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. Viewed by others: ...