Jorge Lorenzo made no excuses after losing out to MotoGP title rival Dani Pedrosa at the final turn of Sunday's Czech Republic Grand Prix at Brno.
Lorenzo took the hole shot from pole and led for the first half of the 22 laps, but with Pedrosa constantly in his wheel tracks.
The situation was then reversed, with Lorenzo shadowing Pedrosa during the second half of the race.
Victory came down to a last lap showdown, which began when Lorenzo launched a surprise pass on Pedrosa through the stadium section with just half a lap to go.
However the Honda rider pulled back alongside on the uphill run to the final chicane and was able to narrowly overcome Lorenzo's attempts to hold the lead around the outside.
Lorenzo's title lead has now been cut to 13-points over Pedrosa.
“I really enjoyed that race, mainly in the last laps, Dani and I tried everything for the win. We are so close in the Championship that every point is important,” said Lorenzo.
“It was a very strategic race, in some parts of it I was slowing down to relax a bit and get some air and I think Dani was a little later on as well, staying calm and preparing for the last laps.
“When Dani was pushing a lot I took a lot of risks to stay with him and finally I had to try to pass him, the victory was so close I had to try.
“This time Dani was cleverer than me and braver so congratulations to him, next time maybe it will be different!”
Team manager Wilco Zeelenberg felt it had been a fantastic show and was proud of his rider.
“That was a fantastic MotoGP race today, the last lap was amazing to watch,” he said. “Second place is not completely satisfying but anyway they both made a great show and if they had continued for another ten laps I think they would still have been right there together.
“Dani deserved to win today because finally he passed the line first. Jorge behaved really well and tried to do all he could to win it. To take so many risks when you are 18 points in the lead is very brave so I'm proud of him.”
An official test will be held back at the Brno circuit on Monday, when Lorenzo will try an early version of the 2013 Yamaha.