Two championships could be settled at Phillip Island on Sunday. Marc Marquez looks certain to wrap up the 2012 Moto2 title in Australia, as the Catalunya Caixa rider needs just 2 points to put the title out of reach of Pol Espargaro. Marquez’ chances of wrapping up the Moto2 title with a win look slim, though. Pol Espargaro has been in a class of his own at Phillip Island, his love for the circuit showing through in the way he has been riding.

The only man to get near to Espargaro all weekend has been Scott Redding, as Phillip Island is one place where Redding’s size is less of a handicap. With few places where hard acceleration from low speed is required, Redding can rely on his natural speed to get around the track. Despite still being the youngest rider ever to win a Grand Prix – a title he is likely to hold in perpetuity, since the minimum age went up to 16 – Redding is still winless in Moto2. If he can follow the pace of Espargaro, Phillip Island could well provide him with a real shot at his first win.

The MotoGP title may not be settled in Australia, though. Jorge Lorenzo leads Dani Pedrosa by 23 points, and just needs to finish ahead of the Honda man to wrap up the championship at Phillip Island. The odds of that happening looked much better on Saturday, Lorenzo taking 2nd spot in both the morning’s free practice and qualifying in the afternoon, finishing ahead of Pedrosa in both sessions.

But Lorenzo may yet have to leave the box of championship t-shirts in the flight cases, as a closer look at the race pace between Lorenzo and Pedrosa gives the advantage to the Honda man. Lorenzo is lapping consistently in the high 1’30s and low 1’31s, but Pedrosa has been reeling off strings of high 1’30s in race trim.

When Casey Stoner was asked on Thursday about the key to his speed through Turn 3 – now renamed Stoner Corner in his honor – he refused to answer, saying only that he might tell everyone after he had retired. To anyone watching Stoner scorch around that corner and the rest of the track, the secret was plain to see: the Australian is completely in his element, totally comfortable and confident in every move he makes at the circuit.

Stoner left thick black lines round most of the left handers at the circuit, including daubing them all over the inside of the kerbs at Turn 3. It was a display of mastery that left even the injured Ben Spies in awe, watching at home on the computer. “I gotta say without a doubt Casey Stoner does stuff even GP racers watch and scratch their head at!” Spies posted on his Twitter page. Stoner ended nine tenths of a second up on second-place man Dani Pedrosa, the only man to dip into the 1’29s (just, his fastest lap being 1’29.999), and the only man bar Pedrosa to hit the 1’30s.

This year’s Malaysian round of the MotoGP series has offered a glimpse of the future, for those with an interest in seeing it. While the series is locked in a series of arguments over the future of the technical regulations, the massive economic problems in its key television markets, and the Spanish domination of the sport in all classes, Sepang pointed the way forward, and that way is definitely east.

It starts with the crowds. Where crowd numbers have been falling almost everywhere at the European rounds, Sepang is seeing record attendances this weekend. Grandstand tickets are selling out fast, and despite the rain, fans are turning up in large numbers.

How much those numbers are being inflated by Australians flocking to the circuits they can fly to affordably to see Casey Stoner ride the last few races of his career is uncertain, but that they should be packing the grandstands in Malaysia seems unlikely. There are also plenty of local fans, coming to see riders from the region threaten the top of the time sheets for the first time in history, and not just make up the numbers at the rear.

They have had a treat this weekend. On Friday, local wildcard Hafizh Syahrin topped an admittedly wet session of Moto2 free practice by getting out early when it was relatively dry, but he had sufficient competition for his result to have been noteworthy.

On Saturday morning, Japanese rider Takaaki Nakagami topped Moto2 FP3, once again by judging the conditions correctly. And on Saturday afternoon, the fans were in for a massive treat, when Zulfahmi Khairuddin bagged his first ever pole position in front of his home crowd, becoming the first ever Malaysian to start from pole in a Grand Prix. And on his 21st birthday too.

After two days of miserable weather at Aragon, race day dawned dry, sunny, though still a little cool. Paddock regulars who had spent the last two days scurrying from pits to hospitality, seeking shelter from the rain, poured out into the paddock to catch the warmth of the sun, which they had just about given up on previously.

The blue skies brought out some great racing, at least in Moto3 and Moto2, as well as some fantastic displays of riding in MotoGP, though the excitement in the premier class was to be found in the battle for the final spot on the podium rather than in the fight for victory. But there were also a few signs of improvement in the near future.

Valentino Rossi’s imminent return to Yamaha – to be announced on Friday morning, Yamaha and Ducati having been forced to move the schedule forward once news of the switch leaked – will accelerate the final movements in MotoGP’s silly season, with the remaining open grid slots on prototype machines likely to be filled in very short order once the Rossi announcement has been made. Rossi’s return to Yamaha will be heralded much as his departure for fresher pastures at Ducati was, only this time the roles will be reversed.

First, Ducati will issue a release thanking Valentino Rossi for his time with the factory, and shortly after – minutes, rather than hours, – Yamaha will issue a press release welcoming Rossi back to the fold. The difference, perhaps, is that this time a love letter such as the one Rossi wrote to Yamaha after he left in the middle of 2010 is unlikely to be forthcoming.

With Rossi at Yamaha, that leaves five prototype seats still open: The factory Ducati left vacant by Rossi’s switch to Yamaha; the as-yet unfilled second Monster Tech 3 Yamaha seat (the first seat is for Bradley Smith, who will be moving up from Moto2 as provided for in the contract he signed with Herve Poncharal in the middle of last season); the San Carlo Gresini Honda bike currently being ridden by Alvaro Bautista; and the Ducati junior team seats, in a yet-to-be-decided structure with one or more yet-to-be-selected teams. So who will be filling those seats? And where does that leave the riders left standing once the music stops?

You’d be hard pressed to know that Part 3 of Monster’s little video series on the Mugello helmets of Valentino Rossi featured The Doctor at all (Part 1 & Part 2), as the short video clip watches more like a highlight reel of all of MotoGP’s Monster-sponsored riders. Maybe that’s because Rossi wasn’t fighting for the front at the Italian GP (though it was his best dry-weather outing thus far with the GP12), while Monster Yamaha Tech 3′s Andrea Dovizioso found himself sipping the bubbly after the race.

The truth is probably more along the lines of the fact that the energy drink manufacturer had to shell out big bucks for the video rights from Dorna, and a marketing manager at the company needed something to justify that huge expense to his boss. Anyhoo, our big takeaway from this final installment: the view of fans rushing the track post-race is something worth experiencing first-hand, especially when it involves Teletubbies riding pit-bikes. Video after the jump.

Great tracks produce great racing, even in the MotoGP class, where the combination of fuel limits, extremely advanced electronics, and stiff Bridgestone tires mean that the way to win races is by being absolutely inch-perfect on every lap.

And Mugello is a great track, there is no doubt of that, despite the fact that the usual Mugello atmosphere had been muted by a combination of a dismal Italian economy and sky-high ticket prices at the circuit, the only way for the circuit to recoup some of the sanctioning fee it must pay Dorna to run the race.

The hillsides were very sparsely populated, perhaps in part a result of the total Spanish domination of qualifying, putting three Spaniards on the front row in MotoGP, and another two on the Moto3 and Moto2 poles as well.

Mugello is a special place, and a special race. One of the things that makes it so special is the atmosphere, the massed crowds that arrive on Thursday and Friday, and party noisily until Sunday night, filling the Tuscan skies with the sound of fireworks, engines being held against their limiters, popping exhausts, and very, very loud Italian pop music (or as was the case on Saturday night as we left the track, Jingle Bells composed entirely of fart noises).

They aren’t here. The hillsides are not exactly empty, but the sparse scattering of tents that dot them are a very pale imitation of the wall of color that used to cover the grass at Mugello. The roads are relatively quiet, bikes fairly few and far between, and travelling to and from the circuit is not the nightmare that it has been in previous years.

So why haven’t the crowds come? There are lots of reasons. First and foremost the state of the Italian economy, of course. As in Spain, unemployment in Italy is rising, and those who still have a job are more careful about spending money. High ticket prices don’t help, of course — a general trend at racetracks around the world. Holding the race in mid-July, when the locals would rather be heading to the beach, rather than in early June was another reason.

And then of course there is Valentino Rossi. The Italian legend qualified in 10th on Saturday, and realistically, his chances of battling for the podium are virtually non-existent. And it’s not just Rossi, competitive Italian riders provide thin pickings for the locals to support. There is certainly a chance of seeing an Italian victory on Sunday, but the odds are stacked against it.

Bold and fearless or brash and ill-advised? There was a lot of that sort of thing at the Sachsenring on Sunday, in all three classes. (Spoiler Alert — Ed.) The most obvious example begging that question was what would have been Casey Stoner’s last-corner lunge past Dani Pedrosa, had it not gone horribly wrong as he lined the pass up the corner before. We’ll come to that later, but with a Moto3 race run in drying conditions and a Moto2 race where one of the favorites had to start from well down on the grid, there were plenty more to choose from.

It poured at the Sachsenring on Saturday afternoon. It absolutely hosed down, rivulets of water running across the track to make the conditions treacherous. Ideal conditions for Ducati, you would say, given their form so far this year in the wet, with Valentino Rossi on the podium in the downpour at Le Mans, and a 1-2 during the first session of free practice at a drenched Silverstone. But Nicky Hayden is 7th and Valentino Rossi 9th, a second or more off the pace of pole-sitter Casey Stoner. What went wrong?