Jorge Lorenzo hoping for more competitive Moto GP campaign (VIDEO)

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Two-time Moto GP world champion Jorge Lorenzo believes that he will be in a better position to challenge the dominant Honda riders in the new season after a good first test in Malaysia for Yamaha.

Lorenzo won the premier motorcycle racing championship in 2010 and 2012 for the Japanese manufacturer, but has been unable to challenge in the past two seasons due to the dominance of Honda and Spanish sensation Marc Marquez.

In a visit to Ferrari earlier this week, Lorenzo spoke about his hopes for the new year, saying that he believes he will be in better physical condition for the beginning of the season than he has been in recent times.

Lorenzo also shared his thoughts on the beginning of a new era for Scuderia Ferrari in 2015 following an internal revolution and the arrival of Sebastian Vettel at Maranello, believing that the team can rediscover its championship-winning formula.

In other Moto GP news, Donington Park will no longer be hosting the British round of the 2015 championship after its agreement with the proposed Circuit of Wales fell through.

Donington was set to step in for the Welsh circuit, which has an agreement to host Moto GP in 2015 despite not being built yet. However, with talks between the two tracks breaking down, the race will now remain at Silverstone for the next two years.