<p>In a massive boost for motor sport in the country, the MotoGP organisers on Wednesday announced that the biggest two-wheel racing event could come to India as early as next year.</p>.<p>An MoU, which promises seven races in as many years, was announced, but MotoGP organisers Dorna Sports and Indian promoters Faristreet Sports did not set a date for the first race, which is being branded as 'Grand Prix of Bharat'.</p>.<p>If 2023 doesn't work out, both parties aim to conduct a testing event the same year before the inaugural round in 2024.</p>.<p>Dorna will announce the 2023 calendar soon.</p>.<p>The MoU was announced in the presence of Dorna Sports MD Carlos Ezpeleta and Indian promoter Fairstreet Sports (FSS) COO Pushkar Nath and director Amit Sandill.</p>.<p>The round when it happens will also include races in junior category -- Moto2 and Moto3.</p>.<p><em>PTI </em>had reported last week that a race was on the cards in the winter of 2023.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/sports/other-sports/motogp-likely-to-make-india-debut-in-winter-of-2023-promoters-promise-long-future-1145925.html" target="_blank">MotoGP likely to make India debut in winter of 2023, promoters promise long future</a></strong></p>.<p>The race venue will be the state of the art Buddh International Circuit, home to the defunct Indian Grand Prix.</p>.<p>Once the stakeholders can decide the dates, the rack track will be homologated by world governing body FIM, which is seen as a formality since the track has already hosted an event of the stature of Formula 1.</p>.<p>Formula 1 departed after three seasons due to financial, tax and bureaucratic hurdles but Ezpeleta expressed surprise that India, the world's largest two wheeler market, has not hosted MotoGP yet.</p>.<p>"Honestly from Dorna's side it is surprising the call has not been made before. MotoGP is a product meant for India and India is a country meant for MotoGP. The match is a good one,"Ezpeleta said.</p>.<p>"We had not been approached for MotoGP in previous years but with support of the Indian promoters, all the parts boxes have ben checked.</p>.<p>"All the major manufactures that are part of MotoGP have shown a lot of interest in coming to India," he added.</p>.<p>Though the official statement clearly mentioned the race will happen in 2023 but Ezpeleta said getting all the pieces together to host a race of this scale is always a complicated affair.</p>.<p>Around 5000 people including riders and staff work during a MotoGP round. Ezpeleta claimed that a MotoGP weekend generates economic activity of 100 million euros.</p>.<p>"The MoU is for seven years which can start as soon as next year. Putting together a MotoGP round is a huge job. A pre season test of machinery and tyres have to be tested at the venue.</p>.<p>"We publish our calendar season before. We are working out the dates whether we can make 2023 possible or whether there wlll be a test for the first event in 2024. It is complicated to organise, many pieces will have to fall into place," said Dorna Sports MD.</p>.<p>Formula 1 could not have a long future in India due to financial, tax and bureaucratic issues. The event was taxed as the government back then did not recognise it as a sport. Custom clearance of tonnes of equipment was also an issue.</p>.<p>Fairstreet Sports COO Nath said two wheel racing is now recognised as a sport by the government and getting a single window clearance will not be a problem.</p>.<p>The Indian promoters claim to have the backing of state government and central government.</p>.<p>Nath and Co. had a meeting with UP CM Yogi Adityanath and Union Sports Minister Anurag Thakur before the announcement.</p>.<p>Since it is an event of huge scale, there will be financial and operation challenges. MotoGP organisers expect FSS to overcome them.</p>.<p>FSS will be paying Dorna millions of euros per year to host the race.</p>.<p>"I don't know the logistical challenges that you have had here. It is surprising that other countries have been able to host MotoGP and a continent like India has not. It was surprising for me. For us it was a no brainer to have a race in India," said Ezpeleta.</p>.<p>Asked if they expect some financial support from the government to ensure event's long future, promoter Nath added: "We are self sufficient to host the event. The government has been very supportive."</p>
<p>In a massive boost for motor sport in the country, the MotoGP organisers on Wednesday announced that the biggest two-wheel racing event could come to India as early as next year.</p>.<p>An MoU, which promises seven races in as many years, was announced, but MotoGP organisers Dorna Sports and Indian promoters Faristreet Sports did not set a date for the first race, which is being branded as 'Grand Prix of Bharat'.</p>.<p>If 2023 doesn't work out, both parties aim to conduct a testing event the same year before the inaugural round in 2024.</p>.<p>Dorna will announce the 2023 calendar soon.</p>.<p>The MoU was announced in the presence of Dorna Sports MD Carlos Ezpeleta and Indian promoter Fairstreet Sports (FSS) COO Pushkar Nath and director Amit Sandill.</p>.<p>The round when it happens will also include races in junior category -- Moto2 and Moto3.</p>.<p><em>PTI </em>had reported last week that a race was on the cards in the winter of 2023.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/sports/other-sports/motogp-likely-to-make-india-debut-in-winter-of-2023-promoters-promise-long-future-1145925.html" target="_blank">MotoGP likely to make India debut in winter of 2023, promoters promise long future</a></strong></p>.<p>The race venue will be the state of the art Buddh International Circuit, home to the defunct Indian Grand Prix.</p>.<p>Once the stakeholders can decide the dates, the rack track will be homologated by world governing body FIM, which is seen as a formality since the track has already hosted an event of the stature of Formula 1.</p>.<p>Formula 1 departed after three seasons due to financial, tax and bureaucratic hurdles but Ezpeleta expressed surprise that India, the world's largest two wheeler market, has not hosted MotoGP yet.</p>.<p>"Honestly from Dorna's side it is surprising the call has not been made before. MotoGP is a product meant for India and India is a country meant for MotoGP. The match is a good one,"Ezpeleta said.</p>.<p>"We had not been approached for MotoGP in previous years but with support of the Indian promoters, all the parts boxes have ben checked.</p>.<p>"All the major manufactures that are part of MotoGP have shown a lot of interest in coming to India," he added.</p>.<p>Though the official statement clearly mentioned the race will happen in 2023 but Ezpeleta said getting all the pieces together to host a race of this scale is always a complicated affair.</p>.<p>Around 5000 people including riders and staff work during a MotoGP round. Ezpeleta claimed that a MotoGP weekend generates economic activity of 100 million euros.</p>.<p>"The MoU is for seven years which can start as soon as next year. Putting together a MotoGP round is a huge job. A pre season test of machinery and tyres have to be tested at the venue.</p>.<p>"We publish our calendar season before. We are working out the dates whether we can make 2023 possible or whether there wlll be a test for the first event in 2024. It is complicated to organise, many pieces will have to fall into place," said Dorna Sports MD.</p>.<p>Formula 1 could not have a long future in India due to financial, tax and bureaucratic issues. The event was taxed as the government back then did not recognise it as a sport. Custom clearance of tonnes of equipment was also an issue.</p>.<p>Fairstreet Sports COO Nath said two wheel racing is now recognised as a sport by the government and getting a single window clearance will not be a problem.</p>.<p>The Indian promoters claim to have the backing of state government and central government.</p>.<p>Nath and Co. had a meeting with UP CM Yogi Adityanath and Union Sports Minister Anurag Thakur before the announcement.</p>.<p>Since it is an event of huge scale, there will be financial and operation challenges. MotoGP organisers expect FSS to overcome them.</p>.<p>FSS will be paying Dorna millions of euros per year to host the race.</p>.<p>"I don't know the logistical challenges that you have had here. It is surprising that other countries have been able to host MotoGP and a continent like India has not. It was surprising for me. For us it was a no brainer to have a race in India," said Ezpeleta.</p>.<p>Asked if they expect some financial support from the government to ensure event's long future, promoter Nath added: "We are self sufficient to host the event. The government has been very supportive."</p>