The rumors had been doing the rounds for some time, but last night, things came to a head. Multiple media outlets were reporting that Pol Espargaro has signed a deal to ride for Repsol Honda in 2021. The most interesting facet of this was that several outlets had independent sourcing, making this look highly credible. Information I have seen also confirms this.
Though an agreement seems to have been reached, there are still some hoops to jump through. Speaking to Spanish daily AS.com, Espargaro's manager Homer Bosch said negotiations with Honda, KTM, and Ducati were still going on. "It's not true that Pol has a verbal agreement to go and race for the Repsol Honda team next year," he told AS.
Repsol Honda team boss Alberto Puig issued a similar statement denying an agreement had been reached. "HRC is always thinking about the present and the future of its structure, from the lower categories to MotoGP. Due to the circumstances that we are in, this season is not developing through the usual channels, but that does not mean that Honda stops continuing to plan the best possible future for all their riders. We do not have any contracts signed with anyone that have not already been announced," he said.