The UCI BMX Supercross series replaces - and is an enormous upgrade to - the former UCI BMX World Cup series, which started in 1996 but was cancelled in 2000.
The UCI BMX Supercross series will be held on downhill BMX tracks, "made only for the very top-level athletes of BMX racing," said a statement from the UCI.
These tracks will "feature obstacles, jumps and high speed that will bring BMX racing to another level."
The event will be open for elite men and junior men, 17 years and older. There's to be a prize purse of 20 000 Swiss Francs (£8700). The race will count for UCI International ranking points as well as AA-Pro points in the NBL National Series.
Broadcast rights to the new UCI series have been assigned to Insider TV, the event production arm of freesports video specialist, Chilli Media, which is HQed in London and has a hi-tech 'bed-and-edit' suite in Penzance.
News satellite uplinks and highlights will be made available from Insider TV on a rights-free basis to global news stations, agencies and sports magazine shows.
A broadcast rights free video news reel featuring likely highlights of the UCI BMX Supercross series is available from Insider TV.