"We have signed a contract for the MotoGP race, and we also have reached an agreement on a formula one race," Bulgarian politician and motor racing organising committee chairman Rumen Petkov told the Trud daily.

A deal has now been reached to see a Bulgarian grand prix held near the southeastern European republic's capital Sofia.

"We have signed a contract for the MotoGP race, and we also have reached an agreement on a formula one race," Bulgarian politician and motor racing organising committee chairman Rumen Petkov told the Trud daily.

He suggested a single circuit will be used for both premier racing series.

The MotoGP contract is for the circuit to be completed by January of 2011, and the reports about F1 indicate a race in either 2011 or 2012.

 

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