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MotoGP, the pinnacle of two-wheel racing, could come to India in the winter of 2023 if all goes ahead as planned, providing a massive boost to the stagnant motorsport scene in the country.
The master agreement between MotoGP commercial rights owner Dorna and Noida-based race promoters Fairstreet Sports could be signed as early as next week.
Dorna MD Carlos Ezpeleta and CEO Carmelo Ezpeleta will be in the national capital on Wednesday and they are expected to make an official announcement on the 'Grand Prix of Bharat'.
The round is most likely to be held at the Buddh International Circuit, once home of the Formula I Indian Grand Prix, which was discontinued due to financial, tax and bureaucratic hurdles.
The FIM homologation of the track will be done only after the agreement is signed between MotoGP rights owner and race promoters.
Speaking to PTI, Fairstreet Sports COO Pushkar Nath said they have done their homework for the organisation of the high-profile race, taking into consideration what went wrong with Formula 1 nine years ago.