A deal has been reached between Suzuki and its promoters Dorna to end its participation in MotoGP at the end of this season.
In addition, factory involvement in the World Endurance Championship will end.
According to the company, Suzuki Motor Corporation and Dorna have agreed to terminate Suzuki’s participation in MotoGP at the end of the 2022 season.
A settlement was not disclosed in terms of its financial details.
Suzuki announced in May that it wanted to leave MotoGP, despite having previously committed to 2026, but Dorna said the manufacturer could not make a unilateral decision.
Toshihiro Suzuki, Suzuki president, said in a statement on Wednesday that the decision to leave MotoGP was due to “the need to re-allocate resources.”
MotoGP champion Joan Mir and Alex Rins will be supported by Suzuki until the end of the season, he said.