Hungaroring announces new owners, renovations and MotoGP plans

The venue for Formula 1's Hungarian Grand Prix, the Hungaroring, will undergo renovations, including modifications for MotoGP races, following a change of ownership.

The Hungaroring, which has a Formula 1 contract until the end of 2027, have announced that the circuit ownership has been moved to the State Secretariat for Sport, which is a part of Hungary's Department for Defence.

The circuit had been owned by Hungary's Department of Technology and Innovation, but a wider restructuring of the departments has prompted the change in ownership.

The Hungaroring also confirmed that a host of changes will be made to the circuit's facilities, which will begin after the 2023 race in July, and will include a new pit lane complex, control tower and media centre, along with a new main entrance.

The redevelopment will be completed in phases in between Hungarian Grands Prix, with a target completion date being before the 2026 race in Budapest.

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Hungaroring targets MotoGP with updates

The venue also announced that they will be implemented changes to bring the circuit up to the standards required to host a MotoGP race.

Plans had previously been in place to host a Hungarian MotoGP race in Debrecen, the second-largest city in the country.

However, these plans have been shelved, with the Hungarian government opting to make the Hungaroring, in Budapest, suitable for MotoGP instead, which will be a more cost-effective solution.

The Hungaroring held top-level motorcycle racing (prior to the creation of MotoGP) in 1990 and 1992, won by Eddie Lawson and Mick Doohan respectively.

Check out the video of the proposed changes below:

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