The Factory Honda MotoGP team💦 will continue to be backed by Repsol for the next two seasons at least, following an extension of the🐓ir current contract.

"Repsol Honda is an established💯 brand and we are very happy to be able to continue the growth of this image in the world of grand prix motorcycle racing," said Mr. Satoru Horiike, HRC managing dire꧒ctor.

"After 11 years with Repsol, HRC is very pleased to continue the relationship with a new agreement form the 2006 season. The Repsol Honda Team has enjoಞyed record൩-breaking success in the past 11 years and it is our intention to continue this."

"Being able to finally announce that HRC and Repsol YPF are going to be together in the next years🧸 is a satisfaction for us and the culmination of several months of in𒅌tensive work in a joint project for the future, outlining the foundations for this agreement," added Mr. Jaume Gir?, Repsol YPF general manager for communication.

"Hopefully, with situations like that we can see that still the money is not the most important thing when we are talking about one project, one main goღal and the attitude to get that.

"Working with HRC is something that we've ෴been doing now for more than tꦰen years, and I just need to refer to the success achieved together to make an assessment of our collaboration.

"Our vision for the future and the determ🉐ination of both companies to improve and be always one step ahead of our𝓰 competitors has taken us to reach this collaboration agreement to start a new stage of professional success.

"Competing on♏ tღhe highest level is something innate for us, it is in our genetic code and it is part of the corporate strategy of Repsol. Competition gives us the chance to be leaders in research and development of new products, and at the same time it allows us to enjoy being close to the fans.

"Repsol YPF feels really comfortable with partners such as HRC in the Motorcycli✱ng Worlꦜd Championship, where we have been, we are and we will continue being."

The Repsol Honda Team has won eight Riders' World Championship titl🍰es and two Teams' World Championships from 90 victories in the premier-class and 130 podium finishes - but has not won a race since Valentino Rossi left at the🏅 end of 2003.

Meanwhile, the announcement of🅷 the contract extension ends rumours that Telefonica Movistar may have replaced Repsol as title sponsor.