India is set to host its maiden MotoGP World Championships race at the Buddh International Circuit in Greater Noida in 2023.
MotoGP commercial rights owner Dorna and Noida-based race promoters Fairstreet Sports signed a Memorandum of Understanding (MoU) to host the premier two-wheel racing event in India for the next seven years.
Riders from as many as 19 countries will participate in the event, which will give a push to trade and tourism in the country, besides generating employment.
MotoGP also has plans to also introduce MotoE into the Indian racing scenario, which will not only be a first in Asia but a significant green initiative with net zero carbon emission.
The Buddh International Circuit was once home to the Formula 1 Indian Grand Prix, held for three consecutive years from 2011 till 2013, before it was discontinued due to financial, tax and bureaucratic hurdles.