Honda Motor Corporation has confirmed it has agreed to part ways with its six-time MotoGP World Champion Marc Marquez at the end of the season.

The Spaniard, who still has a year remaining on his five-year contract signed in 2019, is expected to join forces with his brother Alex Marquez at Gresini Ducati next season.

"Honda Racing Corporation and Marc Marquez have mutually elected to terminate their four-year contract prematurely at the end of the 2023 MotoGP World Championship season.

"With a year still remaining on the four-year contract between HRC and Marc Marquez, both parties have mutually agreed to end their collaboration upon completion of the 2023 MotoGP World Championship season. Both parties agreed it was in their best interests to each pursue other avenues in the future to best achieve their respective goals and targets.

"This brings an end to 11 years of collaboration between the #93 and HRC in which they achieved six premier class World Championships, five Triple Crowns, 59 wins, 101 podiums and 64 pole positions together.

"Marquez took his debut victory in the premier class aboard the Honda RC213V at the Grand Prix of the Americas in Austin, Texas in 2013 to become the youngest premier class winner and would become the youngest premier class World Champion later that year. In 2014 he defended his title and won the opening 10 consecutive races of year, going on to also claim titles in 2016, 2017, 2018 and 2019 as an HRC rider with the Repsol Honda Team.

"Both parties will continue to give their full support for the remaining rounds of the 2023 MotoGP World Championship season.

"HRC wish Marc Marquez the best in his future endeavors."

It will mark the end of an era for both Marquez and Honda after more than a decade of immense success and record achievements.

Making his debut in the premier class with the Japanese powerhouse in 2013, Marquez became the first rookie of the modern era to clinch the MotoGP World Championship, a feat he'd go on to repeat across five consecutive seasons in 2015, 2016, 2017, 2018 and 2019.

In that time, Marquez has achieved 59 MotoGP victories, 101 podiums and 64 pole positions, though his momentum has stalled in recent years owing to a litany of injuries stretching back to shoulder issues 2018, but most notably the crash at the start of the 2020 MotoGP campaign in Jerez that sidelined him for the entire season.