UP bullish on roads sectorUP bullish on roads sector

Virendra Singh Rawat

MotoGP, the global sporting event filled with speeding bikes and thrill, started yesterday at Buddh International Circuit in Greater Noida.

In the three-day MotoGP Bharat during Sep 22-24, the practice sessions for Moto3, Moto2 and MotoGP events started on Friday. The main and qualifying races will be organised tomorrow (Sep 24).

MotoGP stands for Grand Prix motorcycle racing, and is reckoned as the gold standard in bike racing globally. It is the oldest established motorsport world championship. The annual event started in 1949 at the Isle of Man TT.

Uttar Pradesh chief minister Yogi Adityanath is likely to grace the final event after participating in the business conclave at the Circuit with the top CEOs of global and domestic brands and companies.

This event boasts the participation of 275 prominent companies, including industry giants like Red Bull, Shell, B-Win, BMW, Oakley, Monster, Motul, Tissot, Repsol, Polini, Go Pro, Honda, Michelin, Amazon, DHL, and Petronas, all playing integral roles in various capacities.

Over the years, MotoGP has made substantial contributions to the economies of its host countries. It serves as a representative of the two-wheeler industry, boasting a robust presence not only in India but also throughout most of Asia.

Courtesy MotoGP Bharat races, the global event is estimated to rake in economy worth almost Rs 1,000 crore for UP.

It is expected to catalyse a slew of economic activities pertaining to transport, hospitality, ticket sales, food and beverage, travel, merchandising etc.

MotoGP event will be live streamed in 195 countries with approximately 450 million people expected to watch the championship events across the globe. The Buddh International Circuit will accommodate about 100,000 in the stands for live viewing.

Podcast -How is currency exchange rate fixed?

The Yogi government is pitching UP as a future sporting hub by investing generously in the basic sports infrastructure across the state.

Leave a Reply

Your email address will not be published. Required fields are marked *