P1racenews AI automatic summary:
MotoGP has announced it has agreed a new contract with the Uttar Pradesh state government to host the Indian Grand Prix from 2025, inking a three-year deal. The new deal arrives after MotoGP official cancelled this year’s race, with MotoGP forming a new contract with Invest UP. The previous deal with Fairstreet facilitated the 2023 […]
The new deal was signed between MotoGP and Invest UP after the cancellation of this year’s race by MotoGP officials. The previous contract with Fairstreet for the 2023 race was criticized for lacking experience in event hosting and production. MotoGP believes India is a crucial market due to its popularity and heavy reliance on two-wheeled transportation. The 2023 race saw over 100,000 fans at the Buddh International Circuit, showcasing the country’s potential for growth in motorcycle racing. Carmelo Ezpeleta, CEO of Dorna Sports, expressed excitement about the new agreement with the government of Uttar Pradesh to continue MotoGP races in India for the next three seasons. Uttar Pradesh’s Chief Secretary highlighted the economic benefits and global recognition that MotoGP brings to the region, emphasizing the importance of hosting world-class sporting events.
