Pedrosa, who currently lies 2nd in the World Championship as the season reaches the halfway point, will extend his contract with Honda with whom he has raced with his debut in the World Championship in 2001.
Pedrosa is a three time World Champion (2003 in 125cc, 2004 and 2005 in 250cc) and made his debut in MotoGP in 2006, claiming the Rookie of the Year title and fifth position in the Championship. He has been runner up twice and has also finished third in the premier class on two occasions.
After celebrating his maiden win of the 2012 season last weekend in Germany, Dani has shown he is certainly one of the contenders for the title in the premier class this year.
"I'm very happy to be able to announce my renewal with the Repsol Honda Team for the next two years." said Pedrosa. "It's been a very long relationship with Honda and I had a strong desire to stay here."
"The fight for the Championship this year is still open and the next two seasons will be very interesting for me." he added.
"My whole career has been linked to Honda, since I entered into the World Championship in 125cc, then in 250cc and since 2006 in MotoGP. I'm perhaps one of the riders with the longest history with Honda, which makes me feel very proud." continued the Spanish rider.
"I want to thank HRC once again for their support; I'm sure that we have great things to do together". concluded Pedrosa