Fairstreet Sports and Dorna Sports Announce the First-ever Motorcycling ‘Grand Prix of Bharat’
MotoGP is the world’s third most-watched sporting event after the Olympics & FIFA World Cup
19 countries to participate in the premier road racing event to be held at the Buddh International Circuit
New Delhi, September 21st, 2022: Exciting news for India’s motorcycle racing circuit. Noida- based sporting activities company Fairstreet Sports Pvt. Ltd. and the international organizer of FIM World Championship Grand Prix (MotoGP) Dorna Sports S.L., Madrid-Spain, announced India’s first-ever Moto GP Grand Prix to be held in India in 2023 at the Buddh International Circuit (BIC).
India’s maiden edition of the MotoGP World Championship, labelled as ‘Grand Prix of Bharat’, will bring the world’s top motorcycle racers to India in what is expected to provide a significant boost to motorcycle racing in this country.
A Memorandum of Understanding (MoU) has been signed for seven years between Fairstreet Sports Pvt Ltd and Dorna. The latter is actively working with other state governments to promote motorcycling culture in India and collectively work to promote, nurture and groom international level MotoGP riders in India. As per Industry Experts and economic analysts a significant boost to trade, tourism and employment is expected with an estimated 50K jobs direct and indirect and up to 5K jobs for the race weekend itself. Interestingly – MotoGP also has plans to also introduce MotoE into the Indian racing scenario which will not only be a first in Asia buy a significant green initiative with net zero carbon emissions.
“It is a matter of great pride for Uttar Pradesh to host such a globally prestigious mega sports event. Not only will the event boost the hospitality and tourism sectors, but it will also put UP on the global platform. Our government will provide all the necessary support to make this event a huge success,” said Shri Yogi Adityanath, Chief Minister, Uttar Pradesh.
Union Sports Minister Shri Anurag Thakur during the meeting with FSS team opined - “It’s a historical day for the sporting and automobile industry and a befitting tribute to the Azadai Ka Amrit Maha Utsav celebrations, marking India’s befitting arrival in the global platform of Auto Sports. He further opined that India could potentially be one of MotoGp’s biggest markets in terms of viewership as well as revenue.”
“It gives us immense pride that the Fédération Internationale de Motocyclisme (FIM) has chosen India as the next destination for expanding the global footprint of the MotoGP World Championship. The sport enjoys immense popularity among India’s motorcycle racing community, and we are confident that the international exposure will also boost the sport in India.”
MotoGP is a critical asset in the programming of its international broadcast thanks to the viewer loyalty that the sport enjoys and the competitive nature it embodies. DornaSports will provide live coverage of each Grand Prix throughout the season, from acquisition to distribution.
Mr Carlos Ezpeleta, Managing Director, Dorna Sports, said, “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 growing every year. India is key to our scheme of taking MotoGP sport 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 wider fan base in India with the Grand Prix of Bharat.”
Mr Pushkar Nath, COO, Fairstreet Sports, said, “Motorcycling as a sport is greatly admired in India. By bringing the world’s most prestigious motorcycle racing event here, we hope to boost its fan base further and encourage more young bikers to take up the sport. As the world collectively rebounds from the coronavirus pandemic, the sporting event is also expected to re-energize India's sports tourism.”