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Considering it is August here in Indiana, MotoGP has had pretty much perfect weather for the 2012 Red Bull Indianapolis GP thus far, with only a brief rainstrom hitting the track late Thursday afternoon and into the evening. With perfect conditions for Saturday, qualifying proved to be an eventful day for all the classes, as a number of riders had crashes that warranted the red flag coming out at the American circuit.

With riders continuing to complain not only of the three different types of asphalt at Indianapolis Motor Speedway, but now also about the fine dirt on the course, the issue of whether IMS is safe for MotoGP has been raised with the six red flags that were out in the four qualifying motorcycle sessions held today. Though no one hit any obstacles or walls, with three riders questionable for competing in Sunday’s MotoGP class race, it is not a stretch of the truth to say that the Indy GP will be challenging.

So what are we to make of Valentino Rossi’s not-so-shocking decision to leave Ducati and go back to Yamaha? The initial reaction from fans and media was that the biggest losers from the move are Ducati as a manufacturer, and Rossi’s reputation as miracle worker when it comes to bike development. There is some merit in both those arguments, but perhaps it is not quite so clear cut as that. Rossi’s two years at Ducati have done a lot of damage to both parties – as well as to MotoGP’s popularity and TV income – but in the end, this move could have some very positive long-term repercussions.

Talking to journalists for the first time since the announcements that he would be leaving Ducati and joining Yamaha, Valentino Rossi provided some interesting insights today at the Indianapolis GP pre-even press conference, which showed his reasoning for the switch in teams, as well as how Rossi views his future in MotoGP. Perhaps the most interesting remark from The Doctor was his own questioning of his alien status, saying that he no longer knew whether he was a top rider in the sport.

Beyond the opportunity to question Rossi over his decision to move back to Yamaha, there was ample build-up, by both fans and journalists. The build-up of course pertained to seeing Casey Stoner and Valentino Rossi in the same room with each other, as highly critical statements by Stoner were made this week in the media over Rossi’s tenure at Ducati. Putting the kibosh on the expected fight between the two riders, Stoner made it clear that the article in question was a composite of statements he has said in the press over the pass one and a half years, and that he made none of those statements in the past week.

Another interesting point included Rossi conceding that rival Jorge Lorenzo would be the #1 rider in the factory Yamaha team, though Lorenzo admitted later in the press conference that the distinction carried little weight when it came to parts and development, as Yamaha supplied riders equally within the team. Unwilling to talk money figures with his contract, Rossi would also not speculate on whether he and Lorenzo would share the same livery, i.e. sponsors, for next season.

With the atmosphere in the room palpable, Rossi fans will be interested in hearing The Doctor talk about his career with new uncertainty, and dwell on the possibility that the best of his motorcycle racing years might be behind him. A selected portion of the press conference transcript is after the jump.

Late last week, Indianapolis Motor Speedway held a teleconference with MotoGP riders Colin Edwards and Nicky Hayden, helping gear us up for this coming weekend’s Indianapolis GP. We couldn’t make the call, since I was busy freezing my ass off on some mountain in Colorado, but the good folks at IMS were kind enough to transcribe the interview, and share it with us.

With the teleconference taking place just before the announcement that Valentino Rossi would be leaving Ducati at the end of the season, and joining Jorge Lorenzo at Yamaha, Hayden had to field a couple questions regarding the 2012 MotoGP Silly Season and his teammate for next year.  Of course, Hayden also fielded questions about Audi’s Lamborghini’s acquisition of Ducati, and how that would affect Ducati Corse’s MotoGP efforts.

The interview sheds some good insight into what is happening with Colin Edwards at the NGM Forward Racing team, which has struggled with its BMW/Suter CRT package all season. Forward Racing is expected to make a switch to an Aprilia ART bike at Indy, which so far has been the most competent CRT package on the 2012 grid, and the topic the CRTs vs the Prototypes is one Edwards talks about at length. Perhaps most interesting is Edwards’ take on the American road racing landscape, and the geopolitical issues within the MotoGP paddock.

Continue after the jump for the full transcript of the Indianapolis Motor Speedway teleconference.

As we mentioned last week, Andrea Dovizioso agreed to take the factory Ducati seat vacated by Rossi’s departure for Yamaha. His signature, it appears, was subject to certain conditions, though. According to reports in the Italian media, Dovizioso demanded guarantees of support and development from Audi before putting pen to paper.

Italian TV station Mediaset is now reporting that Dovizioso has now received those guarantees, and has signed a two-year deal to ride for Ducati in 2013 and 2014. Ducati’s choosing Dovizioso over Cal Crutchlow – Dovizioso’s British partner at the Tech 3 squad had earlier been offered the ride at Ducati – is an indication of the the future direction of the Bologna factory.

The deal appears to signal that Ducati has accepted that they need to focus their development on building a bike to suit a traditional Grand Prix style, as displayed by the Italian. It is perhaps a signal to Ducati’s new owners Audi that they understand the magnitude of the problem, and that the loss of Valentino Rossi is being taken very seriously indeed.

After official confirmation from Ducati that Valentino Rossi would be leaving at the end of the season, now comes the official press release from Yamaha, announcing he has been signed to a two-year deal to race for them in 2013 and 2014.

The Italian will line up alongside Jorge Lorenzo for the next two years, and the press release makes their goal very obvious: winning the triple crown of rider, manufacturer and team championships. The press release from Yamaha can be found after the jump.

Valentino Rossi’s imminent return to Yamaha – to be announced on Friday morning, Yamaha and Ducati having been forced to move the schedule forward once news of the switch leaked – will accelerate the final movements in MotoGP’s silly season, with the remaining open grid slots on prototype machines likely to be filled in very short order once the Rossi announcement has been made. Rossi’s return to Yamaha will be heralded much as his departure for fresher pastures at Ducati was, only this time the roles will be reversed.

First, Ducati will issue a release thanking Valentino Rossi for his time with the factory, and shortly after – minutes, rather than hours, – Yamaha will issue a press release welcoming Rossi back to the fold. The difference, perhaps, is that this time a love letter such as the one Rossi wrote to Yamaha after he left in the middle of 2010 is unlikely to be forthcoming.

With Rossi at Yamaha, that leaves five prototype seats still open: The factory Ducati left vacant by Rossi’s switch to Yamaha; the as-yet unfilled second Monster Tech 3 Yamaha seat (the first seat is for Bradley Smith, who will be moving up from Moto2 as provided for in the contract he signed with Herve Poncharal in the middle of last season); the San Carlo Gresini Honda bike currently being ridden by Alvaro Bautista; and the Ducati junior team seats, in a yet-to-be-decided structure with one or more yet-to-be-selected teams. So who will be filling those seats? And where does that leave the riders left standing once the music stops?

Valentino Rossi had just come off a relative high from Mugello having finished fifth at the Italian GP and less than twelve seconds behind race winner Jorge Lorenzo. Toss in the [admittedly somewhat cryptic] “let’s stick together” theme of his helmet and the seemingly positive talks with Audi, it appeared that the Italian legend just might be happy with where he was at Ducati Corse.

Fast-forward to the Thursday at Laguna Seca, where the pre-race press conference had just ended, the riders had all scattered about the room to answer additional questions. The small band of journalists crowded around Valentino were mostly speaking in Italian so I wasn’t able to understand much of what was being talked about but the number 46 was indeed mostly smiles, which I attempted to capture in my press room photos.

It is a bit of a risk, announcing that Valentino Rossi will be switching to Yamaha just a couple of days after getting caught out by a hacked Twitter and email account. This time, though, confirmation is coming from multiple sourcesincluding our own. Rossi will be leaving Ducati for Yamaha at the end of this season, with an official press release expected from Yamaha on the morning of August 15th, the Italian national holiday of Ferragosto, and the day before the paddock assembles at the Indianapolis Motor Speedway for the Red Bull Indianapolis GP.

The story we published yesterday about Valentino Rossi having been spotted at Yamaha’s European headquarters by former racer Niall Mackenzie turns out to have been incorrect. We, along with the French publication Moto Journal and the German-language magazine Speedweek were victims of a hoax. A Frenchman, speaking perfect English, had compromised the Twitter account of Niall Mackenzie and linked his own email address to it, so that the attempts we made to verify the news led to a single, incorrect source. The person having compromised the account  later confessed to one of the journalists involved in researching the story that it had been a hoax, and apologized for the inconvenience he had caused.

Signs that the story was factually incorrect had come out earlier. Valentino Rossi’s manager Davide Brivio posted a denial on his Twitter page late last night, saying “for sure he didn’t visit Yamaha HQ – he is on holiday!”