UPDATE: GPOne.com (probably the most reliable source in the Italian Media) has gotten word from Livio Suppo that “no one has signed anything yet”, which probably confirms that Stoner is talking to HRC, but obviously hasn’t made his mind up about anything.

Silly season is officially underway starting today as the Italian press is full of accounts (all penning their source as being from Sportmediaset) that Casey Stoner has signed with the Repsol Honda MotoGP team, with a sub-headline that Valentino Rossi has been offered a two-year contract with Ducati. Sportmediaset cites the deciding reason for Stoner jumping ship as being the Australian rider’s disappointment in how Ducati backed him during his mysterious illness last year.

Despite headlining Stoner’s move, the bulk of their article concerns Rossi’s switch to Ducati, which may be a tip-off on the validity of the news, as the Italian press loves to pair the two marquee names together. We wade through the silly season possibilities further after the jump.