 The premier class is MotoGP, which was formerly known as the 500cc class.The Grand Prix Road-Racing World Championship was established in 1949 by the sport's governing body, the Fédération Internationale de Motocyclisme (FIM), and is the oldest motorsport World Championship in existence.The motorcycles used in MotoGP are purpose built for the sport, and are unavailable for purchase by the general public because they cannot be legally ridden on public roads.