INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

India to host MotoGP for first time in 2023: organisers

Indian authorities hope the event will boost foreign investment. (AFP)
  • The race is scheduled to take place at Buddh International Circuit in Uttar Pradesh, to the south of New Delhi
  • The track has already played host to Formula One, staging three F1 grands prix between 2011 and 2013
New Delhi, India—India will stage a MotoGP race for the first time in 2023, organizers said on Friday, at the same track that once hosted Formula One. 

 

The race is scheduled to take place at Buddh International Circuit in Uttar Pradesh, to the south of New Delhi.

The track has already played host to Formula One, staging three F1 grands prix between 2011 and 2013.

“We have a lot of fans in India and we’re excited to be able to bring the sport to them,” Carmelo Ezpeleta, chief executive of MotoGP organizers Dorna, said in a statement.

India represents a key market to expand the sport, organizers said, citing a population of 1.4 billion people and more than 200 million motorcycles.

“It’s a matter of great pride for Uttar Pradesh to host such a global event,” Yogi Adityanath, Uttar Pradesh chief minister, said.

Indian authorities hope the event will boost foreign investment.