According to both Tuttosport and Sportmediaset (both members of the overly-excitable and sometime unreliable Italian press), Marco Melandri will be riding a privately run Kawasaki for 2009. In a deal brockered by Carmelo Ezpeleta, the team will be led by Michael Bartholemy. Details are somewhere between sketchy and nonexistent, but it seems that Kawasaki will make all of the 2009-spec bikes available to Bartholemy, who will field a single rider, Marco Melandri.
Finance for the project will most likely come from Dorna who want to avoid breaching their own contract with the FIM to field at least 18 riders for a world championship, with Kawasaki possibly kicking in some seed money since they don’t want to breach their contract with Dorna. Melandri would presumably be riding the 2009-spec bikes tested by Olivier Jacque in Australia during January, despite reports of poor reliability.
Source: MotoGP Matters