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Portimao (Portugal), has been added to the World Superbike Championship testing schedule. The testing sessions will be held from January 23rd until January 25th. All Superbike and Supersport teams, factory and privateers alike, will travel to the new circuit for their first time out on the newly added circuit to WSBK racing. With the first race at Phillip Island only a month after the testing, teams will have only a short amount of time to dissect their information and come up with a winning bike setup.

The MotoGP World Championship begins its customary winter testing ban period today. From now until January 21, 2009 there will be a complete embargo of on-track testing. During this period time period, team riders are not permitted to ride their respective bikes in preparation for the upcoming season.

During the seven-week break constructors will continue developmental work, whilst riders will use the free time for training, recuperation, surgical procedures, and stealing each other’s crew chiefs. The first test for MotoGP after the ban is lifted is set for February 5th through 7th, at the MotoGP Official Test in Sepang.

Source: MotoGP

Investment banks and America as a whole aren’t the only places feeling the economic crunch. MotoGP teams have budgets too. And in order to cut costs, about $100,000 per test day, teams will be reducing their non-European test sessions. Accordingly, the The 2008/2009 testing schedule will be the following:

November 26 -27 Jerez Spain
February 5-7 Sepang Malyasia
March 5-7 Losail Qatar Night test
March 28-29 Jerez Spain Official IRTA test

December 1st to January 20th will be a winter test ban where no teams are allowed to do any testing. Phillip Island has been taken off the testing calendar, and Malaysia will only host one test instead of the two that were originally scheduled. Testing days after GP races will also be sized down, and no testing will occur the Monday after Sunday racing at Jerez, Barcellona, Mugello, Brno, and either Hungary or Estoril.

Source: GPone

Congress is of course considering an Economic bailout for all the teams, only time will tell if it goes through, or if it just becomes a stimulus package.