Press Esc to close
Sunday 21 September 2014
News updated at 5:18 PM IST
Weather
Max: 27.1°C
Min : 20.1°C
In Bangalore
Sunny day

Bernie hints at return of Indian GP

New Delhi, April 30, 2014, PTI:

Formula 1 boss Bernie Ecclestone promised the return of Indian Grand Prix in 2015 provided the race promoters, Jaypee Group, fulfill the financial requirements of the existing five-year contract.

Ecclestone told PTI from his London office that he is expecting a meeting with the Jaypee officials soon to sort out the contractual matters which has put the future of the race in doubt after it was dropped from the 2014 calendar.

“It is all very clear. They just need to come here (London) and sort out the existing contract. Though the race promoters have not said when they will come over, we are constantly talking and they look very eager to get the race back. I am also confident that all financial issues will be sorted out and India will be back on the calendar,” said Ecclestone, making it amply clear that India’s rigid tax and bureaucratic set-up were not the only hurdles facing the race.

Jaypee Sports International CEO Sameer Gaur had earlier said that he would meet Ecclestone in April to work towards getting the race back next year.


Though no Jaypee official was available for a comment, the meeting between Formula One Management and owners of Buddh International Circuit is likely to be held post the outcome of the general elections on May 16.

Gaur had also said last month that he expected more support from the next government at the centre.

The history shows it is tough for a race to return on ever-crowded calendar but Ecclestone said he will “make space” for India after the important issues are resolved.

“As I have said in the past, India is an important market for Formula One. I really want to see the race return,” said the 83-year-old. The F1 Czar had also made it clear earlier that Jaypee will have to give financial guarantees for the remaining two races of the contract.

Go to Top

Photo Gallery
Amitabh Bachchan attends a “Kaun Banega Crorepati” event in Mumbai ...

Amitabh Bachchan attends a “Kaun Banega Crorepati” event in Mumbai ...

Gold medal winner India's Jitu Rai poses at the medal ceremony of Men's 50M Pistol shooting ...

Gold medal winner India's Jitu Rai poses at the medal ceremony of Men's 50M Pistol shooting ...

India's Heena Sindhu  during 10M Air Pistol Women's team qualification shooting ...

India's Heena Sindhu during 10M Air Pistol Women's team qualification shooting ...

Dalai Lama during inaugural speech at two-day meeting of Diverse Spiritual Traditions of India ...

Dalai Lama during inaugural speech at two-day meeting of Diverse Spiritual Traditions of India ...

John Abraham along with Spanish football player Joan Capdevila during a press conference in ...

John Abraham along with Spanish football player Joan Capdevila during a press conference in ...

India's badminton player P V Sindhu play a shot against Thailand's Buranaprasertsuk ...

India's badminton player P V Sindhu play a shot against Thailand's Buranaprasertsuk ...

ITC Chairman Y C Deveshwar meets Prime Minister Narendra Modi to hand over a cheque for  ...

ITC Chairman Y C Deveshwar meets Prime Minister Narendra Modi to hand over a cheque for ...

India's P C Thulasi plays a shot during the Quaterfinal match of women's singles badminton ...

India's P C Thulasi plays a shot during the Quaterfinal match of women's singles badminton ...

Two stray dogs on a pipe in a flooded locality on the outskirts of Srinagar ...

Two stray dogs on a pipe in a flooded locality on the outskirts of Srinagar ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Bollywood actor Farhan Akhtar at the launch of Coca Cola Zero in New Delhi ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523