Brad Binder will be the only Red Bull KTM Moto3 rider to stay with the team for 2016.

The South African will be paired with 16-year-old Red Bull Rookies Cup champion Bo Bendsneyder (pictured), as the factory squad reduces from three to two riders.

Miguel Oliveira has already been confirmed as joining Moto2 with Leopard Racing, but today's announcement confirms there will be no place for Binder's other 2015 team-mate Karel Hanika.

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Team boss Aki Ajo declared: "We are very excited to return to a team structure with two riders. We believe we can make a very potent group around Brad Binder and Bo Bendsneyder. Everyone is at different stages in their career, but it will be very beneficial for everyone. I would like to thank Red Bull, KTM and our other partners for making things possible for this team for another season.

"I am very happy to continue working with Brad Binder for the second consecutive year, as this has been a good year with him. I am especially proud of the progress and the significant improvements that he has been making race after race. It's really important to continue working together to keep growing next year. I think we are a strong partnership that can compete for the title next year.

"It's also very nice to have Bo [Bendsneyder] on our team. He is a talented rider who comes from the Red Bull Rookies Cup, as many of our riders in the past have done. We are excited to have another rookie join the World Championship with us, and I'm sure that with him we will take many steps forward and learn a lot together."

Binder is currently seventh in the world championship with two podiums, having been taken out of victory contention on the very last lap of Sunday's Aragon race.

"I am very happy to stay with Red Bull KTM Ajo next year and continue to progress together," Binder commented. "It is very important to be in the same team and, after the podium and fights for victories, to finish the job next year by fighting for the title."

Dutchman Bendsneyder has won eight Rookies Cup races to wrap up the title at the eleventh of 13 rounds.

"My career in the World Championship will begin next year. It's an honor to be part of the team that have already been World Champions three times and always have very fast riders competing for them," he said.

KTM Motorsport Director Pit Beirer declared: "It is clear that Brad Binder has this season grown under the capable hands of team manager Aki Ajo, who is one of the most respected figures in the paddock.

"Both he and Bo also have much to gain through the excellent Red Bull KTM Ajo team structure, and we will be doing whatever is necessary to ensure they have the quality racing bikes in the KTM RC 250 GP to get the job done."