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@Ed Honda announced the production RCV before the four bike rule was introduced. As yet the GPC have given no indication where the RCV will fit in with the current prototype and CRT regulations.
A FTR Yamaha could enter as a full prototype since the constructor would be FTR. A full factory RCV would obviously count as being a Honda motorcycle and therefore would be counted as one of the four bikes.
The current rules simply don't allow for customer bikes built by MSMA factories. As such either the rules will have to change or Honda will have to stop running satellite bikes for customer RCVs to enter.
Remember the four bike rule was introduced as a sop to those who wanted to keep the rookie rule in order to stop the big factories signing up all the new talent and entering as many bikes as they wanted.
It's been suggested that the production RCV is simply a way of trying to keep CRT manufacturers out of the class.