MotoGP will now enthral Indians with Bharat Grand Prix


MotoGP come to India! Noida-based Fairstreet Sports and Dorna Sports – the official organizers of MotoGP – signed a seven-year Memorandum of Understanding (MoU) to bring the major motorsport event to India.

The Indian edition of the greatest two-wheeler racing spectacle, dubbed the “Grand Prix of Bharat”, will enthrall Indian motorsport enthusiasts. It will take place between 2023-24 and 2030-31. While no official debut date has been confirmed, organizers are working around the clock to secure a spot on the 2023 calendar.

MotoGP

MotoGP

The significant development was announced by Carlos Ezpeleta, Managing Director of Dorna Sports, at a closed event alongside the Chief Minister of Uttar Pradesh, Yogi Adityanath, and Nand Gopal “Nandi”, Minister of Industrial Development, UP. The event was also attended by senior management from TVS, Suzuki Motorcycle India and India Yamaha Motor.

Ezpeleta said: “India is a huge country and market and is particularly important for the two wheeler industry and MotoGP as a sport. The Championship has a huge fan base and it would be amazing to be able to hold a MotoGP event in India, it would be an incredible spectacle for our fans.”

Also Read :  AEW Dynamite Grand Slam 2022 Results: Winners, Grades, Reaction and Highlights | News, Scores, Highlights, Stats, and Rumors

When and where does MotoGP take place?

The realistic possibility of awarding the Indian Grand Prix appears to be the 2024 calendar. The racing championship will most likely be organized at the Buddh International Circuit (BIC), Greater Noida, which previously hosted Formula 1 races between 2011 and 2013. It is currently the only FIA Grade 1 circuit in India.

The BIC has to be homologated by the Federation Internationale de Motocyclisme (FIM) as the circuit was originally built for F1 events. It may also require some tweaking to make it suitable for hosting the world’s highest level of two-wheeler racing. The homologation process is expected to take over a year, making it a huge challenge to schedule the race for 2023.

Also Read :  TSX Approves Shawcor’s Normal Course Issuer Bid
MotoGP in BIC

Buddh International Circuit (BIC)

Traditionally, the Indian edition of MotoGP is preceded by the Moto3 and Moto2 Junior and Feeder categories. Also, MotoGP plans to organize MotoE during the Bharat Grand Prix, which could become the first MotoE race outside of Europe. The all-electric motorcycle racing series was first introduced in 2019 and has so far only been a sidekick event of the major MotoGP races.

Estimated employment created

UP CM, Yogi Adityanath, said: “Uttar Pradesh is very proud to host such a globally prestigious mega sporting event. The event will not only boost the hospitality and tourism sector but also bring UP to the global platform. Our government will provide all necessary support to make this event a great success.”

Also Read :  Goldman Sachs restructuring could hit traders' bonuses

MotoGP

UP CM Yogi Adityanath (L) with Dorna Sports CEO Carmelo Ezpeleta (C) and Industrial Development Minister Nand Gopal “Nandi” (R)

Similarly, Minister of Industrial Development Uttar Pradesh Nand Gopal “Nandi” said: “The event will not only be a boon to motorcycle racing fans, but will also provide a great boost to the economy by offering a Generates influx of foreign investment and advances passenger transportation industry which would become global investment and preferred destination for OEMs in Uttar Pradesh state.”

It’s not the first time that BIC is considering hosting a major international two-wheeler series. A few years ago there were plans to host a Superbike World Championship round at the track. However, after several postponements, the marquee event was cancelled.

It is estimated that the elusive MotoGP event will directly or indirectly create jobs for up to 50,000 people, with 5,000 jobs counting for the race weekend alone. This year, motorsport in India received a major boost when the all-electric Formula E Championship was announced for February 2023 in Hyderabad.