The 2012 Yamaha YZF-R1 has broken cover, and the biggest feature the lightly tweaked liter-class bike boasts is a new seven-level traction control system (for our brothers in arms across the pond, a six-level traction system is being used…consider that punishment for your European ways). Other material changes include a revised engine map for smoother power delivery in the lower and middle rpms, while the footrests, triple clamps, headlight marker lamps, front cowl, and exhaust guards & end caps have also been revamped for 2012. More after the jump.

If you’re reading this post, then you are already too late to own a Yamaha YZF-R1 with MotoGP replica bodywork. For starters, the bikes were offered by Yamaha France, making local delivery here in the US a little challenging, even if you could pony up the €15,999 ($22,750) asking price. Second, race replica R1′s were gone almost immediately after being offered on the French website. If the price seems a bit steep, consider the fact that the machine would be delivered in person at the French GP by its appropriate MotoGP rider (there’s also a bit of Yamaha and team swag involved in the purchase price).

If you’re a die hard Lorenzo, Spies, Edwards, or Crutchlow fan, this opportunity by Yamaha France would probably be a once in a lifetime moment, but what we think is really special is that Yamaha left the Japanese support stickers on the bikes’ livery, not only drawing further ties to the MotoGP machines, but also noting a point in time that changed Japan, the world, and the motorcycle community…good stuff. More photos after the jump, but be forewarned that the yellow and black Tech3 paint scheme is extra drool-worthy on the R1.

Yamaha has quietly released information on the 2011 Yamaha YZF-R1 on its website, and as expected there are few changes for the new year. With plenty of R1′s sitting in the factory, Yamaha took a slugging during the recession, and is still unloading leftover inventory onto dealers. To help sell those 2011 Yamaha R1′s though, the tuning fork brand has thrown some new paint on the faster red ones…and by new paint we mean skulls with wisps of fire and brimstone.

UPDATE: According to Brivio, Rossi just finished 46 laps with a best time of 1’59.135. He reports Rossi as being tired, but his leg and shoulder are feeling better.

Fiat-Yamaha Team Manager Davide Brivio snapped this photo of Valentino Rossi as he left the team box at Brno this afternoon in the Czech Republic. So far Rossi has completed 18 laps around Brno, and will hold a press conference after this last session.

According to GPone.com, Rossi’s best lap on his first run was in 2′01.200, while on the second run his best lap was 2′00.600 with the same track temperatures as yesterday’s WSBK races. Compare that to Cal Crutchlow’s Superpole time of 1′58.018 just a few days ago in similar conditions.

Source: Twitter

Italy was abuzz yesterday as Valentino Rossi took to the track, testing at Misano, after nearly a month long hiatus. Breaking his shin during a highside at Mugello, Rossi was able to get back in the saddle this week partly because of his extensive use of a hyperbaric chamber, which super-saturated his body with oxygen and increased his body’s healing power, but it is also because the Italian World Champion is just that dedicated to racing.

One lucky spectator at Misano was able to catch a number of Rossi’s laps on video, as the Italian completed 26 laps, over two sessions, on the 2010 Yamaha YZF-R1 World Superbike. Rumors peg the carbon-clad WSBK R1 as being one of Cal Crutchlow’s bikes. Crutchlow is a favorite candidate to move into MotoGP (with Monster Tech3 Yamaha) next season, if Yamaha loses Rossi to Ducati in 2011. Check the videos out after the jump.

Visordown is reporting that Yamaha is planning an electronically controlled dual-clutch transmission for a future version of its YZF-R1 superbike. Taking a page from the Honda VFR1200F’s DCT setup (check for our ride report on this in the next few days), Yamaha is looking to implement a simpler DCT system than the one found on the Honda VFR, with a clutch on either side of the motorcycle gearbox.

Yamaha’s DCT is different from the Honda unit, which employs an input shaft the runs through the other input shaft, and has the clutches all on one side of the motor. Instead of this all-in-one arrangement, Yamaha is using a split input shaft that’s half the normal length, with each half attached to an opposing clutch. The overall affect is a much simpler arrangement, but is not as compact or light as the Honda DCT.

We here in the United States have a hard enough time dealing with the antics of the Batman and Robin duo that is DMG and the AMA, but our Canadian brothers to the north have their own issues to deal with as well. In a surprising announcement, Canadian Superbike Championship has announced that it has banned the the entire 2010 Yamaha line from racing in its various series, while any year Yamaha YZF-R1 has been banned from the Canadian Pro Superbike class. More after the jump.

With the pressure to buy a KTM RC8 up’d by KTM’s new deadline, it got us thinking what else we’ll need to ask Santa to get us for Christmas, a brand new 2009 Yamaha R1 wouldn’t be half bad, especially after watching this new video the tuning-fork brand released. Continue reading to watch the video, and see great wallpaper fodder of the R1