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The FIM and Infront Motorsports announced Wednesday the launch of its own European Junior Cup, a support series racing alongside the World Superbike series, for fourteen to seventeen year old riders. According to a press release from the FIM, “riders will compete on identical race prepared Kawasaki Ninja 250R motorcycles,” racing in the time between the two WSBK races at Assen, Monza, Aragon, Silverstone, Nurburgring, and Mangy-Cours.

Riders selected to compete will also attend a training camp before the season begins in Guadix, Spain. Riders will be eligible if they “have held a competition license for at least one year in either road racing, motocross, enduro, supermoto, trials or minimoto.”

File this one under stuff we couldn’t make up if we tried (although the fake press release would be awesome). Dorna Sports, media rights holder to our one and only MotoGP World Championship racing series, has been declared the “Best Spanish Business”…in Italy…by the Spanish Chamber of Commerce…in Italy…yeah it just got that weird.

Apparently the Spanish Chamber of Commerce, which operates in Italy and helps facilitate business operations between the two countries, has made it a habit to recognize Spanish businesses that have a substantial amount of their business in Italy, and promote the economies of both countries, which is great, if not slightly strange.

Announced last night at the L.A. Auto Show, Ducati and AMG (Mercedes-Benz’s tuning house) have formed a partnership between the two brands the will first manifest itself by having the German car tuner sponsoring the Italian company’s MotoGP team. Rumored for over a month now, this announcement finally puts to bed the speculation that Fiat would sponsor Ducati now that Valentino Rossi has joined the Rosso Corse team, and is also the first official sponsorship announcement for Ducati Corse’s 2011 season.

With Rossi healing his wounds back in Italy, Nicky Hayden was on hand for the event with a Ducati Diavel and Mercedes-Benz CLS 63 AMG on stage with him. Asked what he thought about the partnership, Hayden replied, “Well, if this is my company bike and this is my company car, I’d say I’m doing pretty well.” We’d tend to agree.

While Dani Pedrosa has been spared the surgeon’s knife for his broken collarbone, Valentino Rossi underwent his surgery this weekend for his injured shoulder, which will see the new Ducati rider out of action for 90 days. Rossi’s shoulder, which was a bigger factor in the 2010 season than the rider’s broken leg that saw him miss four races, was injured in April during a motocross cross-training accident, and plagued the Italian throughout the latter half of the 2010 season.

Surgeons at the Cervesi di Cattolica hospital preformed an arthroscopic procedure on Rossi’s supraspinatus tendon and glenoid ligament, encountering no complications in the procedure. Recovery times for this type of surgery typically last 12 weeks, which should mean that Rossi will be fit enough to test early next year at MotoGP’s second testing session.

After breaking his collarbone in Japan, Dani Pedrosa went through tremendous effort to return to MotoGP racing as soon as possible, and underwent surgery that installed a metal plate into his shoulder, allowing the Spaniard to swing a leg over his Honda RC212V at Phillip Island. While the daunting task of riding only two weeks after surgery proved too much for Pedrosa, the top Honda rider still took part in the Valencian and Portuguese GP’s, despite suffering from pain, a loss of strength, and numbness in his left arm.

Worried that the condition could be due to nerve damage, Pedrosa was faced with a potentially career-ending situation as he flew back to Spain last week to undergo tests. Fortunately for the Spanish rider, his condition appears to stem from inflammation around the nerves and in his collarbone, which are causing his symptoms. Doctors have advised Pedrosa to rest for four weeks, while he undergoes inflammation treatment, and then start his rehabilitation in December.

Valentino Rossi’s personal photographer Gigi Soldano was on hand for Rossi’s debut on the Ducati Desmosedici this week during the MotoGP test at Valencia. Granted unfettered access to what goes on behind-the-scenes in the Ducati garage, Soldano combined his magic behind the lens with the events that unfolded in front of him, and lucky for us, he shared them with the world on his blog today.

Australian Casey Stoner topped the time sheets today at Valencia, in MotoGP’s second and last test at the Spanish track for week. Although clearly adapting to the Honda RC212V quickly, Stoner was still unable to touch Jorge Lorenzo’s top testing time from yesterday, with the World Champion being five hundredths of a second faster than the Aussie. While Stoner and Lorenzo were busy dazzling the at the front of the time sheet, the majority everyone’s attention was trained on Valentino Rossi, who tested over a second and half behind Stoner, putting him nearly at the bottom of the scrap heap for the day.

While many Rossi fans were expecting the Italian to light up the Spanish track on his new Ducati, Rossi battled a front-end issue (different from the one Stoner experienced) that prevented him pushing the GP11 hard in the testing sessions. Testing only the Big Bang motor, and not the Screamer, it looks like Ducati will stick in that direction for the 2011 season, as Nicky Hayden tested both motors and preferred the Big Bang configuration. Valentino Rossi and Crew Chief Jeremy Burgess will likely be talking to Ducati the rest of the week about where the team should focus its resources in developing the GP11 further. Testing results after the jump.

Clad in only carbon fiber bodywork, Valentino Rossi made the mental switch from blue to red today, as he swung his leg over the Ducati Desmosedici for the first time — a moment Italy, and the whole of MotoGP have been waiting for the entire 2010 MotoGP season.

As such Rossi and his crew from Yamaha will not be wearing the Rosso Corsa just yet (the former Yamaha crew has instead elected to wear some very smart looking yellow sweaters), but Rossi’s yellow “46” did make it onto the bike for the testing session, which is about all the branding that Ducati & Rossi fans need to see at this point to get in a fervor.

Promoting his VR46 line, Rossi is wearing special one-off Dainese D-Air leathers, which like the D16, is all black with yellow accents, while his AGV helmet has a question mark set between the Italian’s sun & moon logo. We wouldn’t be surprised if a replica version of these became available later this year. Video, lap times, and photos after the jump.

In case you’ve been living under a rock for the past few months, tomorrow is the day that Valentino Rossi will officially leave Yamaha, and ride the Ducati Desmosedici GP11 for the first time. In 7 seasons Rossi won 4 Championships and 46 GP’s for the Japanese company, and helped turn the YZR-M1 from MotoGP dud, to the MotoGP stud in that timeframe.

Appropriately, former World Champion Valentino Rossi, along with Executive Officer of Engineering Operations Masao Furusawa and Managing Director of Yamaha Racing Lin Jarvis, have released statements about the past seven years, which shed a great deal of insight into the relationship between Yamaha and Rossi, and the impact that the Italian rider will leave behind on the Japanese company. Quotes and some photos after the jump.