Like most F1 races, Indian GP will need government funding to return

Indian Grand Prix promoter Jaypee Sports Int'l CEO Sameer Gaur said that F1's return to the Buddh Int'l Circuit in '15 "will depend on how the next central government treats the sport," according to IANS. Gaur said that he will meet F1 CEO Bernie Ecclestone next month "in his bid to get the race back next year after it was dropped from the 2014 calendar owing to bureaucratic and tax issues faced by the stakeholders."

Ecclestone said earlier in the month that "he wanted financial guarantees from Jaypee Group for the race to see out its five-year contract." Gaur "was confident that he would convince Ecclestone for a round next year, but in the long run the government support to the event was a must." Gaur: "We made this facility for F1 and we will try everything for the race to stay here. The government needs to realize F1's potential and embrace the sport." IANS

Social Media Auto Publish Powered By : XYZScripts.com