A corrosion inhibited fuel mixture includes a hydrocarbon fuel, at least one vanadium composition, and a yttrium composition. The concentration of the yttrium composition in the mixture provides at least a stoichiometric amount of yttrium for a substantially complete reaction between the yttrium and V.sub.2 O.sub.5 formed from the vanadium composition when the mixture is burned. The yttrium and V.sub.2 O.sub.5 react to form YVO.sub.4. One particular yttrium composition useful as a hydrocarbon fuel soluble, water stable vanadium corrosion inhibitor incorporates a yttrium ester having at least four carbon atoms and a hydrocarbon fuel soluble chelating agent that includes 2,4-pentanediene. The complex has a molar ratio of 2,4-pentanediene to yttrium of up to 5:1.