MotoGP Indian Grand Prix Confirmed for September Despite Financial Concerns

The MotoGP Indian Grand Prix, scheduled for September 20-22, has been the subject of speculation in recent weeks. However, Fairstreet Sports, the race promoters, have confirmed that the event will proceed as planned.

Initial concerns arose due to delays in fulfilling financial obligations from last year's race. However, the Uttar Pradesh government intervened, with its investment wing, Invest UP, becoming a partner in February-March. The hosting rights fee will now be shared by Fairstreet Sports and Invest UP.

"The race is on," said Fairstreet Sports COO Pushkar Nath Srivastava. "We are grateful to the Uttar Pradesh government for their support."

The organizers acknowledge that the fulfillment of contractual obligations has taken time due to formalities, paperwork, and the ongoing elections. However, they are confident that all issues will be resolved shortly after the elections, with a tripartite pact in place between Dorna, Fairstreet, and Invest UP.

Ticket sales for the event will commence on June 14, with both single-day tickets and season passes available. The second edition of the Grand Prix will also feature a range of fan engagement activities.

Fairstreet and Dorna have a seven-year contract to hold the race at the Buddh International Circuit, with six races remaining. India's track record in hosting international motorsport events has been mixed, with Formula 1 and Formula E both having short-lived stays.

Despite these concerns, the organizers are optimistic about the future of MotoGP in India. The 2024 MotoGP calendar initially included a record-breaking 22 races, but was reduced to 20 after the cancellation of the Argentina race and the postponement of the Kazakhstan GP.

Tags: #MotoGP, #IndianGrandPrix, #FairstreetSports, #InvestUP, #BuddhInternationalCircuit