India is set to add a significant boost to the stagnant Indian motorsport scene as the country hosts the Moto GP race next year. Greater Noida will host a maiden Motorsport World Championship race labeled as the ‘Grand Prix of India’ at Buddh International Circuit.
MotoGP commercial rights are owned by Dorna and Noida-based race promoter Fairstreet Sports. The host of India’s premier two-wheel racing event signed a Memorandum of Understanding (MoU) for seven years next Wednesday. Riders from as many as 19 countries will participate in this moto event, which will give a big boost to trade and tourism in the country, helping to generate employment
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‘MotoGP also marks a change in the Indian racing landscape with MotoE being a significant green initiative with zero carbon emissions only in Asia,’ the event’s promoters said in a release.
The Buddh International Circuit, host of the MotoGP race, once home to the Formula 1 Indian Grand Prix, held for three consecutive years from 2011 to 2013, was on the verge of closure due to financial, tax and bureaucratic hurdles.