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Released in Italy today, Honda has taken the wraps off a concept drawing that shows a new crossover motorcycle, based off the VFR1200F. Super-imposed over the shape of the new VFR, this new concept rendering shows a largely reduced fairing, in anticipation of its more “adventurous” segment orientation. If rumors are to believed on the internet, the bike may not share the same 1237cc displacement as its sport-touring cousin, and instead will sport a middleweight displacement (800cc’s seems to be a popular number).

This new VFR is one (or two?) of eight new models Honda has said it will debut in Milan. One of the other rumored models is a 1200cc concept bike, which will reportedly be a 2012 model year motorcycle with Honda’s dual-clutch transmission, we’ll have to wait a bit longer to find out the rest of what Honda has in store for us.

Suzuki seems to be to a single-man team for the next season, despite Dorna CEO Carmelo Ezpeleta making the rounds in Japan last week reminding the Japanese manufacturers of their legal obligations. With news that a good portion of the Rizla Suzuki MotoGP crew were told they should start looking for new employment, including long-time Crew Chief Stuart Shenton, Suzuki seems to be culling its ranks for a pull-back in 2011 despite the consequences.

With Dorna already showing that it may be more bark than bite, after letting Kawasaki get away with its 2009 pull-out, the folks at MCN suggest Suzuki may have brokered a deal with Dorna for a larger involvement in 2012, when MotoGP goes back to the 1000cc format, in exchange for an allowance to run a single-bike next year in an effort to cut the company’s racing costs.

Yamaha Racing announced this morning in Motegi, Japan that they have finally come to an agreement with Jorge Lorenzo, which sees the Spanish rider signing a two-year contract with the factory team. The announcement isn’t a surprise, as Lorenzo has made it clear over the course of the season that his goal was to remain at Yamaha, with the Japanese company making similar overtures.

Lorenzo is however the last MotoGP alien to sign-up for next year, with the delay likely being due to salary negotiations and other perks within the team, like developing the YZF-M1 to suit his riding style. Lorenzo is currently 56 points ahead of Dani Pedrosa for the MotoGP Championship title, and is heavily favored to win the accolade this year for Yamaha, after finishing second last year to teammate Valentino Rossi.

When the guidelines for the 2012 MotoGP season were released, a new class of motorcycle was allowed entry into the top series of motorcycle racing. Allowing the use of production-based motors in prototype chassis, claiming rule teams will be able to enter into the series theoretically for much less money than non-factory teams could in the past, which is a move by Dorna to bolster the GP grid size.

One of the first firms to jump on the opportunity is Suter Racing Technology, the maker of one of the more popular chassis being used in Moto2 this season. Using a BMW S1000RR motor as the power plant, the prototype race bike is based heavily off Suter’s MMX Moto2 bike.

Filling the void left behind by Ben Spies, who will be riding with the factory Yamaha squad in MotoGP next season, Cal Crutchlow has officially re-signed to a two-year contract with Yamaha, and will begin his MotoGP tenure with the Monster Yamaha Tech3 team. None of this news should be shocking to the MotoGP and WSBK loyal, as Crutchlow has been linked with a MotoGP/Tech3 seat for some time now.

Monster Yamaha Tech3 Team Manager Hervé Poncharal revealed to Asphalt & Rubber back at Laguna Seca that Crutchlow was one of a few names on a very short list that could replace Ben Spies next season.With the Englishman seen repeatedly around the MotoGP paddock and meeting with Tech3 and Yamaha representatives, it was clear where Crutchlow would land, but the announcement is still a big one for Yamaha all the same.

German magazine Speedweek is reporting that Norton will be back in GP racing for the 2012 season with a two-man team. Speedweek‘s highly respected Austrian journalist Gunther Wiesinger has received word that Norton has requested two spots on the 2012 MotoGP grid, and has signed a request to join the series when it returns to the 1000cc format. It’s unclear at this time if Norton will be entering as a claiming rule team (CRT), or be listed as a factory prototype, which could have a dramatic affect on the team’s success in the series.

After the GP Commission convened at Assen to meet regarding rules for the 2011 season, and other GP affairs, talk quickly began to spread that rumors of a Moto3 class were true. Seeing the success of Moto2 in replacing 250GP, the GP Commission seems to think that a similar race series could successfully replace the 125GP class, making all of GP racing a four-stroke affair as early as 2012 or 2013.

In a somewhat bizzare move, the GP Commission is set to discuss the possibility of bringing 1000cc race bikes to MotoGP a year earlier than previously agreed upon. A proposal set to be put forth on Friday by IRTA President and Tech3 Yamaha boss Herve Poncharal would allow for 1000cc motorcycles to race in MotoGP in 2011 rather than in 2012 as was planned because of the alleged need to fill the grid from its current 17 bike total.

Jorge “Aspar” Martinez has once again been linked with being a part of Aprilia’s alleged entry into MotoGP racing. Reportedly working with Aprilia to develop a 1000cc motor based off the RSV4 Superbike powerplant that’s dominating World Superbike right now, Aspar and Aprilia have denied any intention to go racing together in MotoGP.

For his part, Aspar currently has his hands full racing in all three of the GP series, while Aprilia has voiced that its priority right now is winning in WSBK. The final nail in the coffin for this rumor is its timeframe of a 2011 entry, which barring another rule change from the GP Commission, is still an 800cc rule year.

Silly season isn’t just an event localized to the MotoGP paddock, and rumors are starting to surface in the World Superbike paddock as well. According to the paddock gossip, Marco Melandri could end up on a factory BMW ride in World Superbike next season, but the intrigue doesn’t stop there.

Part of BMW’s plan is then to have Melandri be their rider of choice when the team makes their predicted jump to MotoGP for the 2012 season. BMW team boss Davide Tardozzi is supposedly the mastermind behind the deal WSBK/MotoGP deal, although nothing seems to be set in stone at this point in time.

As teams look to the future of MotoGP racing, the rumors are beginning to fly on how the newly revised rules will affect the competitive landscape in the race series. With news already surrounding what opportunities exist for private teams, we focus now on the factory efforts. Making it clear recently that the Bologna factory is not convinced that 1000cc is the optimal displacement with the current fuel restrictions, Ducati’s Filippo Preziosi has hinted that Ducati is considering a 900cc or 930cc displacement for the 2012 race season.