Premature Celebration: hands down, there is not a more embarrassing act for a motorcycle racer than finishing too early. Such is the case of Italian CIV 600 Superstock rider Riccardo Russo, who climaxed his race far too early during a recent event at Mugello.

Pulling out of the competition with jubilation, it took several pumps of the fist for the Italian to realize that he was not done with the task at hand, as he watched a train of other riders come right by him with still an eager pace. A lesson on holding out until the checkered flag, Russo joins an elite group of riders who have been publicly embarrassed for their problems with premature celebration. Thanks for the tip Jason!

It’s a good job that we are here in Mugello. Normally, at the end of three back-to-back race weekends, riders, team members and journalists are all just about ready to strangle each other – some paddock insiders have colorful tales of intra-team punch-ups, which they will tell if plied with a few drinks – but this is Mugello, the one weekend each season which everybody looks forward to.

There is something very special about the setting, the track, the weather, the location which mellows everyone out. Maybe it is the spectacularly located Tuscan villas most of the teams stay in for the weekend – there is nothing quite like taking a dip in a private pool as the sun goes down behind the beautiful hills of Tuscany to calm the spirits. But the truth is that everyone seems to wear a smile around the Mugello paddock, no matter what hardship they have suffered in the weeks before the weekend.

It is to be a special weekend, just as every race at Mugello is special. And it will be important too, with several big announcements already made, and more to come. The biggest – and least surprising – was the announcement that Dani Pedrosa and Marc Marquez will ride for the factory Repsol Honda team for the next two season. Both signings had been long expected, despite some rumors that Valentino Rossi would be moved into the Repsol team in Pedrosa’s place. HRC Vice President Shuhei Nakamoto explained to the press that the decision to sign Pedrosa had been because of the experience of the Spaniard. “A good rider with good experience,” is how Nakamoto described Pedrosa, saying that his signing was good for Honda.

And Honda was not Pedrosa’s only option. He had had other options on the table and been able to decide freely where he wanted to go, Pedrosa told Spanish media, the implication being that he had an offer from Yamaha, though Pedrosa refused to go into details. He had been a Honda rider throughout all of his career, Pedrosa said, and so to continue had been the best option.

It looks like Monster Energy has a nice video series cooking with Valentino Rossi, just ahead of the nine-time World Champion racing in front of his home crowd this weekend at the Italian GP. Of course, Rossi is known for his special helmets at the Mugello round, and 2012 will be no different, as The Doctor once again has trusted Aldo Drudi to paint him a special AGV lid for the race.

Usually a surprise to race fans, the last few years we have been getting peeks of the Drudi’s work on Twitter, usually from Rossi’s mechanics Alex Briggs. But for this year, Monster and Rossi have teamed up to make a special multi-part promo video to promote the helmet, and the race.

Yeah sure it’s a promotional work for Monster (a personal sponsor of Rossi), but it is actually pretty interesting to hear Valentino, in his own words, explain the significance and meaning behind his and Drudi’s collaborations.

If this first part is any indication of what is to come, we should be in for a nice little web series this race-weekend, though no one is expecting a miracle from Rossi and the Ducati Corse team in their results. Check the video out after the jump.

HRC has today confirmed the news that has been expected for several weeks now. Dani Pedrosa and Marc Marquez have both signed up to race in the Repsol Honda team for the next two seasons, 2013 and 2014. Both riders are long-time protégés of the Spanish petroleum giant Repsol, so the combination of Marquez and Pedrosa in the factory team was the logical choice.

Once the Rookie Rule had been removed – at the request of the Honda satellite teams, for whom Marquez would have caused problems with crew members and sponsors – Marquez’s move into the factory Honda team was inevitable. As for Pedrosa, the Spaniard has consistently won races every season he has been in MotoGP, and has been in the title race most seasons, though injuries have prevented him from mounting a serious challenge.

At Mugello, a large number of pieces in MotoGP’s Silly Season are expected to fall into place. The long-expected announcement of the Repsol Honda team will be made on Thursday, according to Catalunya Radio, with Marc Marquez taking his place alongside Dani Pedrosa, who has inked a two-year extension with HRC. Pedrosa acknowledged at the Sachsenring that there were only details left to clear up, and after winning Germany, the Spaniard appears to have cleared the final hurdles to a new deal.

Mugello also looks like being the deadline for Cal Crutchlow. The 26-year-old Coventry man has offers of two-year deals from both the Ducati Corse team and his current Monster Tech 3 Yamaha team. What Crutchlow would really like is a seat at the factory Yamaha team, but with that seat probably unavailable – either being held open for a possible return to the fold of Valentino Rossi, or else retaining current rider Ben Spies – Crutchlow is instead likely to accept Ducati’s offer of a factory ride, believing that factory equipment is his only chance of winning races and a Championship. According to British motorcycling journal MCN, Crutchlow has been given until Mugello to make up his mind.

A crime against motorcycling, one Lamborghini Murcielago owner may have inadvertently thrown some more fuel on the car vs. motorcycle fire with this latest bone-head move. Losing control of the Lambo outside of a BMW dealership in Como, a certain Italian driver is responsible for sending nine german two-wheelers to the scrapyard. The motorcycles were parked outside of the dealership’s showroom, as the driver and his occupant careened through the row of bikes.

With Saturday’s Superpole qualifying mixing up the field for Sunday’s races, with three of the Top 5 contenders were relegated to the back of the starting grid, World Superbike’s stop at Misano proved to be a pivotal moment in the Championship.

Italian fans waited to see if Tom Sykes could finally capitalize on one of this many pole positions this year, though attention was also divided among Max Biagg, Carlos Checa, and Marco Melandri whom were outside the top eight spots at the start both races. Showing some truly phenonomenal racing, the results of Race 2 at Misano are sure to have a lasting effect on the 2012 points totals.

With many of World Superbike’s top riders finding themselves on unfamiliar grid positions for WSBK’s stop at Misano, a slew of new names were thrust into the spotlight. Getting their chance to shine at the coastal track, WSBK fans were treated to a multitude of great battles under sunny Italian skies, as veteran riders had to work their way from the bike of the field, and contend with riders they normally don’t see in racing conditions. If you didn’t catch Race 1 at Misano, your life isn’t complete. Race reults after the jump.

With the rain pouring right before World Superbike’s Superpole event at Misano, Race Direction at the Italian track called the session “wet” — thus reducing the knock-out style qualifying session from three rounds to only two. With the track drying rapidly though, the wet session looked a lot like a dry one, sans for some early-on damp patches along the racing line.

Tipping the balance just enough, the two-round dry qualifying found some top riders biding their time too long in the pits, which proved to have disastrous effects on their grid positions for Sunday’s double-header race.

The hoopla surrounding the Effenbert Liberty Racing team and last weekend’s World Superbike race at Monza continues, though the Czech-based racing squad is present and accounted for at Donington Park this race-weekend. Traveling without its hospitality suite, the largest in the WSBK paddock, Liberty Racing is essentially sans its title sponsor this weekend, and the teams says Effenbert may withdraw its participation in World Superbike after the events at Monza, though the team is committed to completing the 2012 World Superbike Championship.

Saying that its ire in the press was improperly casted towards Infront Motorsport, the team in another statement has clarified that it blames a small number teams and riders, who helped shape the cancellation of Race 1 at Monza, and the shortened distance of Race 2. With Effenbert Liberty Racing rider Sylvain Guintoli on the pole position in Italy, the team is understandably upset about not being able to capitalize on the weekend, especially after securing two podiums at Assen, one of which was a race win. The broken English press release after the jump, while Liberty rider Jakub Smrz currently sits on WSBK’s provisional pole.