Casey Stoner just holds off Dani Pedrosa to take second, and Cal Crutchlow has taken Hayden! Sixth for the Brit! Sensational!
Follow the Grand Prix Great Britain live with Eurosport. This MotoGP race starts at 13:00 on 17 June 2012. Find race results, calendar, standings, scores and all of this season’s MotoGP fixtures.
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Jorge Lorenzo wins! A supreme performance from the Yamaha man!
Last lap! Jorge Lorenzo is serene up front, and this final race is going to be about the battle for sixth, with Crutchlow all over Hayden!
Espargaro makes a move on his Aspar Aprilia team-mate Randy De Puniet, and moves into 11th! Lovely manoeuvre.
Crutchlow is withing a second and a half of Hayden, and maybe sixth place is on! What a performance from the injured Coventry rider.
The lead had dropped to 1.6 seconds, but Lorenzo has increased his margin to 1.9 seconds and he looks to be controlling the race nicely.
Spies has lost touch with the leaders and is now running a lonely fifth. Disappointing given he started the race second on the grid.
Oooh... Jorge Lorenzo has a big wobble on a right-hand bend! Close to chucking the race away! A wake-up call for the Yamaha man.
Jorge Lorenzo is over two second clear at the front, and this looks like it should be a routine victory for him.
Mattia Pasini is back in the pits after his Speed Master ART broke down. A race to forget for the Italian.
Cal Crutchlow's last lap was faster than Casey Stoner's! However, he has almost six seconds to make up on Hayden, so seventh looks like the limit of his achievement today.
In fact, we're looking at a three-way battle for second, with Bautista joining the party just behind Stoner and Pedrosa.
Pedrosa is sizing up the struggling Stoner, his Honda team-mate, and we could soon be looking at a Spanish one-two.
Lorenzo is really surging clear at the front - Stoner's Honda looks like it may be suffering from chatter issues, and this looks like Lorenzo's to lose.
Here's how they stand: 1-Lorenzo, 2-Stoner, 3-Pedrosa, 4-Bautista, 5-Spies, 6-Hayden, 7-Crutchlow, 8-Bradl, 9-Barbera, 10-Rossi.
Great battle, side-to-side racing! Lorenzo gets the run onto the back straight, and takes the lead in the British GP!
It's wheel-to-wheel at the front, with Lorenzo all over Casey Stoner...
Crutchlow is past Bradl! He dives down the inside and makes it stick! With Dovi out, that means seventh place for the Brit. Meanwhile, James Ellison is 14th on the Paul Bird ART.
Dovizioso out! He is touring, and appears to have a problem with the guard covering his brakes. Was that the result of contact? Anyway, he's out of the race.
Lorenzo is just about keeping Stoner in check. 0.736 is the gap between first or second, and this is looking a lot like a two-horse race.
Cal Crutchlow is still behind Stefan Bradl, but both have got past Hector Barbera so Cal is into ninth.
Dovizioso tries to make a move on Ben Spies who shuts the door, and Pedrosa comes through past Dovi!
Lorenzo goes second! He takes a non-existent gap and squeezes past Spies - can he now close the gap on Stoner? Let's find out...
Lorenzo is past Bautista into third. No way past Spies yet - and that's good news for Stoner, who is six tenths clear in the lead now.
Crutchlow into the top 10! He is in front of Rossi, and the next man on his hit list is Stefan Bradl.
Hayden opens the door for Jorge Lorenzo, who steams down the inside into fourth place. Hayden seems to be struggling with his brakes just now.
It was a bad mistake from Spies to let Stoner through. He completely missed his braking point and ran very wide. Lucky to hold on to second, actually.
Stoner takes the lead! Now we'll see what he has in his locker - can he push clear of his rivals?
Hayden makes a move on Bautista, but he runs wide and the polesitter regains third place!
Stoner is back on the exhaust pipe of Spies. You feel the Australian could be biding his time, with 16 full laps laeft to run.
A good lap from Spies, who just opens up a hint of a gap ahead of Stoner. Valentino Rossi is down in 10th, six places behind his Ducati team-mate Nicky Hayden.
Crutchlow into 11th. Lorenzo sets the fastest lap with a 2:02.920, which is pretty quick for this point of the race.
A four-man pack at the front of the field - Spies, Stoner, Bautista, Hayden. Jorge Lorenzo at the head of the second group in fifth.
Stoner is having a look down the inside of Spies - and Cal Crutchlow is already up to 13th after starting dead last on the grid.
The field is already splitting in two - nine at the front, 11 at the back.
GOOOOO!!! Ben Spies gets the holeshot from second on the grid, Stoner second and Bautista drops back to third.
This will be a huge test for Cal Crutchlow - his injured left foot is of course his gear-change foot. Give the man a medal.
Just as the warm-up lap gets started, some drops of rain start to fall! Let's hope for a dry race.
Britain's Cal Crutchlow is bravely battling through the pain of a broken ankle, which occurred in practice - he did not take part in qualifying and has missed two hours of track time. And did I mention he has a broken ankle?
A wet and wild qualifying session saw Alvaro Bautista qualify on pole position - his first MotoGP poll.
Welcome to LIVE coverage of the British MotoGP from Silverstone!