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2020 model
In 2020, the Tracer 700 was updated with new fairing and led headlights.The engine was also tweaked to meet Euro-5 emission limits. The display was also changed from the initial black and white LCD to a color TFT.
Tracer 700 GT model
In 2019 Yamaha briefly announced a GT version of the Tracer 700, similar to the larger Yamaha Tracer 900 one. It included side cases and a few other touring features, but the market availability of this variant is unknown as it was removed from the Yamaha official sites in all the countries, the only references are motorcycle magazine reviews and some Yamaha dealers in Europe.