Honda Racing Corporation is pleased to officially announce an agreement has been reached with Dani Pedrosa that will see the Spanish rider remain in the factory Honda team for a further two years, until the end of 2016.

Pedrosa, who currently lies third in the World Championship – level on points with second placed Valentino Rossi – as the season reaches the halfway point, will extend his contract with Honda with whom he has raced in the World Championship since 2001.

Pedrosa is a three time World Champion (2003 in 125cc, 2004 and 2005 in 250cc) and made his debut in MotoGP™ in 2006 in the Repsol Honda Team, claiming the Rookie of the Year title and fifth position in the Championship. He has been both runner up and third in the premier class on six occasions (three each).

Shuhei Nakamoto, HRC Executive Vice President, commented, “We are very pleased to renew our contract with Dani. He is enjoying a very strong season and is currently tied with Rossi in the Championship, we are very happy with his performance. The partnership of Dani and Marc (Marquez) has proven to be successful and we look forward to another two years of success.”

Pedrosa added, “I'm very happy to be able to announce my renewal with the Repsol Honda Team, and grateful to Honda for the trust they have shown in me for a further two years. It’s the best way for me to continue in my racing career, together with the company I was with in my very first race. I am very excited to give my 100% and continue to work together with everyone at Honda Racing Corporation.”