It is hard to keep secrets in the MotoGP paddock (though not impossible, as Jorge Lorenzo’s move to Repsol Honda conclusively proves). One of the worst kept secrets has been the news that the Sepang International Circuit, or SIC, is to expand its current operation to include a MotoGP team.

Over the months since rumors first started circulating, that Sepang was interested in running a MotoGP team, details have slowly dripped out, until we now have an almost complete picture. The whole picture is to be formally announced at Silverstone, at a press conference at 6pm BST on Friday.

Here’s what we already know: the team is to be an extension of the current Petronas Sprinta Racing team, which currently runs Adam Norrodin and Ayumi Sasaki in Moto3, and Niki Tuuli in Moto2.

The Petronas SIC Yamaha team, as it will almost certainly be called, will be the showcase team for the Petronas-backed structure run by the Sepang International Circuit.

The objective is to have two riders in each of the three Grand Prix classes, from Moto3 to MotoGP, as well as a team in the FIM CEV Junior World Moto3 Championship.