We’d be remiss if we didn’t talk about the incident between Casey Stoner and Valentino Rossi at the Spanish GP (if you haven’t seen the race yet, stop reading now). Charging to overtake Stoner at Turn 1, Rossi found himself going too hot into the turn, and too heavy on the brakes. With Stoner swinging wide to let Rossi through, the Italian went up the inside of Casey’s line, tucked the front, and the rest is history.

While Stoner would later call the crash a “racing incident” in his press debrief, he still chastised his counterpart for making a rash move and an apology that seemed more like a media stunt than a sincere gesture. For the Australian that got shunned by the marshals in the gravel trap, and watched a few laps from behind the guardrail, this weekend certainly seemed like a rough result because of an incident where he made no fault.

Insult was perhaps added to injury as Rossi continued on with his race (Stoner clapping as the Italian came by Turn 1 the very next lap, a sarcastic gesture for Rossi’s move and outcome), and then went on to finish the race with a fifth place result. Coming into the Repsol Honda garage with several TV cameras in tow, Rossi apologized to Stoner, with the following interaction occurring between the two riders (find it after the jump).

The Honda boys were out in full-force today, as MotoGP testing continued at Sepang. With only Toni Elias outside of the Top 7, Honda’s race package for the 2011 season is looking very stout, despite the fact that chassis selections still haven’t been finalized. While landing at the top of the results list is about as useful as yelling “first” in the comments section, Casey Stoner just barely snatched the honor away from Dani Pedrosa in his final lap around the Malaysian circuit, leaving only .058 seconds between the teammates.

Like yesterday, the Yamaha Racing factory squad looked in good form as well, with Spies showing marked improvements despite crashing in one of the sessions. Jorge Lorenzo spent some time on two different bikes, confirming the direction his crew was going with developing the 2011 Yamaha YZR-M1 for the new season.

Things weren’t progressing as well in the Ducati camp though, as all the teams struggled with front-end issues. Notably absent from the day was Valentino Rossi, who has come down with cold/flu like symptoms. He retired to the hotel, in the hopes of being well enough to ride in tomorrow’s last day of testing. Carrying the Corse flag alone, Nicky Hayden had a tough day that ended with gearbox problems. Still, the ever-positive American was hopeful for better fortunes on Thursday as the team seems to have worked out some chatter issues.

Casey Stoner set the pace today at MotoGP’s second off-season test at Sepang. The Australian, and the rest of the four factory Honda riders, proved to be very impressive on the Malaysian track, as the 2011 Honda RC212V seems to be hitting its stride just before the season opener in Qatar in a few weeks.

The Honda riders don’t have things all sewn up though, as the Yamaha of Jorge Lorenzo was looking very fast, as were Americans Ben Spies and Colin Edwards. Earlier in the day, nine-time World Champion Valentino Rossi even cracked into the Top 5 on the standings, and despite finishing the day just over a second behind Stoner, the Italian was upbeat about the team’s progress and his physical condition.

In case you’ve been living under a rock for the past few months, tomorrow is the day that Valentino Rossi will officially leave Yamaha, and ride the Ducati Desmosedici GP11 for the first time. In 7 seasons Rossi won 4 Championships and 46 GP’s for the Japanese company, and helped turn the YZR-M1 from MotoGP dud, to the MotoGP stud in that timeframe.

Appropriately, former World Champion Valentino Rossi, along with Executive Officer of Engineering Operations Masao Furusawa and Managing Director of Yamaha Racing Lin Jarvis, have released statements about the past seven years, which shed a great deal of insight into the relationship between Yamaha and Rossi, and the impact that the Italian rider will leave behind on the Japanese company. Quotes and some photos after the jump.

On Tuesday night we were delighted to see that American print magazine Cycle World had gotten a chance to sit down with Ducati Motor Holdings CEO Gabriele del Torchio, and talk about the future of Ducati, the upcoming power-cruiser, and of course Valentino Rossi. To our surprise, del Torchio seemingly spilled the beans about Rossi moving over to Ducati, and so we, like many other sites, jumped on the news and published it.

This article of course has surprised the folks in Bologna, who have released a statement saying that the Italian brand has not signed Rossi, and that Cycle World‘s article “misreported” the facts. This is of course Ducati saying politely that Cycle World made the quotes up, which regardless if it’s true or not, is a sizeable issue for motorcycle publications and their readers.

If you haven’t already heard about the TwitGP that took place on Twiegi twitter this weekend, then you missed out on one of the best crowdsourced virtual online racing events ever to take place on the interwebernets. A bit silly, yes. But TwitGP, which came about as a result of the cancelled Japanese GP, was a clever use of modern media and user interactivity that created a humored and enthusiastic approach to twitter and MotoGP. One of the best parts about the TwitGP was the ongoing puns, and fictitious rider quotes that came from people all over the world. We’ve reproduced some of the best after the jump, enjoy.