What is faster, Formula1 or MotoGP?

The most people say that MotoGP is faster than F1 but when you look at the official F1 site and you will find that the fastest time at Silverstone is: 1:34.661- K Raikkonen (2012). Look at the MotoGP site and the fastest time is: 2'02.888. I'm confused, can anybody help me.

F1 car is easily faster than any bike around pretty much every track you can find.
The wings that make the cars so fast around the corners slow them down in a straight line but it's the cornering speed that is so much higher that makes the difference.
If you look at the lean angle of the bikes you can get a pretty good guess as to the lateral G's they are making in the corners and it's in the low 2's. A halfway reasonable car with some wings, a little ground effect, and good slicks will easily beat that - My rattly old racer would pull 2.3 G's at high speed.