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With the demise of 125GP coming down the pipe, it comes as no surprise today that we learn that KTM has begun working on a Moto3 racing program. According to GPOne, work began on the project a few weeks ago, and is still in the early stages of its design. With all the 250cc MX, enduro, and supermoto four-stroke singles in KTM’s arsenal, the Austrian company has a surfeit of experience in making potent small displacement machines, and could be an early favorite in the 2012 opening season. The news also balances out well with the recent confirmation that KTM is working on a 250cc+ version of its KTM 125 Duke, which is destined for the American market in the next 18 months or so.