The French Grand Prix will continue to be held until at least 2016, following an agreement between the race's promoter Claude Michy and MotoGP rights holder Dorna.

Dorna CEO Carmelo Ezpeleta signed the new five-year deal in the Le Mans paddock ahead of qualifying for this year's race and is delighted to have secured the event's future.

"We have a great relationship with Claude Michy and PHA and the French Grand Prix has been steadily building on its success," said Dorna Sports CEO Carmelo Ezpeleta. "We are pleased to continue to work with Claude until 2016."

Claude and Philibert Michy added: "The French Grand Prix is a key international event on the French sporting calendar and our close collaboration with Dorna Sports is instrumental in making it a success, so we're very happy to ensure the future of the French round."

The first French Grand Prix for motorcycles was held in 1920 at Le Mans, while Albi staged the first running of the event as a premier class World Championship race in 1951. The Le Mans Bugatti circuit has hosted the race every year since 2000.