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Confederate is readying its next iteration of its Hellcat series, posting these CAD renderings of the Confederate C3 X132 Hellcat on its website. Originally set to debut on Halloween of this year, Confederate has pushed back the launch date to the second quarter of 2011. For a bike that seemingly only exists on a computer screen, Confederate is being rather cheeky with its tech specs, simply stating that the new Hellcat will have 145 lbs•ft of torque, while listing the horsepower as “sufficient”.

UPDATE: TT organizers have released the schedule for tomorrow, find it added after the jump.

Racing action at the Isle of Man TT was delayed and finally cancelled because of inclement weather today, and as such the second Monster Energy Supersport race, the second Sure Sidecar race, and the TT Zero race have been pushed back to Thursday.

At first the TT was merely postponed because of low-hanging clouds on the course that limited visibility; but as the morning wore on, rain began falling on the Mountain Course, and race officials sacked the days events.

TT Zero and the rest of the races are expected to take place tomorrow, but the Isle of Man has not released the new schedule yet. Check back to this article for an update on race times for Thursday when we get them.

In conjunction with its announcement that Forrest North has stepped down as CEO of Mission Motors, the San Francisco based company is also announcing that the delivery dates for the Mission One electric superbike have been pushed back from Q4 of 2010 to Q2 of 2011. Mission Motors attributes the deadline push-back to the unforeseen economic collapse in both the motorcycle industry as well as in the capital markets. Despite these setbacks, the company is still on track to deliver the Mission One in a timeframe quicker than or equal to the industry norm, and has also revealed that an addition to the Mission One (which we’ll dub the Mission Two until we hear otherwise) will be announced later this year.