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Ladies and gentlemen, we are in the thick of the MotoGP Silly Season, where the best rumors come to light the light of day. Some of the rumors are the tip of the iceberg of truth, while others are grounded in something more resembling idle speculation. Meanwhile, some silly rumors are just bona fide lies disguised as link bait and used to sell paper. It is all part of what we lovingly refer to as silly season, and this latest rumor definitely lives up to that nomenclature.

One of the latest musings to emerge from the Spanish press is the rumor that Valentino Rossi will be leaving Ducati Corse for a satellite Yamaha squad, which features a factory-spec bike sponsored by tobacco giant Marlboro. With the OEMs sticking to the four prototype bikes per manufacturer in MotoGP, and Monster Tech 3 Yamaha surely accounting for two of the Yamaha’s on the 2013 grid, the rumor would presumably mean a single-bike in the official Yamaha Racing factory team, and one in Rossi’s splinter faction.

According to Autocar, Audi is in the process of developing a two-wheeled vehicle, either a scooter or motorcycle, which is interesting news considering the recency of the company’s purchase of Ducati. Promised not to be a Ducati with an Audi badge, there are not many other details about the news, though intelligent conjecture would imagine the project is along the same vein as the BMW C600 scooter.

Automakers are currently obsessed with the “last mile” concept of people transportation, which foresees ultra-small cars, scooters, and other two-wheeled vehicles doing the bulk of urban transportation in the coming future.

Great tracks produce great racing, even in the MotoGP class, where the combination of fuel limits, extremely advanced electronics, and stiff Bridgestone tires mean that the way to win races is by being absolutely inch-perfect on every lap.

And Mugello is a great track, there is no doubt of that, despite the fact that the usual Mugello atmosphere had been muted by a combination of a dismal Italian economy and sky-high ticket prices at the circuit, the only way for the circuit to recoup some of the sanctioning fee it must pay Dorna to run the race.

The hillsides were very sparsely populated, perhaps in part a result of the total Spanish domination of qualifying, putting three Spaniards on the front row in MotoGP, and another two on the Moto3 and Moto2 poles as well.

It’s a good job that we are here in Mugello. Normally, at the end of three back-to-back race weekends, riders, team members and journalists are all just about ready to strangle each other – some paddock insiders have colorful tales of intra-team punch-ups, which they will tell if plied with a few drinks – but this is Mugello, the one weekend each season which everybody looks forward to.

There is something very special about the setting, the track, the weather, the location which mellows everyone out. Maybe it is the spectacularly located Tuscan villas most of the teams stay in for the weekend – there is nothing quite like taking a dip in a private pool as the sun goes down behind the beautiful hills of Tuscany to calm the spirits. But the truth is that everyone seems to wear a smile around the Mugello paddock, no matter what hardship they have suffered in the weeks before the weekend.

It is to be a special weekend, just as every race at Mugello is special. And it will be important too, with several big announcements already made, and more to come. The biggest – and least surprising – was the announcement that Dani Pedrosa and Marc Marquez will ride for the factory Repsol Honda team for the next two season. Both signings had been long expected, despite some rumors that Valentino Rossi would be moved into the Repsol team in Pedrosa’s place. HRC Vice President Shuhei Nakamoto explained to the press that the decision to sign Pedrosa had been because of the experience of the Spaniard. “A good rider with good experience,” is how Nakamoto described Pedrosa, saying that his signing was good for Honda.

And Honda was not Pedrosa’s only option. He had had other options on the table and been able to decide freely where he wanted to go, Pedrosa told Spanish media, the implication being that he had an offer from Yamaha, though Pedrosa refused to go into details. He had been a Honda rider throughout all of his career, Pedrosa said, and so to continue had been the best option.

UPDATE: The water-cooled 2013 Ducati Hypermotard has now been released by Ducati.

We have a sneaking suspicion that the 2013 Ducati Hypermotard 848 that has been spotted tramping about is going to be a very interesting motorcycle indeed; as from out perspective, Ducati seems set to consolidate the Hypermotard line into a single water-cooled model, while simultaneously offering a smaller-displacement multi-tasker that will slot in under the Ducati Multistrada 1200.

Our best view yet of the bike’s exhaust side comes from the folks at Moto Revue, as we see what looks to be a finalized exhaust can and a clear view of the HM848’s water-cooled Testastretta 11° motor. There has been tremendous confusion/controversy as to whether the spied machine is a new Hypermotard or Multistrada model, and the confusion is rightfully so, as the bike takes cues from both machines.

At Mugello, a large number of pieces in MotoGP’s Silly Season are expected to fall into place. The long-expected announcement of the Repsol Honda team will be made on Thursday, according to Catalunya Radio, with Marc Marquez taking his place alongside Dani Pedrosa, who has inked a two-year extension with HRC. Pedrosa acknowledged at the Sachsenring that there were only details left to clear up, and after winning Germany, the Spaniard appears to have cleared the final hurdles to a new deal.

Mugello also looks like being the deadline for Cal Crutchlow. The 26-year-old Coventry man has offers of two-year deals from both the Ducati Corse team and his current Monster Tech 3 Yamaha team. What Crutchlow would really like is a seat at the factory Yamaha team, but with that seat probably unavailable – either being held open for a possible return to the fold of Valentino Rossi, or else retaining current rider Ben Spies – Crutchlow is instead likely to accept Ducati’s offer of a factory ride, believing that factory equipment is his only chance of winning races and a Championship. According to British motorcycling journal MCN, Crutchlow has been given until Mugello to make up his mind.

It remains to be seen how the high-reving Superquadro motor will fit into Ducati’s “one-motor-fits-all” strategy, but the speculation is already becoming rife about a supersport version of the Ducati 1199 Panigale, and of course a streetfighter version as well.

With the Panigale’s engine being an integral part of the superbike’s design, there is a definite challenge for Ducati’s design team in making the Emperor of the Sport Bike Kingdom look good naked. Until we see what Borgo Panigale can conjure up, we are lucky to have weekend couch jockey’s on the Ducati.ms forum who happen to have incredible photoshoping skills.

The final rubber stamp of approval to Audi AG’s acquisition of Ducati Motor Holding, the European Commission has cleared the transaction of any antitrust red tape. A deal that was over a year in the making, the German automaker bought the Italian motorcycle company for a cool €860 million, including debt. Positioning Audi, and its parent-company Volkswagen, to take-on the likes of the BMW Group, the deal was met with mixed-emotions in the automotive and motorcycling communities during its announcement.

We could write a long list of what those involved in the Valentino Rossi-Ducati partnership have lost. Money, reputation, time, all have been lost in large quantities and on behalf of some of the most important people in motorbike racing. Smaller losses of various kinds have been incurred by many more people whose livelihoods are tied to Rossi’s success. But a huge number of people have lost something intangible but nonetheless important because of the inability of Rossi and Ducati to produce a winning package.

As fans of motorsport, we have been fortunate to be present to watch and participate in, even if only as spectators, the career of a truly remarkable sportsman. World Champions gain entry into an elite club, but multiple World Champions whose careers span many years, formulas, and sets of rules, are rare indeed. And among those few individuals, the even rarer sort who not only win and win and win on the track but also inspire millions of fans across boundaries of nationality, gender, brand loyalty, and so on are even more remarkable.

Rossi is one of those supremely rare people, and he holds that distinction regardless of having his detractors. Whatever a minority chooses to feel about him, he has accomplished more as a motorcycle racer than anyone since Agostini, and in some ways he has accomplished much more. One of those ways is in his ability to charm millions of people via his skills in the media.

Agostini raced before the internet, before today’s massive TV audiences, and simply didn’t have the opportunity to reach as many people as Rossi has. Those many people who were attracted to motorcycle racing because first they felt an attraction to Valentino Rossi have lost something since his switch to Ducati. They have not felt much of the joy that his style and success thrived on during the Honda and Yamaha years.

There is a danger to thinking any championship is a foregone conclusion, especially this early in the season. Just as there is a danger to thinking that a race will pan out the way you thought it would after practice and qualifying. At Assen, everyone was afraid of three things: the weather, Jorge Lorenzo, and Pol Espargaro. All three turned out differently than expected.

Best of all was the weather. After treacherous conditions on Friday, with rain falling, stopping, wetting the track just enough for Casey Stoner to bang himself up badly in the morning, though that did not stop him from blasting to pole, Saturday dawned bright and only got better: the big skies of flat-as-a-board Drenthe were mainly blue, with the occasional sighting of fluffy white clouds to provide a little cover and prevent egregious sunburn. But best of all, it stayed dry: no complications, just sunny, dry and calm weather.

Neither Lorenzo nor Esparagaro would prove too pose much of a threat either, Lorenzo through no fault of his own, but Espargaro would need no outside help in taking himself out of the equation. The crashes of Lorenzo and Espargaro – Lorenzo taken out by a boneheaded move from Alvaro Bautista, for which the Gresini Honda man will have to start from the back of the grid at the Sachsenring, Espargaro crashing on a bump at the Ruskenhoek – put an end to the domination of the two men in the MotoGP and Moto2 classes.

Espargaro had blasted every sessions of free practice, and only a blistering lap from Marc Marquez had denied the HP Pons rider pole. Lorenzo’s domination had been more subtle, his race pace clearly several tenths better than anyone else, though others on soft tires occasionally bettered the Spaniard during practice and qualifying.

Putting a nice feather in Gabriele Del Torchio’s cap, 2011 was the best sales year ever for Ducati. The product of several years in the making, Ducati has transitioned from a sport bike based company, to a brand that encompasses a variety of diverse biking genres. The transition began with the Ducati Hypermotard, continued with the Ducati Multistrada 1200, and culminated with the Ducati Diavel. Bringing the brand back to its roots, the Italian company released the sellout Ducati 1199 Panigale this year.

All of this positioning has taken Ducati from its traditionally precarious market position to one of not only reasonable stability, but also one that has proven to be lucrative enough to attract an acquisition from German automaker Audi. With a record number of machines leaving the doors of the Borgo Panigale factory, and Ducati’s cash finally flowing in the right direction, Del Torchio had plenty to wax on about at the World Ducati Week 2012 event. Giving some oratory high-fives at the massive Ducatisti gather, Ducati’s record year and transformation by the numbers is outlined after the jump.