From a press release issued by Moriwaki Engineering:
Moriwaki Engineering Ltd. is pleased to announce that we are intending to compete the WGP MotoGP in 2004.
The machine, code-named MD211VF and currently under development prior to circuit testing, will carry a HRC-supplied RC211V engine in an originally developed chassis by Moriwaki. Our world famous R&D experts will work on the chassis at full pace over the next months.
Our first target for the development bike will be as a Wild Card entry at whichever Grand Prix meeting is available in 2003. While the full partnership package is not fully in place for 2004, and additional partners are being sought, our aim is to command a permanent place on the grid.
Mr. Mamoru Moriwaki, no stranger to the GP paddock, said, “There is nothing more exciting for a private team to develop a machine that can compete at the world’s highest level. It is also a great honor to be supplied with HRC powered RC211V and I am confident that Moriwaki Racing will justify this arrangement.”