The Deal Is Done: Capirossi To Announce Suzuki Signing At 3pm CET

For weeks now, ever since Marco Melandri signed with Ducati, effectively pushing Loris Capirossi out of the picture at the Bologna factory, speculation has been rife that the Italian veteran would turn his back on the factory with which he had become virtually synonymous. Many teams were named, but it became increasingly clear that there was only one destination which Capirex could realistically arrive at. Today, at 3pm Central European Time, Loris Capirossi is due to give a press conference at which he will announce that he will be joining the Suzuki MotoGP team for 2008, according to Motorcycle News.

The move will not come as a surprise to most people in the paddock, as Suzuki were effectively the only team with both the budget and the equipment to match Capirossi's ambitions. Kawasaki had previously confirmed that they currently didn't have the funding to be able to afford Loris Capirossi's salary demands, and although Ducati were offering to run a third bike for Capirex, his bitterness at the way in which he'd be pushed aside by Ducati made it highly implausible that he would seriously consider the offer.

More news once the press conference has been held.

~~~ UPDATE 1 ~~~

The Italian site GPOne.com is reporting that Capirossi has signed a one year deal with an option for 2009 as well.

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