Valentino Rossi has launched a bid to become a team owner in the 2011 Moto2 world championship.

MCN understands Rossi will help fund the project with lifelong friend Uccio Salucci installed as boss of the Italian legend’s new Grand Prix venture.

MCN sources claimed Rossi was in negotiations with Eskil Suter at the Motorland Aragon race last weekend about a chassis deal as the reigning world MotoGP champion looks to finalise his plans.

Any new team wishing to enter Moto2 must have submitted an official application to the International Race Teams Association by September 28.

One rider will be Italian Andrea Iannone, who won Sunday’s Moto2 race for his third win of the campaign.

It is the second big career change for Rossi in the space of two months after he completed a shock move from Yamaha to Ducati in a two-year deal announced at Brno in mid-August.

A prominent source told MCN: “It looks like one very high profile MotoGP rider will have his own Moto2 team next season. Iannone will be one rider. He has interest from just about every team, but it looks like he will end up with Valentino.”

Provisional acceptance for the 2011 Moto2 series will be made on October 8 at the Sepang Grand Prix in Malaysia.

Those teams granted an entry will then need to a pay 20,000 Euro security deposit per rider by October 29 in Estoril.

The idea is then to unveil a list of accepted entries during the final round of the season in Valencia in early November.

He should race in it too,,, would win easy.                                                                                                                                                                             

....be interesting if he ever sets up a MotoGP team once he stops racing himself.

Bet he would still keep winning then too.

He's rumoured to be missing the last 2 races of this season though, to have his shoulder operated on.  Shoulda had it sorted when he was off with his leg injury !!

Mmmmm interesting times, cos i should imagine a fair few riders would give teir right arm to race for him :)

Ooooo can i be a brolly girl ???
                                                                                                                                                                             

I'll fight ya for that job sis-in-law :)))  lol                                                                                                                                                                              

lol sis in law ..................... o yeah u r :)

Mmmmm think we best share then lol
                                                                                                                                                                             

can I have me own brolly please??  lol                                                                                                                                                                              

Of course sis in law lol xx                                                                                                                                                                              

tbh, bit suprised...at the news, not the brolly dollys   I'd have thought all his time would be spent concentrating on winning MotoGP with Ducati. Moto2 has to be a distraction from that.                                                                                                                                                                             

it will be Rob, but he's leaving his best buddy in charge so it's not like he'll be having to organise it all, and he's not racing himself.

Be reet      lol
                                                                                                                                                                             

(Quote) tbh, bit suprised...at the news, not the brolly dollys (Quote)

Its MCN so I'd take it all with a large pinch of salt.