Yamaha Racing boss Lin Jarvis has confirmed that Jorge Lorenzo will remain at the factory Yamaha MotoGP team in 2016.

In doing so, Jarvis revealed that there were options in the 'two-year' contract announced last season which could have seen the Spaniard leave at the end of this year.

Lorenzo - who has spent his entire premier-class career with Yamaha, winning the title twice - was rumoured to be interested in joining Ducati prior to last year's contract renewal.

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"Always you get rumours and it's part of the game, also between the manufacturers, but I can assure you and I can assure the MotoGP paddock that Jorge will be with Yamaha for 2016," Jarvis told MotoGP.com.

"We had a two year contract. There was a possibility for both parties should they choose to do something else.

"But we are really happy with each other and we have every confidence Jorge will return from his difficult start to the season and be a top rider this year, next year and beyond."

While team-mate Valentino Rossi currently leads the championship with two wins from three starts, Lorenzo is fourth in the points and still seeking his first podium.

However Lorenzo got his home Spanish round off to a perfect start by being fastest in both Friday sessions at Jerez.

2016 will see a single ECU system made compulsory in MotoGP, plus a change from Bridgestone to Michelin tyres.

Rossi - like Repsol Honda riders Marc Marquez and Dani Pedrosa - also has a contract until the end of 2016.