An FIA Grade 1 circuit is to be built in Hungary and will be used for a Moto GP race from 2023, it has been announced.
The nation has one such venue at the moment, the Hungaroring, which has hosted a Formula 1 Grand Prix every year since 1986.
That is set to change though with the green light being given for another, called the Magyar Nemzetkozi Motodrome, to be constructed in Debrecen, Hungary’s second biggest city after Budapest.
“We are very grateful that Dorna (MotoGP rights holder) decided to take our offer and we are going to build a brand new track and in that sense, a brand new style of MotoGP track,” said Laszlo Palkovics, Hungarian Minister of National Innovation and Technology.
“The investment is quite a significant investment but when we made our business models, it’s worth it. It is a good economic investment.”
The circuit layout, which reportedly drew inspiration from Suzuka, will be 5km long and feature a total of 15 corners and multiple elevation changes.
With barriers, a medical centre and various other facilities on-site all meeting FIA standards, it will be available to use for F1 races.
However, it is unlikely to be hosting such events early after it is completed with the Hungaroring contracted to host the Hungarian Grand Prix until 2027 at least.
Instead, the Magyar Nemzetkozi Motodrome is to host a MotoGP race, with a deal already being agreed with the circuit owners and the championship.
The track was designed by Italian company Dromo.