Chief Satoru Horike of Honda Racing Corporation, 21-year old Dani Pedrosa will still be racing in Repsol colours next year.
A last-minute decision was made by Horike to fly to Assen for the Dutch TT in a bid to convince the Spaniard racer, who is out of contract at the end of the year, to make a contract on a new deal.
The factory team's failure to win a race since Nicky Hayden succeeded in the USA 12 months ago had led Pedrosa last week to say to the public that he was open to offers from rival squads for 2008.
Horike told MCN that he can understand what Dani wants to say but the chief believes that they we can make a contract soon and that he will stay.
Pedrosa is in the third spot in the world championship. He achieved such triumph after finishing on the podium four times so far this year but is 66 points (the equivalent of two wins and a third place) adrift of leader Casey Stoner, his main competitor when the pair raced 250s in 2005.
The two-time race winner has been rumored with a move to Suzuki next year but has denied that any talks have taken place with the team.
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