Here is the statement from Honda:
Honda Racing Corporation and Marc Marquez have mutually elected to terminate their four-year contract prematurely at the end of the 2023 MotoGP World Championship season.
With a year still remaining on the four-year contract between HRC and Marc Marquez, both parties have mutually agreed to end their collaboration upon completion of the 2023 MotoGP World Championship season. Both parties agreed it was in their best interests to each pursue other avenues in the future to best achieve their respective goals and targets.
Both parties will continue to give their full support for the remaining rounds of the 2023 MotoGP World Championship season.
HRC wish Marc Marquez the best in his future endeavours.
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