Bradley Smith has signed a new deal with Tech 3, which will see the Englishman remain in Moto2 next year - then move to the Monster Yamaha Tech 3 MotoGP team for 2013 and 2014.
The 20-year-old Englishman, a former 125cc title contender, has taken three podiums in his first Moto2 season, including a best of second position in his home race at Silverstone.
Smith has also claimed four other top six finishes and with four rounds of the campaign left, he remains firmly in the hunt for third position in the overall standings.
“I am thrilled to have signed a three-year deal with the Tech 3 Racing Team and I am looking forward to continuing the excellent relationship we've developed in 2011," said Smith.
"I have a fantastic relationship with Herve, my crew chief Tom Jojic and all my crew, who all have an amazing passion for racing. It is that dedication and desire to succeed that convinced me to join Tech 3 in 2011, so to be staying until the end of 2014 is the perfect scenario for me.
"There was never any doubt in my mind that Tech 3 would be the best option to develop my career. It has been flattering to have attracted interest from so many top teams in Moto2, but the opportunity to move to MotoGP in 2013 was simply too good for me to turn down.
"To think I'll be riding a Yamaha 1000cc MotoGP bike just over a year from now is hard to believe. I've worked so hard for many years to earn the chance to be given an opportunity like this, and now it has come I intend to grab it with both hands.
"Tech 3 gave me the chance to move to MotoGP in 2012 and it was an honour to be even considered at this stage of my career. The decision to stay in Moto2 was one of the hardest of my life but I believe that together, we can be fighting at the front from the start of next season and pushing to challenge for the Championship.”
Team manager Herve Poncharal is pleased to have secured such a long-term association with Smith.
“It gives me enormous pleasure to confirm that Tech 3 has signed a three-year agreement with Bradley Smith," he began. "Without doubt, we have managed to secure the services of one of the brightest young talents in the world and I am thrilled that Bradley has put his trust in Tech 3 to help him accomplish his dream of racing in MotoGP.