diff --git a/typo3/sysext/core/Documentation/Changelog/master/Deprecation-77432-ExtbasePreparedStatementQueryOption.rst b/typo3/sysext/core/Documentation/Changelog/master/Deprecation-77432-ExtbasePreparedStatementQueryOption.rst
new file mode 100644
index 0000000000000000000000000000000000000000..2f95cb86c15bbfc040de03e6cfb58ca4d4dcf6b9
--- /dev/null
+++ b/typo3/sysext/core/Documentation/Changelog/master/Deprecation-77432-ExtbasePreparedStatementQueryOption.rst
@@ -0,0 +1,39 @@
+==============================================================
+Deprecation: #77432 - Extbase: Prepared Statement Query Option
+==============================================================
+
+Description
+===========
+
+The option to use prepared statements within the Extbase persistence has been removed. The method
+``getUsePreparedStatement()`` has been removed from the ``QuerySettingsInterface``, as the database
+abstraction layer will take care of prepared statements automatically.
+
+The implementation of the following properties within ``Typo3QuerySettings`` has been marked as
+deprecated:
+
+* ``getUsePreparedStatement()``
+* ``usePreparedStatement()``
+
+The protected property ``usePreparedStatement`` has been marked as deprecated as well.
+
+
+Impact
+======
+
+Calling one of the methods above within the ``QuerySettings`` object within the extbase persistence
+will trigger a deprecation notice warning.
+
+
+Affected Installations
+======================
+
+Any TYPO3 instance with an extbase extension using custom query settings using the
+``usePreparedStatement()`` option.
+
+
+Migration
+=========
+
+Remove any calls to the methods within the extensions' code, as the TYPO3 abstraction layer will
+handle them automatically.
\ No newline at end of file
diff --git a/typo3/sysext/extbase/Classes/Persistence/Generic/QuerySettingsInterface.php b/typo3/sysext/extbase/Classes/Persistence/Generic/QuerySettingsInterface.php
index 72f0dd89a5293bc6f14ef159fc5948f10326cd32..e6349fd72aeae16474b2429883beb2ef7ce48843 100644
--- a/typo3/sysext/extbase/Classes/Persistence/Generic/QuerySettingsInterface.php
+++ b/typo3/sysext/extbase/Classes/Persistence/Generic/QuerySettingsInterface.php
@@ -167,9 +167,4 @@ interface QuerySettingsInterface
      * @return bool
      */
     public function getUseQueryCache();
-
-    /**
-     * @return bool
-     */
-    public function getUsePreparedStatement();
 }
diff --git a/typo3/sysext/extbase/Classes/Persistence/Generic/Storage/Typo3DbBackend.php b/typo3/sysext/extbase/Classes/Persistence/Generic/Storage/Typo3DbBackend.php
index dd439ef127c0a426cd3f44c5fa7a2b11b2e3635f..e48d753c7cfcc0c17eec410efbfc362659b459b3 100644
--- a/typo3/sysext/extbase/Classes/Persistence/Generic/Storage/Typo3DbBackend.php
+++ b/typo3/sysext/extbase/Classes/Persistence/Generic/Storage/Typo3DbBackend.php
@@ -370,7 +370,8 @@ class Typo3DbBackend implements BackendInterface, SingletonInterface
         if ($statement instanceof Qom\Statement) {
             $rows = $this->getObjectDataByRawQuery($statement);
         } else {
-            $rows = $this->getRowsByStatementParts($query);
+            list($statementParts) = $this->getStatementParts($query);
+            $rows = $this->getRowsFromDatabase($statementParts);
         }
 
         $rows = $this->doLanguageAndWorkspaceOverlay($query->getSource(), $rows, $query->getQuerySettings());
@@ -407,25 +408,6 @@ class Typo3DbBackend implements BackendInterface, SingletonInterface
         );
     }
 
-    /**
-     * Determines whether to use prepared statement or not and returns the rows from the corresponding method
-     *
-     * @param QueryInterface $query
-     * @return array
-     */
-    protected function getRowsByStatementParts(QueryInterface $query)
-    {
-        if ($query->getQuerySettings()->getUsePreparedStatement()) {
-            list($statementParts, $parameters) = $this->getStatementParts($query, false);
-            $rows = $this->getRowsFromPreparedDatabase($statementParts, $parameters);
-        } else {
-            list($statementParts) = $this->getStatementParts($query);
-            $rows = $this->getRowsFromDatabase($statementParts);
-        }
-
-        return $rows;
-    }
-
     /**
      * Fetches the rows directly from the database, not using prepared statement
      *
@@ -448,32 +430,6 @@ class Typo3DbBackend implements BackendInterface, SingletonInterface
         return $rows;
     }
 
-    /**
-     * Fetches the rows from the database, using prepared statement
-     *
-     * @param array $statementParts
-     * @param array $parameters
-     * @return array the result
-     */
-    protected function getRowsFromPreparedDatabase(array $statementParts, array $parameters)
-    {
-        $queryCommandParameters = $this->createQueryCommandParametersFromStatementParts($statementParts);
-        $preparedStatement = $this->databaseHandle->prepare_SELECTquery(
-            $queryCommandParameters['selectFields'],
-            $queryCommandParameters['fromTable'],
-            $queryCommandParameters['whereClause'],
-            '',
-            $queryCommandParameters['orderBy'],
-            $queryCommandParameters['limit']
-        );
-
-        $preparedStatement->execute($parameters);
-        $rows = $preparedStatement->fetchAll();
-
-        $preparedStatement->free();
-        return $rows;
-    }
-
     /**
      * Returns the object data using a custom statement
      *
diff --git a/typo3/sysext/extbase/Classes/Persistence/Generic/Typo3QuerySettings.php b/typo3/sysext/extbase/Classes/Persistence/Generic/Typo3QuerySettings.php
index e74f034e06a2e1b07b022524b7251f94db5c4e1b..69497f9f7c6a44da9bc3deb8d0e24dfd3dc323ca 100644
--- a/typo3/sysext/extbase/Classes/Persistence/Generic/Typo3QuerySettings.php
+++ b/typo3/sysext/extbase/Classes/Persistence/Generic/Typo3QuerySettings.php
@@ -94,6 +94,7 @@ class Typo3QuerySettings implements QuerySettingsInterface
      * Flag whether the query should use a prepared statement
      *
      * @var bool
+     * @deprecated since TYPO3 v8, will be removed in TYPO3 9, this option is handled automatically now in the database abstraction
      */
     protected $usePreparedStatement = false;
 
@@ -340,18 +341,22 @@ class Typo3QuerySettings implements QuerySettingsInterface
     /**
      * @param bool $usePreparedStatement
      * @return QuerySettingsInterface
+     * @deprecated since TYPO3 v8, will be removed in TYPO3 9, this option is handled automatically now in the database abstraction
      */
     public function usePreparedStatement($usePreparedStatement)
     {
+        GeneralUtility::logDeprecatedFunction();
         $this->usePreparedStatement = $usePreparedStatement;
         return $this;
     }
 
     /**
      * @return bool
+     * @deprecated since TYPO3 v8, will be removed in TYPO3 9, this option is handled automatically now in the database abstraction
      */
     public function getUsePreparedStatement()
     {
+        GeneralUtility::logDeprecatedFunction();
         return (bool)$this->usePreparedStatement;
     }