Press Esc to close

No Indian Grand Prix in 2015: Ecclestone

New Delhi, Aug 21, 2014, PTI 1:44 IST

Tax issues still an hindrance to its re-entry in calendar, says F1 boss

 Formula 1 boss Bernie Ecclestone has asserted that the troubled Indian Grand Prix has run out of time for a 2015 return and its organisers must settle the contractual obligations for a possible comeback in 2016 / Screen Grab
Formula 1 boss Bernie Ecclestone has asserted that the troubled Indian Grand Prix has run out of time for a 2015 return and its organisers must settle the contractual obligations for a possible comeback in 2016.

Ecclestone was hoping the race organisers, Jaypee Group, will sort out the issues with the five-year contract in time for a return next year but that has not happened yet, leaving the Buddh International Circuit (BIC) owners too little time to get the event back on track.

Usually, the FIA World Motor Sport Council ratifies the next season’s calendar in September and the final one in December.

“It is too late for 2015. We (Formula One Management and Jaypee) are looking at 2016 now and hopefully the tax issues in India will also be sorted out by then. The organisers also need to settle the existing contract before we get back.

I am expecting to see them next week,” Ecclestone told PTI from his London office.After the event was dropped for 2014, the 83-year-old had revealed that the race promoters had not complied with the contract, mainly the financial side of it. The tax and bureaucratic set-up in India has anyway made the teams and FOM uncomfortable, putting the high-profile event in further jeopardy.

As it is, accommodating India on the crowded calendar will not be easy. Mexico’s return next year after a 23-year absence makes it a 20-race event and Azerbaijan has also confirmed a deal to make its F1 debut in 2016. Russia makes its debut in October this year.

Ecclestone, however, reiterated his wish for a successful Indian Grand Prix.“As I have said in the past, we and the teams want to go back to India, irrespective of how busy the calendar is. I hope the environment for our return gets better. Until then, my message to all the F1 fans is that keep watching the sport on television,” said the British magnate.

No Jaypee official was available for comment.

Go to Top

Photo Gallery
Smokes and flame comes out from the window after a high rise office building caught fire...

Smokes and flame comes out from the window after a high rise office building caught fire...

Officials of the Pakistani Anti-Narcotic Force destroy confiscated drugs and liquor in Lahore...

Officials of the Pakistani Anti-Narcotic Force destroy confiscated drugs and liquor in Lahore...

A view of illuminated Swaminarayan temple on occasion of Diwali in Surat...

A view of illuminated Swaminarayan temple on occasion of Diwali in Surat...

Students pose after lighting oil lamps around a 'Rangoli' outside their hostel...

Students pose after lighting oil lamps around a 'Rangoli' outside their hostel...

Jammu and Kashmir Chief Minister Mehbooba Mufti celebrates Diwali with orphans in Jammu...

Jammu and Kashmir Chief Minister Mehbooba Mufti celebrates Diwali with orphans in Jammu...

Prime Minister Narendra Modi celebrating the Diwali with the jawans of the Indian Army...

Prime Minister Narendra Modi celebrating the Diwali with the jawans of the Indian Army...

President Ram Nath Kovind greeting people on the occasion of Diwali festival at Rashtrapati Bhavan..

President Ram Nath Kovind greeting people on the occasion of Diwali festival at Rashtrapati Bhavan..

Devotees queued at Dakhheneswar Kali temple during Diwali festival in Kolkata...

Devotees queued at Dakhheneswar Kali temple during Diwali festival in Kolkata...

CPI(M) workers chant slogans at a protest rally outside BJP headquarters in New Delhi on Tuesday...

CPI(M) workers chant slogans at a protest rally outside BJP headquarters in New Delhi on Tuesday...

Woman teachers pose with Diwali greeting messages at a school in Moradabad on Tuesday...

Woman teachers pose with Diwali greeting messages at a school in Moradabad on Tuesday...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.