2014 MotoGP Valencia Test Live: As it happened.

That's it! Testing is over and Marquez stays fastest by 0.146s over Honda team-mate Pedrosa. Lorenzo, P Espargaro, Rossi, Smith, Petrucci, Crutchlow, Hernandez, A Espargaro complete top ten. Full results on Crash.net shortly...

New LCR Honda rider Crutchlow is up to 8th place, 0.8s from Marquez.

The Yamahas look to have finished testing but Marquez and Pedrosa, plus 11 others are riding right to the 5pm finish time.

Heading into the final minutes and its still Marquez and the 2015 Honda fastest by 0.146s from team-mate Pedrosa. Yamaha's Lorenzo +0.191s in third.

Crutchlow sets his best time of the day to move into tenth, exactly 1-second from Marquez.

Petrucci is just 0.692 behind Marquez's fastest lap of the test

Petrucci, fastest in wet yesterday, moves from 12th to 7th

Into the last ten minutes and Marquez, Lorenzo, Barbera, Crutchlow, Pirro, Petrucci, Hayden, Laverty, Melandri and Baz on track

Eugene Laverty is another rider making a late push, sets his best lap of the day to move up to 19th, ahead of Baz, Miller and Melandri.

Yonny Hernandez pops into seventh on the Pramac Ducati GP14.2, +0.941s

For comparison, Rossi's Saturday pole time was a 1m 30.843s.

Marquez's lap is the fastest of the week, just beating Lorenzo's 1m 30.975s on Monday.

Marquez goes top with a 1m 30.973s, 0.146s under team-mate Pedrosa's best. 20mins to go.

Pedrosa and Lorenzo both on track for a final push.

The top five - Pedrosa, Lorenzo, Marquez, P Espargaro and Rossi - are covered by just 0.182s

Approaching the final half-hour of testing and Marquez improves to 3rd place, behind Pedrosa and Lorenzo

Leading times as of 4pm, one hour of testing to go: Pedrosa, +0.045 Lorenzo, +0.169 P Espargaro, +0.257 Marquez, +0.357 Rossi, +0.854 A Espargaro, +0.953 Crutchlow, +0.982 Smith.

Both Marquez and Pedrosa are using the same spec 2015 engine, but trying different chassis

HRC boss Nakamoto on '15 Honda: "Marc found some positive areas but, same as Dani, some areas he is not happy. We need to change something."

How good is Espargaro's Suzuki lap? 1m 31.973s is 0.6s under de Puniet's qualifying time and would have been good enough to make it into Saturday's Qualifying 2 session.

An impressive lap from new Suzuki rider Aleix Espargaro puts the Spaniard into 6th place, 0.854s from fastest man Pedrosa.

Pedrosa fastest as of 3pm, 2 hours to go. Full lap times: http://www.crash.net/motogp/results/210885/1/valencia_motogp_test_times_-_wednesday_3pm.html

Bautista is up to 13th on the underpowered Aprilia, +1.9s from Pedrosa

Dani Pedrosa puts Honda back on top by dipping 0.045s under Lorenzo's best time.

Rossi is on the move! The 2014 title runner-up sets the second fastest lap time, just 0.012s behind team-mate Lorenzo