Championship leader Marc Marquez has finished first at Silverstone, winning the British Grand Prix for the first time today in Northamptonshire.
He managed to fend off Jorge Lorenzo last year's winner, with Valentino Rossi finishing third ahead of Marquez's team mate Pedrosa.
Coventry born Cal Crutchlow, racing for Ducati, finished 12th among the riders and second among the British team.
Thousands of MotoGP fans are at Silverstone in Northamptonshire ahead of Sunday's Hertz British Grand Prix, the next round of the 2014 FIM MotoGP World Championship.
British riders Bradley Smith, Cal Crutchlow, Scott Redding, Michael Laverty and Leon Camier will be relishing the opportunity to return to their home circuit. Championship leader Marc Márquez will be a big draw as he attempts to win the British Grand Prix for the first time, while Jorge Lorenzo will be desperate for a repeat of last year's Silverstone win.
The event was due to be the last Moto GP at Silverstone after rights holder Dorna Sports awarded a contract to the new Circuit of Wales.
A five year deal has been signed, but after the £315M track near Ebba Vale revealed it wont be ready for next season Moto GP could now stay at it's current location in 2015.
The Moto GP got underway at Silverstone in Northamptonshire today. The event was due to be the last Moto GP at Silverstone after rights holder Dorna Sports awarded a contract to the new Circuit of Wales.
Now though there's a chance it could stay at Silverstone a little longer.
Racing gets underway at the British MotoGP at Silverstone later.
Coventry-born Cal Crutchlow will be hoping for a strong weekend in front of the home crowd. Sunday's race could be the Northamptonshire track's last. The new Circuit of Wales will stage the British round from 2016. The location of next year's event has yet to be decided.
Silverstone race circuit in Northamptonshire is making its final preparations ahead of this year's British MotoGP.Read the full story ›
Bosses at Silverstone racing circuit said they were disappointed to have lost the MotoGP British Grand Prix - but that extending their contract did not make financial sense.
The circuit said it had invested heavily to develop its site specifically to host both the Moto GP championships and Formula 1 and had helped to make the series a successful event.
But Richard Phillips, managing director of Silverstone Circuits Limited, said it could not come to an agreeing with the Dorna, the event's rights holders.
“We have expressed our desire to keep MotoGPTM at Silverstone, but the event is not sustainable at the fee level Dorna was proposing.
"Any future deal had to make economic sense and sadly we reached an impasse. The Circuit of Wales obviously believes it can make the finances work.”
But the circuit has not rule out hosting the British Grand Prix next year while the event waits for the Circuit of Wales to be completed.
"A venue for 2015 needs to be agreed as soon as possible to avoid having a negative impact on the success of next year’s British Grand Prix.
"Silverstone remains the ideal venue to stage MotoGP.
"Last year’s record crowds are testament to the excellent British Grand Prix experience provided by Silverstone."
Silverstone has lost the contract to host the British Grand Prix of the MotoGP.
The event will take place at the Northamptonshire circuit next month.
But now a five-year deal has been signed to hold future meetings at the not-yet-built Circuit of Wales, which will be near Ebbw Vale in South Wales.
It will host its inaugural event in 2016 with MotoGP's official website suggesting next year's British Grand Prix could take place at yet another venue.
Since the beginning of the British motorcycle Grand Prix in 1977, only the courses at Donington and Silverstone have been used.
Silverstone has come to the end of its own five-year deal.
The Circuit of Wales could have its contract extended by a further five years if the deal proves to be a success, meaning Silverstone would have to wait until 2024 to bid again for the event.
The brother-in-law of a man who died at the Silverstone Classic meeting at the weekend has described him as "a winner."
Denis Welch, from Staffordshire, was driving a 1960s sportscar during the event.
Byan Downes says Dennis was a wonderful mechanic.
Read more here.
Pictures have been released of the man who died at the Silverstone Classic meeting at the weekend.
Denis Welch from Staffordshire was driving a 1960s sportscar during the event.
Mr Welch ran a motor spares business for classic cars.
A spokesman for Silverstone Classic has confirmed that a participant in this weekend's event had died following a racing accident.
The man has been named as Denis Welch.
"It is with great regret that the organisers of the Silverstone Classic have to report that, following an accident in a race for HGPCA pre-66 Grand Prix Cars today, Sunday 27th July, the driver of car number 19, Denis Welch, succumbed to his injuries later in the circuit’s Medical Centre."