1. Alvaro Bautista ESP Honda Gresini (RC213V) 1m 35.936s (Lap 4/5) 2. Stefan Bradl GER LCR Honda MotoGP (RC213V) 1m 36.198s (3/5) 3. Andrea Dovizioso ITA Ducati Team (GP12) 1m 39.868s (3/41) 4. Hiroshi Aoyama JPN Avintia (FTR-Kawasaki CRT) 1m 42.239s (2/31) 5. Nicky Hayden USA Ducati Team (GP12) 1m 42.571s (21/30) 6. Valentino Rossi ITA Yamaha Factory (YZR-M1) 1m 43.736s (27/28) 7. Michele Pirro ITA Pramac Racing (GP12) 1m 44.297s (33/35) 8. Claudio Corti ITA Forward (FTR-Kawasaki CRT) 1m 45.814s (24/29) 9. Randy De Puniet FRA Aspar (ART CRT) 1m 46.045s (16/21) 10. Aleix Espargaro ESP Aspar (ART CRT) 1m 46.060s (10/15) 11. Colin Edwards USA Forward (FTR-Kawasaki CRT) 1m 46.426s (14/19) 12. Karel Abraham CZE Cardion AB (ART CRT) 1m 46.992s (21/27) 13. Andrea Iannone ITA Pramac Racing (GP12) 1m 47.772s (22/40) 14. Hector Barbera ESP Avintia (FTR-Kawasaki CRT) 1m 49.457s (30/42) Danilo Petrucci ITA Came IodaRacing (Suter-BMW CRT) No Time Dani Pedrosa ESP Repsol Honda (RC213V) No Time Cal Crutchlow GBR Yamaha Tech 3 (YZR-M1) No Time Shane Byrne GBR Paul Bird Motorsport (ART CRT) No Time Marc Marquez ESP Repsol Honda (RC213V) No Time Jorge Lorenzo ESP Yamaha Factory (YZR-M1) No Time Bradley Smith GBR Yamaha Tech 3 (YZR-M1) No Time
Those times are meaningless - the fast times were set right at the start on a dry track on slicks, then it started to rain. Most riders didn't get out in the dry, and most wouldn't have been giving it 100% in the wet either.
What it doesn't show there is Capirossi (yes that old boy) set one of the top times on Smith's bike before the rain came in, Yamaha at Aragon today with some WSB teams testing rather than continuing at Valencia in the rain.
The wet times had Hayden fastest and VR second but apparantly the weather was very changeable and i don't think anyone went for a time once it rained. Baustista got about 10 dry laps before the rain.
Here's a nice article on it - Valencia MotoGP Test Day 1 Round Up: Of Debuts, Jealousies, And The Confounded Weather | MotoMatters.com | Kropotkin Thinks
Pos No Rider Bike Time Diff Prev. 1 26 Dani Pedrosa Honda 1:32.322 2 35 Cal Crutchlow Yamaha 1:32.671 0.349 0.349 3 19 Stefan Bradl Honda 1:32.813 0.491 0.142 4 69 Nicky Hayden Ducati 1:32.956 0.634 0.143 5 6 Alvaro Bautista Honda 1:33.109 0.787 0.153 6 4 Andrea Dovizioso Ducati 1:33.238 0.916 0.129 7 14 Marc Marquez Honda 1:33.403 1.081 0.165 8 51 Michele Pirro Ducati Test 1:33.625 1.303 0.222 9 29 Andrea Iannone Ducati 1:33.833 1.511 0.208 10 93 Randy De Puniet ART 1:34.081 1.759 0.248 11 38 Bradley Smith Yamaha 1:34.538 2.216 0.457 12 17 Karel Abraham ART 1:35.309 2.987 0.771 13 9 Danilo Petrucci Suter BMW 1:35.403 3.081 0.094 14 8 Hector Barbera FTR Kawasaki 1:39.248 6.926 3.845 15 41 Aleix Espargaro ART 1:43.517 11.195 4.269 16 7 Hiroshi Aoyama FTR Kawasaki 17 71 Claudio Corti FTR Kawasaki 18 5 Colin Edwards FTR Kawasaki