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There’s no doubt that Valentino Rossi’s injury at Mugello not only left a hole at Fiat-Yamaha garage, but also created a noticeable void for MotoGP racing as a whole. Perhaps one of the greatest GP racers of all-time, Rossi rarely crashes, and has never been injured so extensively before in his career. And for all the parties involved this incident, it is an untimely disaster that has financial repercussions.

But as the old marketing maxim goes, any press is good press, and with all the coverage that’s surrounded Rossi’s crash, a sizeable amount of “buzz” and media attention has been garnered for the associated parties. What is all that media attention worth? According to internet market research firm eXtrapola, just over 8 million in US dollars (over €6.5 million).

As silly season continues, rumors continue to persist that Casey Stoner has signed a deal with HRC. It was first reported by Italian news station Sportmediaset, and given it’s appropriate grain of salt, but now the German-language publication Speedweek is announcing the deal as well, and even claiming a contract price of €5 million to see the former World Champion ride a Honda in 2011.

With an overabundance of interest stemming from Valentino Rossi’s injury at the Italian GP, Fiat-Yamaha setup a Q&A with the team’s staff and Valentino Rossi himself that cover life in MotoGP post-Mugello. Find after the jump the responses from the team and Rossi, which should clarify a number of questions and concerns centered around the Italian rider’s injury, when he will return, and what caused the accident in the first place.

It didn’t take long after Valentino Rossi’s highside for the speculation to begin as to whom will replace the Italian rider at Fiat-Yamaha, but as MotoMatters is reporting, the MotoGP team is in no rush to replace Rossi on their roster. For the next two races, Fiat-Yamaha will campaign only one bike on the MotoGP grid, leaving Rossi’s bike untouched as a sign of respect to the Champion rider.

Overshadowed by Rossi’s highside and subsequent injury, one thing we missed at Mugello (besides the Italian himself) was Rossi’s traditional custom helmet for the Italian GP. Always one to pander to the home crowd, Rossi has made it a tradition to have a special helmet designed for when he races at Italian tracks (with Mugello in particular), and this year was no different.

Garry McCoy announced this weekend that he has left FB Corse, presumably after the MotoGP team failed to develop its racing effort in any meaningful way. Beleagured from the start with lofty goals and un-true press releases, FB Corse has struggle both technically and financially to get on the MotoGP grid. After suffering a setback of not being given the green light to race while testing  at Valencia, FB Corse seemed determined to make at least a few wild card appearances this season.

Now with McCoy resigning from the team, the MotoGP paddock expects this to be the end of the Italian racing project (editor’s note: FB Corse has already removed its photos from its flickr stream). Of course knowing Franco Uncini and the FB Corse spin machine, we may still see another press release or two in the future from the Italian racing effort. McCoy’s official statement after the jump, best of luck to you Garry.

Valentino Rossi has had a horrific crash today during practice at the Italian GP at Mugello. Highsiding in Turn 13, Rossi has sustained a compound fracture to his right shin. He was flown by helicopter from the circuit to Centro Traumatologico Ortopedico in Florence where he underwent surgery on his leg. The surgery was successful in repairing the fractured bone, and Rossi is expected to be in the hospital for the next seven to ten days, and likely not to return to racing for at least six weeks. Video of the crash after the jump.

For the Italian GP at Mugello this weekend, Fiat-Yamaha rider Valentino Rossi saw it fit to try something a little different in his look for the race. While we are still waiting to see if Rossi will whip out his customary one-off Mugello race helmet, it’s what’s being hidden under the lid that’s catching people off guard…namely that mohawk pictured above. We can only imagine what Fiat-Yamaha crew chief Jeremy Burgess must be saying to Rossi after seeing the haircut (leave your caption in the comments). More Rossi mohawk photos after the jump.

Silly season isn’t just an event localized to the MotoGP paddock, and rumors are starting to surface in the World Superbike paddock as well. According to the paddock gossip, Marco Melandri could end up on a factory BMW ride in World Superbike next season, but the intrigue doesn’t stop there.

Part of BMW’s plan is then to have Melandri be their rider of choice when the team makes their predicted jump to MotoGP for the 2012 season. BMW team boss Davide Tardozzi is supposedly the mastermind behind the deal WSBK/MotoGP deal, although nothing seems to be set in stone at this point in time.

In an effort to get to know Team Texas a bit better, BBC Sport sat down Monster Yamaha Tech3 riders Colin Edwards and Ben Spies, and had the veteran rider question the MotoGP newcomer about issues on and off the track. Team orders? Rituals? Mustard or ketchup? The pair cover all the bases on what makes Team Texas truly Texan, and at the end of the interview, Edwards even dives into silly season speculation, and asks Rossi or Lorenzo? Check it out after the jump.

As a special promotion for MotoGP’s stop at Laguna Seca, the Fiat-Yamaha team will plant a lucky race fan’s face on the Yamaha YZR-M1’s of Valentino Rossi and Jorge Lorenzo. The “Get on the Bike” program officially starts June 1st, and will require fans to upload a picture of their face to the Fiat-Yamaha website.

Mike Werner at Bikes in the Fast Lane got a look at the prospective placement on the YZR-M1 while he was at the French GP as a guest of Fiat-Yamaha, and he reports that the placement is an “ideal spot”.

The winner of the Get on the Bike contest will be announced July 25th, good luck to everyone.

Source: Bikes in the Fast Lane