LCR Honda has confirmed that Cal Crutchlow will join the team for the 2015 MotoGP season.
The announcement, which also makes reference to the LCR's new London-based main sponsor CWM forex trading, follows an earlier statement from Ducati that Crutchlow is to leave and be replaced by Andrea Iannone.
"We want to thank Cal for his trust in our 2015 racing project and we are excited to line up with new Team colours thanks to the cooperation with CWM," said team owner Lucio Cecchinello. "In the mean time we will keep working hard to end the current season in the best way."
"The 2015 MotoGP season is looking to be a very exciting one, CWM-LCR Honda are very happy and pleased to have Cal Crutchlow on our new bike and new team colours," added CWM CEO Anthony Costantinou. "Cal is a professional, reliable, and top performer as CWMFX.COM is. Perfect synergy."
Crutchlow will be taking over Stefan Bradl's factory-class RC213V, a machine close in specification to that of reigning MotoGP champion Marc Marquez and Repsol Honda team-mate Dani Pedrosa.
14th in this year's standings after a nightmare half-season at Ducati, Crutchlow will be returning to satellite status next year, having finished fifth and the top non-factory team rider in the 2013 standings for Tech 3 Yamaha.
While confirming Crutchlow will have the 2015 RC213V, LCR made no mention of former Moto2 champion Bradl, whose future with the team has looked uncertain for months after being unable to build on last year's debut pole and podium.
Moto3 title leader Jack Miller was a previous favourite for the LCR ride - before reports emerged that Crutchlow's 2015 Ducati agreement was not as definite as it had seemed in a press conference at World Ducati Week.
Miller may yet move to MotoGP with Honda, but on an Open class bike, while Bradl's likely options include Forward Yamaha, Aprilia and Pramac Ducati. The young German is ninth in this year's standings with a best finish of fourth.
Crutchlow will remain at Ducati until the end of the 2014 season.