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If you have a modified track-only motorcycle, then we have some news to share that you will enjoy, as the Environmental Protection Agency (EPA) has withdrawn proposed language that would have specifically given it the ability to regulate the emissions of production vehicles that were being used at track days or similar events.

The proposed rule caused quite a storm in automotive enthusiast circles, as it would have affected racing and recreational uses of products that have been sold under “race use only” provisions for years. Of course, the larger issue at stake here was the continued selling of race parts to street enthusiasts.

Still, since it is hard to find a motorcycle on the road these days that hasn’t seen its emissions equipment modified, it doesn’t surprise us to see the backlash coming from the motorcycling community.

Interesting things are afoot with the Environmental Protection Agency (EPA), as the governmental body is seemingly under the impression that it can regulate the modification of racing vehicles that were originally made for on-road use. As such, the EPA is looking to update legal language to solidify that opinion.

If granted, this would mean that any production-based racing series, both cars and motorcycles, would be subject to EPA emissions regulations, and as such aftermarket modification to those machines would be greatly reduced.

In essence, that sport bike that you take to the race track, whether or not it ever spins a wheel on the road, could be deemed illegal if you modify it from its EPA-certified form, i.e. add an exhaust, intake, etc. Needless to say, this is causing quite the stir.

Lightning Motorcycles is getting set to offer a street-legal version of its electric race bike. Featuring the same 240+ hp Remy motor as the racing stead, Lightning will have two battery packs available for street-riders: 12kWh & 14kWh — while the team continues to develop the 22kWh pack it unsuccessfully campaigned at the Isle of Man TT.

Basically the Lightning’s electric race bike with lights, signals, and new fairings, we have yet to see the new bodywork from Lightning, but if it looks anything like the concept sketch from Glynn Kerr Design (of Fischer, Boxer,  & Mondial fame), it should be quite stunning — as is the $38,000 price tag.

One of our favorite bikes to debut last year, the Vyrus 986 M2 continues to be developed by the small Italian firm, and pictures of the 600cc, omega-framed, hub-center steered motorcycle have been uploaded to the Vyrus Facebook profile page, and show the Moto2 hopeful in its street-legal form.

Breaking cover back in January 2011, Vyrus had hopes of racing the 986 M2 in the Moto2 Championship, as well as selling a street and kit version of the motorcycle to consumers. At €25,000 ready to roll (€50,000 for the race version), the street-going Vyrus 986 M2 might be one of the most expensive supersport-class motorcycles on the market, but honestly, wouldn’t you want to own one these bay boys instead of a comparably-priced liter-bike? We know we would.

To be filed under the heading: “right place, right time,” I had the good fortune of catching Mission Motors’ Mission R out on the streets yesterday, as one of the San Franciscan company’s engineers took the bike out while doing errands at the SF Dainese Store. Stopping by the store myself to show off the Zero S that’s been camping in my living room for the last two weeks, I quickly found my thunder stolen by Mission’s two-wheeled masterpiece.

Of course, any opportunity to see the Mission R is a treat, as the electric superbike is not only a delicious dish in person, but it also happens to have no problem doing supersport lap times at Laguna Seca when Steve Rapp is on-board. However, what made this sighting of the Mission R extra special was the fact that Mission Motors has outfitted the Mission R with a headlight, mirror, and most importantly, a California license plate.

Other choice pieces include an Android-powered Samsung tablet that fills in as the Mission R’s digital dash, which is sure to tickle the fancy of our geekier readers. If you are an SF native, keep an eye out for the Mission R on the city streets, the rider you see might be a Mission Motors engineer, a Hollywood celebrity (we hear Ryan Reynolds has been jonesing for a Mission R like something fierce), or a Fortune 500 executive.

With the NCR Leggera 1200 Special, Ducati tuner NCR is setting two firsts with its titanium clad Hypermotard. Known for making gorgeous work out of already gorgeous motorcycles (NCR Corse Millona One Shot anyone?), none of LCR’s prior creations are destined for a life of street use, and come absent of any lights, mirrors, etc. However, the NCR Leggera 1200 Special is the first NCR that comes out of the crate street legal, and oh…it’s also the lightest Hypermotard in existence, dropping 125 lbs off the stock Ducati Hypermotard…it’s not bad looking either.