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@Brian Ford: if you enter 'Moto3' into Google
the second option, headed 'Grand Prix motorcycle
racing-Wikipedia' is sub-headed 'It is currently divided into three classes: MotoGP, Moto2 and Moto3. ... In 2012, 125 cc two-strokes were replaced by the Moto3 250 cc four-stroke class with ..'
@pp916: not sure what Honda in particular have to
gain by a rev limit reduction, which will tend to reduce the output of their engine in pretty much the same degree as KTM's or Mahindra's, i.e. about 2bhp. The most likely explanation is that all the manufacturers have agreed on this as part of a progressive cost reduction programme. But the racing will still be as madly competitive as ever