HRT Formula One driver Narain Karthikeyan of India drives out of the pit lane during the first practice session of the Indian F1 Grand Prix at the Buddh International Circuit in Greater Noida, on the outskirts of New Delhi, October 26, 2012. PHOTO: REUTERS
MUMBAI: India’s motor sports federation is optimistic that the tax problems that have jeopardised the country’s Formula One race will be resolved and the home Grand Prix will be back in 2016.
Formula One commercial supremo Bernie Ecclestone said Wednesday that the Buddh International Circuit near New Delhi will not be hosting a race next year after being dropped from the 2014 championship.
The Federation of Motor Sports Clubs of India (FMSCI) is waiting for a final clearance from the sports ministry for recognition as a national sports federation and hopes that will pave the way for the race’s return.
“It’s unfortunate, but once the government gives the recognition, I am very hopeful that Mr Ecclestone’s concerns regarding the issue, will be satisfied,” Akbar Ebrahim, the chairman of racing at FMSCI, told Reuters on Thursday.
Published in The Express Tribune, March 7th, 2014.
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Yes, cricket stadia, hockey astro turfs, athletic stadia, swimming pools, tennis and squash courts, golf courses are all waste of money. Chinese have invested unbelievable amount of money in sports that they have many international tournaments running in selected sports. If they have not thought of a Formula One track until now, they may come up with one if they have passion for motor sports.
It's interesting that the Chinese, who are far richer than the Indians, don't have an F1 team yet. Maybe they consider it a waste of money?