Vicente Pérez will be replace Livio Loi for the remainder of the 2018 Moto3 season, the Reale Avintia Academy 77 team has announced.

Former race winner Loi was let go by the team last week after a best finish of tenth this season, with Perez now being promoted from Avintia's FIM Moto3 Junior World Championship squad.

“I’m very happy, because riding in the Moto3 World Championship was my childhood dream," Perez said. "I hope to be competitive in Germany. I will go step by step, learning the circuit and building my pace and confidence on every exit. 

"I know the bike and the team very well, so we will work hard to achieve the best results possible. I want to thank Blumaq, my manager Tomas Llopis and Raul Romero for this great opportunity.”

The 20-year-old Spaniard will race with the number 77 as a tribute to his friend Andreas Pérez, who passed away in an accident at the Circuit de Catalunya last month.

Vicente Pérez has made two grand prix starts as a wild-card this season, but is yet to finish.