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UPDATE: Álvaro Bautista has signed with the San Carlo Honda Gresini team for the 2012 MotoGP season. The Spaniard is not expect to have a factory support within the team.

Rizla Suzuki has announced today that rider Álvaro Bautista has left the factory Suzuki team for the 2012 season. It has not been announced where Bautista will race next next year, though best guesses would peg the Spaniard as headed to the LCR Honda squad. Certainly linked to this news, Randy de Puniet was given the opportunity to test the 2011 Rizla Suzuki GSV-R yesterday, and the Frenchman has already made some impressions.

Fourth fastest on yesterday’s time sheets, de Puniet has been keen to get out of the Pramac Ducati garage, and onto a more competitive package. With Bautista, de Puniet, and John Hopkins all playing musical chairs around LCR Honda and Rizla Suzuki, Bautista’s departure at least progresses the game forward. The big question still remains though, with Bautista leaving the Rizla Suzuki squad, does that signal another rider’s entry into the factory team, or does it mean the Japanese company’s departure from MotoGP racing?

The Selection Committe, comprised of the FIM, IRTA, and Dorna, has released its official list of entrants for the 2012 Moto2 & Moto3 World Championships. Subject still to the final confirmation of riders contracted to the teams, we can initially see that Moto2 will get a slight grid reduction for 2012, as the middle-child of Grand Prix racing will have 32 riders from 20 teams competing on any given Sunday.

That number will also hold for the new Moto3 class, which will replace 125GP in the upcoming season. Notable team entries come from Bankia Aspar, which is currently leading the 125GP class, and Gresini Racing, which will have a stake in each of the three GP classes. Also present is Marc Marquez’s Monlau Competicion team, which adds some fodder to the increasing debate as to whether the talented Spaniard will ride in MotoGP for next season, though we expect to hear more on that at Valencia, if not at Sepang.

Though an official list, a final selection meeting will be held by the Selection Committee at the Valencia GP, after which a final list of teams and riders accepted will be published. Check the official Moto2 & Moto3 entries after the jump.

Two-stroke racing has been living in a four-stroke world, and the death blow to the smokers in GP racing has already been dealt by the GP Racing Commission. With 2012 set to see Moto3 replace 125GP as MotoGP’s introductory class, the FIM has released the full technical specifications of the up-coming, 2500cc, single-cylinder, four-stroke racing class. Designed not only to bring GP racing into the 21st century, Moto3 also aims to end the Aprilia domination that’s currently taking place in the class’s two-stroke predecessor. With companies like Honda and KTM building complete Moto3 machines, and engineering firms like Kalex working on custom chassis for the prototype 250cc engines, there certainly looks to be a bit of diversity coming to the introductory GP series.

Another issue plaguing 125GP, and GP racing as a whole, is the rising costs of competing in the sport, as evidenced by the diminishing grid size in MotoGP. With Moto2 boasting a healthy 40 bike grid, Dorna and IRTA believe they have found the secret recipe to making prototype racing work, and have applied that methodology to the new Moto3 class. Unsurprisingly then, the vast majority of Moto3’s technical regulations concern keeping costs down, especially when it comes to the series’ claiming-rule style engine & parts restrictions. It’s actually interesting to read the level of detail the GP Commission has gone through in order to head-off attempts to circumnavigate the spirit of the cheaper four-stroke series, though we might point out that water always finds its level. Check out the full Moto3 technical regulations after the jump.

Despite the criticisms from GP riders, the Indianapolis GP has been renewed on the MotoGP calendar through the 2014 season. With Dorna keen on having a larger US presence, and the Indianapolis Motor Speedway wanting to continue to host the premier classes of motorcycle racing, the biggest issue for the contract’s renewal (besides tarmac conditions), was the scheduling involved with IMS, Laguna Seca, and MotoGP.

Wanting to have the two US GP rounds back-to-back, Dorna faced two circuits with very inflexible summer schedules. Able to now schedule the Indianapolis GP for August 17th-19th in 2012, the Indy GP has effectively been moved a week earlier in the year, and will likely follow the Laguna Seca GP in 2012, with Brno to follow afterwards.

Nicky Hayden was at the Indianapolis Motor Speedway this weekend, checking out the newly repaved infield section on the historic American track. Testing the track on a Ducati Superbike 1198SP, Hayden took a number of laps before giving the nod that he approved of the refurbishment (the FIM also gave their nod on Indy’s work on July 7th). The repaving of the infield portion of the circuit, Turn 5 through Turn 16, comes as a response from riders’ complaints from last year.

With several varieties of pavement, a bevy of bumps, and some poorly placed drainage components, the Indianapolis GP has been a low-point on the MotoGP calendar for most of the MotoGP paddock the past few years, despite being held at an otherwise top-rate and historic venue. With Dorna likely pressuring Indianapolis into making alterations, the track probably faced compulsion to make changes to its infield, especially with the Circuit of Americas track currently being built in Austin.

Talk in the MotoGP paddock is that the Austin GP is now being aimed as less of a replacement for the Indianapolis GP, and instead will be a third stop in America for MotoGP, as Dorna wants to expand the premier class’s presence in the USA. With the 2011 Indianapolis GP just two and a half weeks away, all the GP riders will soon get to see the improvements at Indy, until then they’ll just have to take Nicky Hayden’s word on it. A brief Q&A with the Kentucky Kid and video of his laps and thoughts are after the jump.

The FIM’s preliminary report on the safety concerning the Twin Rings Circuit at Motegi was announced after the conclusion of the US GP at Laguna Seca this week, and confirming what many had already expected, the study concludes that it is safe for the MotoGP riders to go race at the upcoming Japanese GP. Showing that there were no health concerns from radiation in and around the Motegi circuit, Dorna has said it will formally announce its intention to hold the Japanese GP as planned, with its rescheduled time in early October.

Bear with us on this one, as it’s a bit convoluted. Bridgepoint Capital, a private equity firm based out of London, owns Spanish company Dorna Sports SL. Dorna, which as you might recall is the media rights holder and promoter for MotoGP, the motorcycle Grand Prix World Championship that we all know and love. Meanwhile World Superbike is owned in majority by Swiss company Infront Sports & Media, and in minority by the Italian-born Flammini brothers, with the latter group still handling WSBK’s media promotion.

Now according to reports, Infront Sports & Media is up for sale, and one of the three alleged bidders is Bridgepoint Capital (circle back to the second sentence in the first paragraph if you got lost on the way here). This means that potentially the twice-removed owner of MotoGP could potentially own a controlling stake in the Championship’s rival series: World Superbike. There are still a number of “if’s” in whether Bridgepoint will come through as a buyer on Infront Sports & Media, but ownership of both series by the same party, even at a removed distance is worth some general discussion.

Depending on whom you talk to in the MotoGP paddock, you might get a different impression on the state of the Japanese GP, set to be held at the Motegi Twin Rings circuit this coming October. As we are all aware, the tragic events sustained by the Japanese people after their country was hit by earthquake, tsunami, and then nuclear disaster have been on the minds of citizens around the world.

While Japan begins the process of rebuilding, the country still has to contend with the Fukushima plant, which continues to leak radiation. While MotoGP won’t make an official announcement about its plans to race in Japan until later this summer, the camps are clearly divided on whether the series should abstain (for a second year in a row) on visiting the island nation, or make the flyaway race to Motegi.

Bridgestone and MotoGP will go together like peas and carrots for another three years, as the premier racing class has extended the Japanese tire company’s exclusive tire agreement through the 2014 season. Today’s announcement also means that Bridgestone will be the single-tire supplier going into the new 1,000cc format starting next year. Supplying tires to MotoGP since 2002, as of today Bridgestone-clad riders have won 4 World Championship Titles, 70 Grand Prix victories, and 197 podiums in the premier class.

Rumors of an FIM e-Power and TTXGP merger have been quietly floating around for the past week, and before we could report on those whispers of the event, the Fédération Internationale de Motocyclisme has scooped us with the story that it has been holding conversations with the folks at TTXGP regarding the two series running joint events during the 2011 electric motorcycle season, with a possible final joint Championship to take place at the end of the year.

Sources close to the talks have told Asphalt & Rubber that a merger between the two series is imminent, with many of the stakeholders already signing-off on the deal. The likely outcome would be a series that lives on with the e-Power name, promoted by none other than Dorna Motor Sports, of MotoGP media fame. The FIM’s impetus seems to be in consolidating the two diverging series, and finally integrating them into established professional road racing.

Conversely, TTXGP will be able to find a financial exit from the rumored deal, something its investors will surely be happy to see. TTXGP has been able to piggyback off of local and club racing events, making deals with the tracks themselves, rather than the organizing bodies, in an effort to expand rapidly. While TTXGP has seen push-back from the Isle of Man TT, FIM, and AMA, the series has proven to be more adept at marketing itself than the FIM with its e-Power.

More on this as we get it, for now both parties are only admitting to the fact that they are talking about “collaborating” with one another. Joint statement from the FIM & TTXGP after the jump, along with their 2011 racing calendars.

While the world holds its breath and watches Japan contend with the aftermath from an earthquake, tsunami, and nuclear meltdown, MotoGP has decided to give the island nation less things to worry about, rescheduling the Japanese GP that was to be held at the Twin Rings circuit in Motegi, Japan on April 24th, to later in the year on October 2nd.

While Dorna publicly announced yesterday that it would abide by whatever decision Japan would make in regards to hosting MotoGP in April, the reality is that the area surround Motegi that typical hosts the teams was ravaged by the earthquake. Reports also indicate that the Twin Rings circuit has actually been damaged from the natural disaster, further solidifying the decision to postpone the race.