Spanish energy company Repsol has extended its title sponsorship agreement with Honda Racing Corporation (HRC) in MotoGP, the premier class of motorcycle racing.
Repsol and Honda have worked together since 1995, with the extended contract now set to run to the end of the 2018 season.
Repsol and Honda have won 12 rider world championships during their time together, the latest coming in 2016 courtesy of Marc Marquez.
“We are very proud to be part of this team and to renew an alliance that has borne so much fruit in the fields of sports and technology,” Repsol’s Begona Elices said.
“We have two exceptional riders in Marc Marquez and Dani Pedrosa, who perfectly represent Repsol’s values such as teamwork and the spirit of improvement.
“High competition is the best incentive to improve as a global company, to research and develop state-of-the-art fuels and lubricants, and to achieve the goals we set for ourselves.”
Both Marquez and Pedrosa are contracted to race for Repsol Honda to the end of the 2018 season, matching the length of the sponsorship agreement.