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Investment banks and America as a whole aren’t the only places feeling the economic crunch. MotoGP teams have budgets too. And in order to cut costs, about $100,000 per test day, teams will be reducing their non-European test sessions. Accordingly, the The 2008/2009 testing schedule will be the following:

November 26 -27 Jerez Spain
February 5-7 Sepang Malyasia
March 5-7 Losail Qatar Night test
March 28-29 Jerez Spain Official IRTA test

December 1st to January 20th will be a winter test ban where no teams are allowed to do any testing. Phillip Island has been taken off the testing calendar, and Malaysia will only host one test instead of the two that were originally scheduled. Testing days after GP races will also be sized down, and no testing will occur the Monday after Sunday racing at Jerez, Barcellona, Mugello, Brno, and either Hungary or Estoril.

Source: GPone

Congress is of course considering an Economic bailout for all the teams, only time will tell if it goes through, or if it just becomes a stimulus package.

MotoStudent competition is a competition created by the Moto Engineering Foundation in Spain. While the scope is Spanish and European for now, it has promise to expand to encompass schools from across the globe. The goal of the competition is to have student design and build motorcycles in a fashion similar the Formula SAR competitions in American colleges, which are sponsored by marque companies who use the events to recruit top talent engineers and future employees.

Source: Motostudent via The Kneeslider

Have AutoCAD, will design motorcycles for food.