Suzuki have confirmed they will depart MotoGP at the end of the 2022 season after reaching an early release agreement with promoters Dorna.

The Japanese manufacturer previously indicated their intent to seek a withdrawal from the sport, citing economic difficulties behind their decision.

 Suzuki had been contracted to MotoGP through to 2026, having previously returned to the premier class in 2015 after quitting in 2011.

They have now been handed an early termination following negotiations, president Toshihiro Suzuki confirmed.

The company will also exit the World Endurance Championship - which includes the Le Mans 24 Hour race - at the end of the current campaign.

Suzuki last won the MotoGP title in 2020, their first for 20 decades, with Spanish rider Joan Mir crowned champion.

ENDING MOTOGP™ AND EWC FACTORY PARTICIPATION AT THE END OF THE 2022 SEASON

Suzuki Motor Corporation and Dorna have come to an agreement to terminate Suzuki’s participation in MotoGP at the end of the 2022 season: https://t.co/xnHwlWa5tk pic.twitter.com/eSLmLDNLMR

— Suzuki Racing (@SuzukiOfficial) July 13, 2022

They will support both Mir and his team-mate Alex Rins - eighth and ninth in the standings respectively until the end of the season, with the pair currently eighth and ninth in the standings re