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More sad news from MotoGP this weekend, as we have recieved word that Shoya Tomizawa died today during a tragic accident in the Moto2 race at the San Marino GP. Entangling with riders Scott Redding and Alex de Angelis, Tomizawa sustained massive injuries to his chest and back, and later succumbed to those injuries at the hospital in Riccione. Tomizawa was in fourth, battling with the lead group, when he crashed during the 12th lap of the race.

Struck by de Angelis’ bike, Tomizawa was rushed to the hospital via ambulance, where he was pronounced dead shortly thereafter. The incident was felt by the entire MotoGP paddock, where riders are still recovering from the loss of Peter Lenz, the 13 year-old USGPRU rider who died at Indianpolis last weekend during the Indianapolis GP, who was memorialized before the start of the 125 GP race.

UPDATE: The deal is now done, with Harley-Davidson issuing a press release.

Expected to be closed within hours, Harley-Davidson is on the verge of selling MV Agusta to Claudio Castiglioni. Castiglioni was able to leverage the purchase of MV Agusta by using the funds that would have been generated by his stock buy-out, which is rumored to be between €20 – €30 million. Castiglioni is today’s big winner in the deal, as the Italian is basically buying back the company he sold to Harley-Davidson for pennies on the dollar, while Harley-Davidson is left holding the tab on a hefty purchase price and cash infusion into the Italian company.

World Superbike hits Italy again this season, with WSBK stopping at Misano for its racing action. Sunday’s race should be a good one as there was a surprise result in Saturday’s Superpole qualifying event. Mixing it up on the front row is a glimpse of faces of old, some newcomers, and the usual suspects, which could sort itself out very interestingly in Sunday’s races. Find the full results after the jump.

Valentino Rossi has had a horrific crash today during practice at the Italian GP at Mugello. Highsiding in Turn 13, Rossi has sustained a compound fracture to his right shin. He was flown by helicopter from the circuit to Centro Traumatologico Ortopedico in Florence where he underwent surgery on his leg. The surgery was successful in repairing the fractured bone, and Rossi is expected to be in the hospital for the next seven to ten days, and likely not to return to racing for at least six weeks. Video of the crash after the jump.

Catching the nastiest crash to come out of Race 2 from World Superbike at Monza, Italy this weekend, one spectator has posted this YouTube clip of the crash that took out three riders. With one rider heading to the hospital as a precaution, another seeing his second race crash for the weekend, and the last rider crashing too often this season, it’s safe to say no one involved wanted this result for Race 2.

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No one doubts that Johnny Rea is a talented rider. Unfortunately for the Brit, this weekend at Monza wasn’t the best outing for him, nor his Honda CBR1000RR. Rea, always putting his best foot forward, still pandered to the crowd, and made his CBR disappear in this great magic trick that boggles the mind. The trick was so good, even Rea thought the bike had disappeared. Look closely and you’ll see the sleight of hand at work.

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With strong showings by familiar and unfamiliar faces this season, Race 2 at Monza proved to have some excitement up its sleeve. This anticipation proved to be worth it, as crashes took out victory hopefuls, leading to a comfortable finish for one rider, and nail biter for another. With a surprise podium in the mix, there’s a team still partying in Italy as we speak. Find out why after the jump.

World Superbike racing was back again this weekend with a stop in Monza, Italy. The Italian circuit played host to a very fast group of riders, which helped shed the course’s former lap record and top speed with little effort. With Max Biaggi and his Aprilia RSV4 at the top of the heap, all eyes were on them for a hometown victory. Check after the jump to see how Biaggi et al fared, and for the full race results.

Max Biaggi took his first career Superpole today (as well as Aprilia’s first Superpole), at his home track of Monza no less. As if that wasn’t enough for the Italian rider and his Italian team, Biaggi also set the fastest top speed for the track on a superbike (205 mph), as well as a lap record (1’42.121).

Superpole however wasn’t as kind to the other Italian manufacturer, with only Michel Fabrizio making it into the third Superpole round. Fabrizio finished 3rd for the day, but his teammate, Norikuki Haga, finished at the bottom of Superpole 2 in 16th position.

With Ruben Xaus finishing 6th in the Superpole, six different manufacturers will make up the top six riders on the starting grid come Sunday, which should make the races exciting for any fan. Check the full Superpole results after the jump.

It was Suzuki who drew first blood, breaking the 200mph barrier at Monza, but it was Max Biaggi who set the bar the highest today during World Superbike FP1 practice. Clocking 203.21 mph (nearly 327 kph) down the straight, Biaggi broke the WSBK top speed record, but still fell short of the all-time superbike record, which was also set at Monza, and also by an Aprilia.

Last week, Fabrizio Pellizzon clocked 203.4 mph on his CIV spec’d Aprilia RSV4. Either way you look at it, the Alitalia Aprilia team is sure to be a force in Italy this week.

Italian newspaper Il Sol 24 Ore is reporting more rumors about MV Agusta divesture and the company’s possible suitors. As we’ve reported already, there’s been some speculation that Paolo Berlusconi might be interested in the Italian brand, but he’s also been linked to another Italian company looking for a home. Now coming out of the woodwork are some new names, with links to Ducati & MV Agusta.