In this paper, a new longitudinal and torsional type ultrasonic motor with two stators is presented and investigated. Normally, such a motor consists of one rotor and one stator, and two types of transducers that are longitudinal PZT and torsional PZT are used to generate the desired elliptical locus on the stator surface. The operating frequency is at the resonance frequency of torsional transducer. In order to enhance the efficiency of the motor, however, the resonance frequencies of both transducers should be closed to each other. For the purpose of matching the resonance frequencies, a symmetrical structure is adopted in design of the motor. Furthermore, two rings are added to the stators in order to adjust the resonance frequencies of these two transducers. A finite element model is developed and ANSYS software is used to analyze the resonance frequencies of longitudinal vibration and torsional vibration as well as optimize the motor geometry. According to the FE results, an experimental prototype is fabricated and the experimental results agree well with the theoretical predictions.