Honda has been named the exclusive engine supplier for the new Moto2 World Championship.

"After considering offers from various manufacturers, it has been decided that Honda will be the initial single engine supplier for the new Moto2 class. Their high level performance engine will be over 150hp," said an FIM statement.

It is not known which other manufacturers submitted a bid for the Moto2 contract.

The new 600cc four-stroke class will feature machines with original (prototype) chassis designs but identical engines.

The FIM has also confirmed that 2010 will be a transition year, with Moto2 four-strokes and 250GP two-strokes racing together.

"Next year only this [Moto2] category will also be open to the current 250cc motorcycles," said the statement.

The original intention for Moto2 had been to use production motorcycle engines from various manufacturers to power the machines, but the move to a single engine supplier was subsequently announced to 'limit costs'.

The use of a single engine, providing it is sufficiently different from existing road bike powerplants, should help avoid conflict with the World Supersport Championship, which has exclusive rights to 600cc world championship production racing.

Honda has won the 600cc World Supersport Championship, with Ten Kate, since 2002 and it is rumoured that the Dutch tuning experts will help maintain the new engines.

Ten Kate told Crash.net earlier this year that it was 'interested' in Moto2.

The 250cc World Championship began in 1949.

It was also announced that MotoGP free practice and qualifying sessions will revert back to one hour, having been reduced to 45 minutes for the first three rounds of this year.

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