BJ Penn and Renzo Gracie at K-1 Hawaii

In another MMAWeekly exclusive, MMAWeekly.com has learned that BJ Penn has signed to fight Renzo Gracie in a K-1 Superfight in July.

Penn will fight Gracie at Aloha Stadium in Hawaii in front of a possible crowd of 20,000 people which would make it the biggest crowd in MMA North American history.

On that card, K-1 will also feature an 8 man Heavyweight Grand Prix World Tournament; in which, the winner of the tournament punches their ticket to the World GP Final in Tokyo this November.