Daniel Hegarty lost his life during a crash at the Macau Grand Prix, leaving many fans of the sport shattered. The race was immediately red-flagged.
In a statement, BMW Motorrad Motorsport said that it "would like to express its honest condolences to Hegarty's family, friends and team at this hard time".
"The committee extends its deepest sympathies to the family and friends".
Mr Hegarty, 31, from Nottingham, was racing in his second Macau Grand Prix, and was a regular at the Isle of Man TT. "Bike is much easier to ride now".
He was taking part in his second Macau Grand Prix after finishing 16th a year ago.
Hegarty had raced motorcycles throughout a 17-year professional career including risky street races such as the classic in Macau.
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Northern Irish racer Glenn Irwin was credited with the win having led when the race was abandoned.
"It's a very sad end to what has been a successful week", he told the BBC.
"It's a tragic end to the day".
Hegarty had told Bikesportnews.com a year ago that he had turned to the road events because that style of racing "didn't hurt my elbow so much".
"It was just three people standing on boxes", Irwin said.
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