The Moto GP is confirmed to make a debut in India as the sport's commercial right owner Dorna and Noida-based race promoters Fairstreet Sports signed a Memorandum of Understanding (MoU) for seven years on September 21 in New Delhi. The race will be called the Grand Prix of Bharat and reportedly it will be held at the Buddh International Circuit (BIC).
Although, organizers have not confirmed any official date for the race, but the highly anticipated event is likely to take place, next year. While speaking at the official event, Dorna Sports' managing director Carlos Ezpeleta claimed that India is the world's largest two-wheeler market. "MotoGP continues to earn new audiences and fans worldwide. This makes it imperative for us to expand its presence to new destinations where fans and riders are loving the sports.
"MotoGP continues to earn new audiences and fans worldwide. India is key to our scheme of taking MotoGP to new frontiers. Over the past decade, the MotoGP World Championship has gone from strength to strength, thanks to a competitive grid and a well-crafted set of rules. We look forward to gaining a wide fan base in India with the Grand Prix of Bharat," said Ezpeleta.
According to reports, organisers are currently in talks with the Uttar Pradesh government and sports ministry to make this happen. Reportedly, 2024 is the year being regarded as a perfect slot given that BIC still needs to be homologated by the Federation Internationale de Motocyclisme. Earlier, track was supposed to host a round of the World Superbike Championship at the track in the mid-2010s, but after several postponements that was called off.
Buddh International Circuit was originally built for F1 and it hosted the Indian GP from 2011 to 2023. Reports have also stated that UP government is keen to host the MotoGP as the event is estimated to generate as many as 50,000 jobs, with 5,000 jobs for the race weekend itself. There are also plans to bring the all-electric MotoE support series to India. After meeting with FSS team, Union Sports Minister Anurag Thakur stated that it’s a historical day for the sporting and automobile industry. "India could potentially be one of MotoGp’s biggest markets in terms of viewership as well as revenue," said Anurag Thakur.