The only seals in the engine are the front/rear oil seals, and the apex seals. I've rebuilt about 40 of them.
The black ring is a front rotor seal, it keeps oil from getting into the swept area. The ports in a Wankel engine are always open, there is nothing resembling a valve. Air is drawn in via induction as the rotor passes the inlet port, and is expelled via compression and expansion as the rotor tip passes the exhaust port.
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