After weeks of speculation, Jack Miller's move to KTM has finally been announced, with the team informing fans of the deal via social media on Thursday morning.
The 27-year-old will replace Miguel Oliveira in the side, with the Portuguese rider confirming last month that he'd been offered a place in the Tech3 squad should he wish to remain with KTM.
But Oliveira had other plans, with the four-time MotoGP race winner refusing the option amid links to Ducati.
As for Miller, the talented Australian rider currently sits ninth in the MotoGP standings having secured two podiums for Ducati so far. He's been linked with a move to KTM since the French GP, where he finished second to Gresini Racing's Enea Bastianini.
The marque finally announced the move on Thursday morning, and Francesco Guidotti, the KTM team manager, was thrilled to have finally wrapped up the deal.
"Having Jack alongside Brad in our team means we have another strong asset. I know him well, I know how he likes to work and what he can bring to the box," said Guidotti.
"I believe his character and the way he will ride and push our KTM RC16 will help us a lot at this stage of our project.
"Like Brad, Jack is a pure racer: he will find the limits and the maximum of any condition and any package and still 'go for it' to get the result and that is quite a rare quality. The next two seasons will be exciting.
Miller's two-year deal with the team means KTM have tied down a strong and promising rider partnership between the Australian and current rider Brad Binder, who sits sixth in the standings this season with 73 points.
Pit Beirer, KTM's motorsports director, echoed the words of Guidotti by piling praise onto their new rider.
"Of course we've known Jack since he made a boom with Aki and our Moto3 programme and it's a big pleasure to bring a rider of his capabilities into our MotoGP structure.
"He left us with a positive impression, and we've stayed in contact. Jack's approach and attitude to racing are very similar to ours. I am very proud that he comes back Red Bull KTM again and he will be a great addition to our mission."
But before joining up with his new team in 2023, Miller still has a job to do with Ducati, with 12 races remaining in the season.
With his future now confirmed in MotoGP, the 27-year-old can look to achieve some impressive results in his final few races with Ducati, starting with the upcoming Grand Prix in the Netherlands, scheduled for June 19.