From a press release issued by Foggy Petronas Racing:

Foggy PETRONAS Racing Gets The Green Flag

Carl Fogarty today welcomed the news that his Foggy PETRONAS Racing team has been granted permission to compete in this year’s World Superbike Championship.

A recent inspection by the sport’s governing body, the FIM, revealed that sponsors PETRONAS had successfully built the 75 road versions of the Foggy FP1 race bike that are necessary to meet the entry requirements of the production series.

And the four-times World Champion is glad that his team can now focus on the first race of the championship, in Valencia, Spain, on March 2.

Foggy said: “Everyone involved in this project deserves a big pat on the back for their efforts.
The hard work in achieving homologation is over – now our hard work of racing begins.

“We have been working flat out during the winter to prepare for the first race and, while it’s important to realise that this is a long-term project, hopefully we can repay the faith placed in us by PETRONAS as soon as possible.”

Riders Troy Corser and James Haydon will be in action for the final time before the first round of the championship when a three-day official World Superbike test begins in Valencia on Friday, February 21st.

More, from a press release issued by Petronas:

HOMOLOGATION MILESTONE FOR MALAYSIAN SUPERBIKE

London, January 30th, 2003 – The Federation Internationale de Motocyclisme (FIM) today announced that the FP1 – the first Malaysian superbike – has passed homologation for competition in the 2003 World Superbike Championship.

The inspection saw the first 75 units of the road version of the FP1 examined for compliance with the FIM regulations governing the eligibility for competition in the Championship, the highest echelon of superbike racing.

With this latest development, PETRONAS has also now been granted a manufacturers’ license, automatically confirming the addition on February 14th of the FP1 – anticipated to be the most eagerly awaited within the racing circle and among fans worldwide – to the entry list for the 2003 Championship.

Production of the FP1 road bike will continue at a new PETRONAS facility in Malaysia. In keeping with the unique race-to-road nature of this project, further development of the road-going FP1 will be in tandem with that of the race machine, which will make its debut along with Foggy PETRONAS Racing at Valencia, Spain on March 2.

The FP1 road bike will be officially unveiled in the near future in Kuala Lumpur, Malaysia.