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The last of the 990cc pole records finally went at Valencia, along with the last record held by Valentino Rossi at any of the tracks currently on the calendar. Dani Pedrosa’s astonishing last lap was inch perfect, and put him 0.158 seconds faster than Rossi’s time, set in 2006 at the infamous season finale in which Rossi got a dismal start, then fell off trying to catch Nicky Hayden, handing the American the world championship in the process.

Pedrosa’s lap really was something special, though the Spaniard was not as impressed as the onlookers. He had had a few good laps in his career, he told the press conference, and this was definitely one of them. Pedrosa has looked ominous all weekend – actually, since Indianapolis – and if it were going to stay dry, then you would be hard put to think of anyone who could beat the Repsol Honda man.

Jorge Lorenzo is keen to try, and is fast all the way round the circuit to the final sector, but is losing a couple of tenths just in the acceleration out of the final corner and towards the line. The Hondas dominate there, good round the long left before the final corner – both Casey Stoner and Dani Pedrosa were hanging the rear out all round that turn, showing a hint of the old tire-smokin’ 990 days – but absolute missiles on acceleration.

That has been Lorenzo’s complaint all year, not sufficient acceleration and not the wheelie control which the Hondas appear to have. If Lorenzo arrives at the final corner with a Honda behind him, he will fear for his position.

After an almost interminable period of discussions and debate, agreement has at last been reached over the technical regulations to be applied in MotoGP for the 2014 onwards. The agreement has been a compromise, with both sides of the table being given something to satisfy them.

The new rules see the introduction of a compulsory spec ECU and datalogger, and the ECU now acts as a divide between the two classes of teams in the paddock. MSMA members will be allowed to use their own software for the spec ECU, but the punishment for doing so will be a reduction in the fuel limit from 21 to 20 liters for a race.

Teams electing to use the spec software supplied by Dorna will be allowed 24 liters. The MSMA members will also be limited to 5 engines a season, while the rest will be allowed 12 engines. The reduction in fuel and engines was made at the request of the factories, to give themselves an engineering challenge to conquer.

The atmosphere in the paddock at Valencia is an odd mixture of fatigue, excitement and anticipation. Fatigue, because it is the end of a long season, and the teams and riders are barely recovered from the three back-to-back flyaway rounds; excitement, because this is the last race of the year, and the last chance to shine, and for some, the last chance to impress a team sufficiently to secure a ride next year; and anticipation, because with so many riders switching brands and classes, they are already thinking about the test to come on Tuesday.

Or in Casey Stoner’s case, thinking about a future outside of MotoGP. As his departure from the championship grows near, it is clear that he has had more than enough of the series. Asked if he was worried about the politics in V8 Supercars, where he is headed in the near future, he said he wasn’t, because he understood that V8 Supercars is a different kind of championship.

MotoGP, though, was supposed to be a professional championship, and in his opinion, it was ‘a joke’. Four races in Spain, another just over the border in Portugal, this was not a truly world championship, Stoner said. Instead, MotoGP is too much of a European championship, and it needed to rediscover its roots.

When Casey Stoner was asked on Thursday about the key to his speed through Turn 3 – now renamed Stoner Corner in his honor – he refused to answer, saying only that he might tell everyone after he had retired. To anyone watching Stoner scorch around that corner and the rest of the track, the secret was plain to see: the Australian is completely in his element, totally comfortable and confident in every move he makes at the circuit.

Stoner left thick black lines round most of the left handers at the circuit, including daubing them all over the inside of the kerbs at Turn 3. It was a display of mastery that left even the injured Ben Spies in awe, watching at home on the computer. “I gotta say without a doubt Casey Stoner does stuff even GP racers watch and scratch their head at!” Spies posted on his Twitter page. Stoner ended nine tenths of a second up on second-place man Dani Pedrosa, the only man to dip into the 1’29s (just, his fastest lap being 1’29.999), and the only man bar Pedrosa to hit the 1’30s.

Bridgepoint Capital, the private equity firm which owns Dorna and Infront Sports and Media, has sold a 39% stake in Dorna to a Canadian pension fund, Canadian media are reporting. According to a report from Reuters, Canada Pension Plan Investment Board reportedly paid €400 million for the 39% stake in Dorna, and will join Bridgepoint and Dorna’s management – in the figure of Carmelo Ezpeleta – in running the company.

The sum paid for the 39% stake gives Bridgepoint a healthy profit. The UK-based private equity firm purchased Dorna from CVC back in 2006, when CVC purchased the rights to Formula One and were forced by the European Competition Commission to sell the rights to the MotoGP series first. Bridgepoint is said to have paid some £400 million (about €550 million) for the 71% stake held by CVC when they took over the company.

The Canada Pension Plan Investment Board is buying into more than just MotoGP, however. With the consolidation of Infront Motor Sports under Dorna, CPPIB now has a stake in both MotoGP and World Superbikes. This sale also provides the rationale for Bridgepoint’s decision to bring both series under a single umbrella: not only does it add value to the package on offer to CPPIB, but it also eliminates competition between the two series, allowing both to grow without cannibalizing each others audience and potential sponsors.

This, rather than any power struggle between Dorna CEO Carmelo Ezpeleta and Infront bosses Paolo and Maurizio Flammini, is the more important reason for combining the two series. Ezpeleta may have come out on top in that internal power struggle, but it was as a by-product of the proposed sale, rather than as a direct intent.

The battle which has been raging rather politely between Honda and Dorna over the introduction of spec electronics continues to simmer on. The issue was once again discussed at Motegi, with still no resolution in sight. HRC boss Shuhei Nakamoto reiterated Honda’s opposition to the introduction of a spec ECU in an interview with the Japanese journalist Yoko Togashi, which was published on GPOne.com.

The reasons for introducing a spec ECU – or more accurately, a spec electronics package, including ECU, sensors, wiring harness and data logger – are twofold: the first issue is to cut the costs of electronics in the sport, an area where spending is rampant and where gains can always be found by throwing more money and more engineers at a problem. The second issue is to improve the spectacle; racing in the modern era has become dull, with the electronics and the Bridgestone tires contributing to produce races where it is unusual for there to be more than one pass for the win.

While Nakamoto did not comment on improving the show via electronics – it could be argued that radically changing the tires would have a greater impact on the spectacle than merely introducing a restricted spec electronics system – he did repeat the claim he has made in the past that merely adopting a spec ECU would not help to cut costs, claiming that if anything, it would actually increase costs.

The Twin Ring Motegi circuit is to be home to the Japanese round of MotoGP until at least 2018. Dorna today announced that a contract had been signed with the circuit for it to host the Japanese Grand Prix from 2014 to 2018. Motegi has been on the calendar since 1999, first running the Pacific Grand Prix before taking over the Japanese Grand Prix when Suzuka was axed from the calendar following Daijiro Kato’s death.

There had been some doubt about the future of the circuit in the aftermath of the 2011 earthquake and tsunami. Motegi is just over 120km away from the Fukushima Daiichi nuclear plant which was badly damaged by the tsunami, and caused a massive leak of radiation.

This may very well turn out to be the biggest week in MotoGP since the decision to replace the two stroke 500s with large capacity four stroke machines. This week, Dorna CEO Carmelo Ezpeleta is set to have meetings with each of the MSMA members at Motegi, to hammer out once and for all the technical basis for the 2014 season.

If they succeed, the ground will be laid for a set of technical regulations which can remain stable for the long term, the goal being at least five years. If they fail, then one or more manufacturers could leave the series, reducing the number of factory bikes on the grid and potentially removing two of MotoGP’s top riders from the grid. There is much at stake.

So much, in fact, that neither side looks prepared to back down. On the one side is Dorna, who see the costs of the championship spiraling out of control thanks to the increasing sophistication of the electronics, and the racing growing ever more clinical as fewer and fewer riders are capable of mastering the machines these electronics control.

On the other side are the factories, for whom MotoGP, with its fuel-limited format, provides an ideal laboratory for developing electronic control systems which filter through into their consumer products and serves as a training ground for their best engineers.

Dorna demands a spec ECU to control costs; the factories, amalgamated in the MSMA, demand the ability to develop software strategies through the use of unrestricted electronics. The two perspectives are irreconcilable, at the most fundamental level.

After the bombshell announcement that Bridgepoint was putting Dorna in charge of both the MotoGP and World Superbike series, the media were keen to get a reaction from either of the Flammini brothers, the two men who had helped to grow the series into the success it is today, and who currently run WSBK. After an initial deafening silence, Paolo Flammini finally made an appearance at Magny-Cours on Sunday morning, to explain his, and Infront’s, point of view. Our friends at the Italian website InfoMotoGP.com were present to record the press conference on video.

Flammini did not say much – indeed, he started his speech with the words “I don’t have much to add to what is written in the press release,” – but what he did say helped clarify the situation a little. Starting off with an understatement – “This step represents a very big moment in the history of World Superbikes”, Flammini told the assembled media – the Italian was at pains to make clear that World Superbikes would face few changes for 2013. “Many people are worried for the 2013 season, but nothing special will happen,” he said, emphasizing that his aim was to keep stability in the series.

The Texas round of MotoGP is to go ahead. The race, due to take place at the Circuit of the Americas in Austin, Texas has been confirmed for April 21st, 2013, with Dorna and the Circuit of the Americas issuing a joint press release announcing the date. The race in Texas was one of the two races marked as being subject to confirmation, but today’s announcement leaves just the race in Argentina and the Jerez round to be confirmed.

Confirmation of the race comes despite the ongoing legal action between Kevin Schwantz and the Circuit of the Americas. That legal action should have no effect on the race actually taking place, however. The lawsuit filed by Schwantz against COTA will take some time to actually get in front of a judge, and the most probable outcome is that money will change hands to settle the deal, either one way or another.

The signing of the Austin contract leaves just Argentina and Jerez to be sorted out. The Jerez deal is a question of paperwork and, most likely, money; it is inconceivable that Dorna would pull out of the deal to host the first European round of the season in Jerez, where it has been for several years now.

Argentina, on the other hand, is far more complex: there are reports from local Argentine sources that work on the facilities at the circuit is slow, but the bigger problem is political. The expropriation of Repsol’s Argentinian subsidiary Repsol YPF by the Argentine government has deeply upset the Spanish oil giant, and Repsol has threatened not to allow the teams it backs to attend the race, saying that they cannot be certain that their property will be safe, a claim which the local organizers have denied.

The full press release announcing the MotoGP race in Texas is after the jump.

Bridgepoint has announced today that it has brought MotoGP and World Superbike, the two motorcycle racing series it owns, under a single umbrella organization. The reorganization will see Dorna Sports become the parent organization for both series, though Infront will operate as an independent entity and continue to organize World Superbike under its own banner. Infront has also been named as “marketing advisor and global advisor” for both MotoGP and WSBK.

The implications of this announcement are huge, but not immediately clear. The logic behind the move is impeccable: the two series are spending too much of their time competing against each other instead of working together to promote the sport of motorcycle racing. By combining their marketing efforts, the hope is that both series will be made stronger.