Following Marc Marquez’s decision to quit Honda in favour of Gresini Ducati for the 2024 season, Oliveira emerged as HRC’s preferred option to replace him.
The RNF rider is contracted to Aprilia for next year but had an option in his contract that allowed him to leave if a factory team offered him a deal.
Oliveira was taken off the board in recent weeks, however, as Honda only wanted to offer a one-year deal to keep its options open for 2025 when most factory riders are out of contract.
Asked by Autosport on Friday at the Malaysian Grand Prix if he was disappointed by this approach, the Portuguese replied: “No, it’s not disappointing.
“It’s a business, they look for opportunities, so do we.
“Sometimes our expectations maybe don’t match what is offered, and also it’s possible for a manufacturer to get. So, I’m not disappointed, no.”