The Valencia GP is guaranteed to take place in 2022 and thereafter may alternate with other circuits on the Iberian peninsula until 2026; the final year of the agreement.
This is due to the incredible global growth of MotoGP, with more and more venues signing up to become part of the world’s fastest motorcycle racing World Championship.
The agreement was signed by Ximo Puig, President of the Government of Valencia, and Carmelo Ezpeleta, CEO of Dorna Sports, in Valencia on Thursday.
Ximo Puig, President of the Government of Valencia: “There will be a Grand Prix until 2022 and from then on, each five years there will be a minimum of three Valencia Grands Prix, each of which will be the season finale. This shows the good work done by the Circuit, as well as the trust that has been sown between the organisation and the Generalitat.
“We have always said that this is a fundamental Grand Prix for the economic impact it generates and what it represents for the development of tourism in the Valencian community, as well as the hundreds of thousands of motorsport fans in Valencia – that’s why we have come to this agreement.”
Carmelo Ezpeleta, CEO of Dorna Sports: “Dorna guarantees the Valencian community that, during these five years, there will be three Grands Prix at the track as a minimum. As Valencia is the first in coming to this agreement, it will be on the calendar in the first year that rotation begins, which is 2022.
“Valencia maintains the right to be the final Grand Prix on the calendar. I would like to be able to offer five more years with a guaranteed race but that is not possible. Nevertheless, I am proud to have once again come to an agreement with Valencia.”