Dani Pedrosa has signed a new two-year contract with the Repsol Honda MotoGP team.
The factory Honda line-up will thus remain unchanged until at least 2017, with reigning champion Marc Marquez having already renewed his deal for a further two years.
"I'm very happy to be able to announce my renewal with the Repsol Honda Team, and grateful to Honda for the trust they have shown in me for for a further two years," said 28-year-old Pedrosa.
"It's the best way for me to continue in my racing career, together with the company I was with in my very first race. I am very excited to give my 100% and continue to work together with everyone at Honda Racing Corporation."
Pedrosa has been a Honda rider since his 2001 grand prix debut in the former 125cc class. A 125 and double 250cc world champion, Pedrosa joined MotoGP with Repsol Honda in 2006 and has finished title runner-up on three occasions.
The Spaniard has won more (post-2002) 'MotoGP' races for Honda than any other rider, with 25 victories, and is currently joint second in this year's championship, behind the so far unbeaten Marquez.
"We are very pleased to renew our contract with Dani," said HRC vice president Shuhei Nakamoto. "He is enjoying a very strong season and is currently tied with Rossi in the Championship, we are very happy with his performance. The partnership of Dani and Marc has proven to be successful and we look forward to another two years of success."
Pedrosa had been briefly linked with the returning Suzuki team, but with Yamaha's Jorge Lorenzo struggling and Pedrosa fighting for best of the rest behind Marquez, staying put at Honda was the clear preference for both parties.
Pedrosa also appears far more comfortable alongside Marquez this year, after some tense moments in 2013.
As well as Pedrosa and Marquez, Yamaha's Valentino Rossi has also signed to stay where he is until the end of 2016, leaving team-mate Lorenzo as the leading rider yet to confirm his plans beyond this season.
Ducati and Suzuki are still to announce either of their 2015 factory riders. Andrea Dovizioso's Ducati contact expires this year, while Cal Crutchlow must soon decide whether he wants to take up an option for 2015.
While the factory Honda team will be unchanged, satellite RC213V riders Stefan Bradl (LCR) and Alvaro Bautista (Gresini) are both under growing pressure to perform. Bradl is currently eighth in the standings and Bautista eleventh. It would be a surprise if both remain in place for 2015.
While the MotoGP technical regulations will remain stable next year, 2016 will see the introduction of a control ECU and Michelin replacing Bridgestone as exclusive tyre supplier.