A new international sports competition that allows its athletes to take performance-enhancing drugs is the Olympic Games for the modern world, according to its organisers.

Australian businessman Aron D’Souza hopes to stage the first-ever Enhanced Games in December of this year.

On Newstalk Breakfast this morning, he said ‘thousands’ of athletes have expressed interest in taking part in the games, “many of whom” are competing at the Paris Olympics this summer.

He claimed that the athletes are waiting to compete in Paris before announcing their participation.

In the meantime, Australian Olympic medal-winning swimmer James Magnussen is the biggest name on the Enhanced Games roster.

Enhanced Games

Mr D’Souza said the Enhanced Games is simply the third iteration of the Olympics.

“Remember the Olympics started in ancient Greece, they were reinvented in 1896 for an era of empire and colonialism and now we're reinventing them for the 21st century for an era of science and of technology,” he said.

He said a huge amount of Olympic athletes are already taking drugs – and his event simply does it out in the open.

“The science is actually very well established,” he said.

“According to research funded by the International Olympic Committee, 44% of athletes at the Olympics or in World Championship sporting events have used banned performance-enhancing drugs within the last year, yet only 1% get caught.

“The drug testing just doesn't work.

“So in fact, we're really not even adding performance-enhancing to the Olympics. We are really just doing it all out in an open and honest, transparent format.”

'It's not cheating at all'

Mr D’Souza said the reality is that many top athletes are already taking performance-enhancing drugs – insisting his event is a “fairer and more level playing field”.

“It's not cheating at all,” he said. “It's a fair and open [competition].”

The Australian businessman said the event will help humans “overcome the limits of our biological forms”.

“If you look at the technologies that have been used to advance world records - the springy shoes on the track and the super suits in the pool - science is real,” he said.

“It's a part of our everyday life and it's a way to improve human performance.

“I think it's a really powerful message to the world to say that science is here and science can make us better human beings and we can overcome the limits of our biological forms.”

Yesterday, the Australian Sports Commission chief Kieren Perkins warned that athlete’s lives could be put at risk by the games.

He labelled the idea “laughable” and warned that “Someone will die if we allow that sort of environment to continue to prosper and flourish”.