Motta replaces Sinisa Mihajlovic after his sacking during the week.
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The Italian side remain winless after five league games with three draws and two defeats, sitting 16th in Serie A.
There are very serious concerns as the 51-year-old is considered among the high-risk group.
On Thursday, Inter were knocked out of the Coppa Italia by Lazio on penalties, a result that followed a defeat by Torino and draw with Sassuolo in their first two league games since the winter break
The decision was announced this evening after he flew in to sign the three-year contract.
A Torino statement read: “The new coach – whom president Urbano Cairo receives with the most cordial welcome and with the best wishes of good work – will head the scheduled training session this afternoon.”
“Cristian Brocchi will now be in charge of the first team until the end of the season. Milan would like to welcome Mr Brocchi and wish him all the best.”
Inzaghi’s position has been under threat for a number of months, but according to La Gazzetta dello Sport, he has now been released by the club with a year left on his contract