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The Honda RC212Vs are fast this year, there’s no denying the point. The top four overall testing times at the second Sepang test were each slotted to one of the four factory Honda riders. The Japanese company is hungry for another World Championship in the premier class, something it hasn’t seen since Nicky Hayden took the honor in 2006, and its fielding of three very capable riders in the Repsol Honda squad is just one of the measures Honda is willing to go to in order to better its chances for victory.

While all of the 2011 MotoGP race bikes are basically improvements upon the 2010 designs, Honda has spent the long winter months developing technology that will trickle down through the coming seasons, as MotoGP heads back to a 1,000cc format.

Accused of developing and using a dual-clutch transmission (DCT) by the Italian press, Honda has come under scrutiny for using a technology that is banned in GP racing. While it’s true that Honda was the first to develop a DCT for a production motorcycle (the VFR1200F), the Japanese company has come clean in order to dispel any rumors that it is cheating in the pinnacle of motorcycle racing. While not using a DCT, Honda says it has developed a new transmission that is in compliance with MotoGP regulations, and produces extremely quick gear changes, like a dual-clutch transmission.

“Veni, Vidi, Vici” might as well be stenciled on the four factory Honda RC212V race bikes of Stoner, Pedrosa, Dovizioso, and Simoncelli, as the foursome has dominated the Malaysian track over the past three days of MotoGP testing. Casey Stoner takes the top prize though, climbing once again to the top of the time sheets, with Dani Pedrosa right behind him as the only other man to crack under the two minute barrier at Sepang. While these results aren’t too surprising to those following the off-season closely, the time sheets speak an interesting story for the rest of the field.

The Top 13 riders are clumped by manufacturer, and who leads each group is a bit surprising. Ben Spies bested teammate Jorge Lorenzo, who also found himself behind Colin Edwards from the satellite Monster Yamaha Tech3 squad. In the Ducati camp, it was Hector Barbera who had the fastest time, ahead of Hayden and Rossi who both shared a best lap of 2:01.469 in Day Three. Even Alvaro Bautista’s Suzuki made a surprisingly quick journey around the track at Sepang, as the Spanish rider was 8th fastest overall for the day.

Honda has finally given us an unshaded photo of its 250cc four-stroke Moto3 race bike, dubbed the Honda NSF250R. Despite the clearer view, there are no real surprises here (this actually looks like the same photo as used before, sans photoshopping), as the majority of the bike is still covered by the primer-painted fairing. Honda says the new NSF250R is designed to be like the RS125R it replaces: high-performaning, lightweight, and compact. This should make the switch from two to four-strokes easier for young riders, and limit the need to adjust riding styles for the new machine.

Repsol Honda made its 2011 MotoGP season debut today, showing off its three-man team of Dani Pedrosa, Casey Stoner, and Andrea Dovizioso, along with the 2011 Honda RC212V, which will compete against the Yamaha YZR-M1 and Ducati Desmosedici GP11. An oddity in the GP paddock, HRC will field the three riders under one roof, having wooed Stoner away from Ducati after the Australian rider and Italian team had spilled bad blood in the 2009 season.

While Stoner was originally supposed to have his own team, presumably under the Red Bull banner, Repsol finally stepped up to the plate with its pocketbook when the Red Bull deal failed to materialize. Having three top riders in one team left some doubts as to how Honda was going to manage its talented rider pool, and a cursory look at the different machines that each rider will field sheds some light on the subject.

Perhaps as a belated holiday treat, Honda has finally seen it fit to give a better glimpse of its HRC NRS 250 Moto3 contender. With a few quick cuts and some blurry shots, HRC isn’t completely giving away the 250cc single-cylinder GP bike, but the footage does give us a better idea of what the final shape of the Honda will look like, and perhaps more importantly what it will sound like. If you’re a four-stroke fan, you’ll love the video after the jump…two-stroke fanatics, probably not as much.

Jonathan Rea will get a chance to swing a leg over a MotoGP bike for the first time later this week, as HRC is conducting a MotoGP test at Sepang. With MotoGP riders forbidden to turn a wheel on a GP bike until the February tests, Rea will get the nod instead as Honda tries to further develop the RC212V race platform. For Rea it’s a big moment, as the Ulsterman was supposed to get a wildcard ride at Donington Park back in 2007, but had to cancel because of his schedule with British Superbike and the Suzuka 8 Hours. Rea was also on Hervé Poncharal’s short-list of replacements for Ben Spies earlier this season, but got passed over when the Monster Yamaha Tech3 team chose Cal Crutchlow instead.

After declaring its intention to field a three-man team in the 2011 MotoGP season with riders Dani Pedrosa, Andrea Dovizioso, and Casey Stoner, HRC went immediately into circles about how it would pull-off such an arrangement when the money to finance a larger factory squad did not materialize. Exploring avenues that would see a second, single-bike, factory team (rumored to be sponsored by Red Bull) centered around Andrea Dovizioso, Honda also tried to stick the Italian rider inside the Gresini Honda satellite squad (with the promise of factory support), but both efforts came to no avail.

With Dovizioso holding his ground, and Honda bound by a contract, questions regarding how the Japanese manufacture would handle its predicament were a common source of conjecture in the MotoGP paddock. This speculation has finally come to a conclusion though, as HRC has announced it has secured Andrea Dovizioso in the factory team for 2011, which will will continue to be sponsored by Repsol Honda.

Reigning Moto2 World Champion Toni Elias will return to the big show for the 2011 season, as the Spanish rider has secured a contract with the LCR Honda satellite team. Elias has been on fire this season in Moto2, easily establishing himself as the dominate rider in the class. Looking to secure Moto2 as the feeder series for MotoGP, Dorna is rumored to have helped secure Elias’s return to premiere racing, after he lost his ride in the San Carlo Gresini Honda squad in 2009.

It’s a bit of irony that Casey Stoner was the first MotoGP alien to to make his move in the 2010 silly season, yet is the last MotoGP alien whose fate we know completely. Signing with Honda it was assumed that Stoner would be a part of a three-man team within Repsol Honda, with HRC saying as much during its press announcement with the Australian rider. When the budget necessary to field a three-man team failed to materialize from Repsol, HRC began looking for other options, with the most prominent being a single-man team (likely with Casey Stoner), possibly sponsored by Red Bull. Unable to get the energy drink company to foot the bill, HRC then turned to satellite squad Gresini, where Marco Simoncelli, another HRC contracted rider, currently resides.

Andrea Dovizioso seemingly drew the short-straw in that arrangement, with HRC pressuring the Italian to move into Gresini with the promise of factory support being made for both riders. Dovizioso is reported as having a performance clause in his contract that guarantees him a seat in a factory team should he meet certain criteria. With Dovi honoring his end of the agreement, he looked to HRC to honor its side of the contract, and a Honda Gresini ride is not what the Italian had in mind. Making matters worse is HRC’s history of not honoring support agreements to riders once they leave the folds of the factory team. As such Dovizioso held his ground, and rightfully so.

With the 2011 season likely to see four factory-backed Honda riders, something had to give, and that something seems to be Repsol Honda. According to MotoWorld, Repsol Honda agreed at the Australian GP to up its MotoGP funding from €10 million to €15 million, and support a three-man Repsol Honda factory team. With Stoner, Pedrosa, and Dovizioso tucked away under one tent for the 2011 season, and Marco Simoncelli staying in Gresini Honda, that leaves a vacancy in the quasi-satellite team that will surely be filled by Hiroshi Aoyama.

Repsol Honda fans were delighted to hear that Dani Pedrosa would return to MotoGP racing for the Australian GP at Phillip Island this weekend, but the good news was short-lived, as today the Spanish rider has decided not to race on Sunday. Participating in both Saturday sessions, Pedrosa could only muster a 15th place position for the MotoGP race grid, battling with the pain from his broken collarbone.

Realizing that his return to racing since his injury two weeks ago at Motegi was too much too soon, Pedrosa has obviously been battling too fresh of an injury, and was unable to meaningfully compete at the GP level. Accordingly the Repsol Honda squad has announced the mutual decision that Pedrosa will not race at Phillip Island, and instead pegs the Spaniard’s return to occur at Estoril for the Portuguese GP in two weeks.

Just a couple weeks after fracturing his collarbone in three places at Motegi, Dani Pedrosa will once again take to his Honda RC212V, as the Spanish rider has indicated he will take part in Friday’s FP1 in Australia. Taking the Malaysian GP off in order to heal his shoulder, Pedrosa may no longer be in the running for the MotoGP Championship, but he’s shown strong improvements on the Honda RC212V the past few races, a trend he’ll be keen to continue through the rest of the season as he fights for second place in the standings.