Madrid: Dani Pedrosa has agreed a two-year contract extension that will keep him at Honda until 2012.
"This has been the team of my dreams since I was a kid and that`s still the same feeling I have now," the Spanish rider told reporters.
"Our goal of course is to fight for victories every weekend and to win the MotoGP world championship. I believe we have what it takes to do both of those things."
The 24-year-old Pedrosa has won three world titles in the 250cc and 125cc categories, and has 12 Grand Prix wins at the top level.
The MotoGP championship resumes in Aragon, Spain on Friday with Pedrosa lying second behind compatriot Jorge Lorenzo in the series.