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The news had been coming for a month or so, but at last it has been announced officially. Valentino Rossi has signed a two-year extension of his contract with the Movistar Yamaha team, and will race with them in MotoGP for the 2015 and 2016 seasons.

For the past few races, Rossi had said he had been close to signing a new deal, but had a few details still to clear up. Those details had been resolved at some point between the Barcelona and Assen rounds, with Rossi’s new contract signed at Assen.

With Marc Marquez already signed up for 2015 and 2016, and Valentino Rossi on the verge of penning a new deal with Yamaha for two more years, attention is turning to Dani Pedrosa and Jorge Lorenzo.

Will Lorenzo want to stay with Yamaha or switch to Honda? Will Pedrosa be prepared to take a pay cut or head off to a different factory? All these are thing we will learn over the coming weeks.

Pedrosa’s case is particularly interesting. Some well-informed sources are starting to report on his options for the future. According to the Spanish magazine Motociclismo, Dani Pedrosa has been offered a substantial pay cut by Honda, with a base salary cut from something in the region of 6 million euros a season to 1.5 million euros, with a very generous bonus scheme for winning races and the championship.

But Suzuki have also shown an interest in Pedrosa. The Japanese factory needs a winning rider to help make their new bike fully competitive, times set by Randy de Puniet are so far lagging a second or more behind the factory Hondas and Yamahas.

Michelin has been named as the official tire supplier for MotoGP starting from 2016. The French tire manufacturer will take over the role from Bridgestone when Bridgestone leaves at the end of 2015 season.

The official announcement confirms the worst kept secret in the paddock. Michelin had been widely trailed as being awarded the contract, as the French firm had shown the most interest.

Unofficial talks had taken place with Pirelli, and Dunlop had made a formal request for information, but Michelin was the only tire maker to submit a bid. Michelin has already been testing its 16.5″ slicks at Vallelunga and Clermont Ferrand in preparation for a bid.

World Superbike fans may, or may not, be pleased to hear that beIN Sports will continue televising WSBK for the American market, through the 2015 season.

As was the case previously, beIN Sports will continue as the sole-television provider for the American and Canadian television markets, while the beIN Sports online streaming service will operate alongside World Superbike’s own internet property.

France will continue to host MotoGP for at least another seven years. Today, Dorna announced that an agreement had been reached to extend the contract with race organizer Claude Michy through 2021, adding five years to the deal which was due to expire after the 2017 round.

The new deal does not guarantee that the race will continue to be held at the Le Mans circuit, however, as the contract is with the organizer, who negotiates separate deals with the Le Mans track. The chances of it being moved elsewhere are slim, however. The two alternative circuits capable of hosting a Grand Prix in France are Magny-Cours and Paul Ricard.

Both feature interesting layouts, but suffer with location, as neither are very close to large population centers. Paul Ricard is better situated, close to the French coast, and therefore with accommodation reasonably nearby. But Paul Ricard suffers the disadavantage of having all of its gravel traps replaced with hard asphalted run off, ideal for cars, but not so good for motorcycles.

With the contracts of the four riders in Honda’s and Yamaha’s factory teams expiring at the end of 2014, real fireworks were expected when contract negotiations began for the 2015 season and beyond.

But as the season progressed, those fireworks have turned into something of a damp squib, with it looking increasingly likely that the factory line ups will see little or no change for 2015.

The first contract has already been signed. Today, HRC announced that they have reached agreement with Marc Marquez for another two years, meaning that the 2013 world champion will stay with the Repsol Honda team for the 2015 and 2016 seasons.

According to Italian Sky TV, the Jerez round of MotoGP could be the very last race for Colin Edwards, as the Texas Tornado could relinquish his place in MotoGP directly after the Spanish race, to make way for another rider.

NGM Forward team boss Giovanni Cuzari told Italian Sky TV that there would be a meeting on Monday with Edwards to discuss his future with the team. Forward’s sponsors are reportedly not happy with having Aleix Espargaro circulating at the front, while Edwards has been unable to match the pace of his teammate.

Edwards has been unhappy with the Yamaha chassis from the very beginning, and had hoped to receive a chassis from FTR, which Forward had originally intended to race for 2014.

However, Forward has allegedly not paid FTR for the chassis, and the British chassis builder has refused to supply the frames, which are rumored to be now sitting idly in the company’s headquarters in Buckingham.

If Edwards was to step down, then the most likely candidate to replace him is Danilo Petrucci. The young Italian could be moved out of the IODA Racing team to ride the Forward Yamaha.

That would make room for Leon Camier, who originally signed with IODA to contest the 2014 season aboard the ART machine, but that deal fell through when IODA lost sponsorship, and could not afford to run two riders. Moving Petrucci to Forward and slotting Camier into IODA would resolve that situation.

Simone Corsi has also been linked to the ride, as the Forward Moto2 rider is set to test the bike during the MotoGP test on Monday. That, however, is to evaluate a move to MotoGP in 2015, rather than to move him up immediately.

To check the veracity of the Italian TV reports though, we went to Giovanni Cuzari himself, to ask him what he had actually said. Cuzari claimed that Italian TV misinterpreted his words, and Edwards would be free to ride for the rest of his contract.

When asked what he had told Italian television, Cuzari said “I tell them that the next race, starting on Monday, I would like to speak to my rider Colin Edwards, who has a deal with me to the end of the season, and I will 100% respect my deal. But, if he’s uncomfortable to stay like this, he’s able to do what he wants, nothing else.”

The Marc VDS Racing team is considering moving up to MotoGP for the 2015 season. Team manager Michael Bartholémy has started the process which could lead to a MotoGP entry for next season.

A switch to MotoGP is far from being a foregone conclusion, Bartholémy was keen to emphasize. “This is the first step in a long, political process,” he said. The first stage would consist of talks with Marc van der Straten, the Belgian brewing magnate who owns the eponymous team, here at Jerez, then again two weeks later at Le Mans.

Big changes look to be coming to MotoGP’s spec-tire system. Now in the sixth season of having a single official supplier, MotoGP is moving closer to seeing the number and variety of tires drastically expanded. With the contract with Bridgestone due to expire at the end of 2014, there is even a serious chance that a new manufacturer could take over from the Japanese tire firm.

A report in the latest issue of the Spanish magazine Motociclismo (available via the Zinio platform), the magazine is reporting that Dorna is looking to change the way that the single tire supply works. Dorna representative Javier Alonso told Motociclismo that negotiations had been opened with several suppliers, including Michelin, Pirelli and Dunlop, as well as current supplier Bridgestone.

Dorna had presented Bridgestone with a list of conditions drawn up by the Safety Commission, the liaison body in which the riders discuss safety issues with representatives of Dorna, hosted by safety officer Loris Capirossi.

Though Alonso does not explicitly name the conditions, he does give Motociclismo some context behind their thinking. The idea is to expand the range of tires available at each race, as it has been all too common in recent history for riders to turn up at a particular track only to find that just one of the two compounds available will work.

It is going to be a busy – and lucrative – year for the managers of MotoGP riders. With almost everyone out of contract at the end of 2014, and with Suzuki coming back in 2015, top riders will be in high demand. The signs that competition will be intense for both riders and teams are already there, with the first shots already being fired.

Silly season for the 2015 championship kicked off very early. At the end of last year, HRC Vice President Shuhei Nakamoto made a few casual remarks expressing an interesting in persuading Jorge Lorenzo to come to Honda. He repeated those comments at the Sepang tests, making no secret of his desire to see Lorenzo signed to an HRC contract.

Lorenzo has so far been cautious, ruling nothing out while reiterating his commitment to Yamaha. He is aware of the role Yamaha have played in his career, signing the Spaniard up while he was still in 250’s, and bringing him straight into the factory team alongside Valentino Rossi in 2008, against some very vigorous protests from the multiple world champion.

Yamaha have stuck with Lorenzo since then, refusing to bow to pressure to the extent of letting Rossi leave for Ducati, and in turn, Lorenzo has repaid their support by bringing them two world titles, 31 victories, and 43 other podium finishes.