Channel NewsAsia
AsiaPac · 2 hrs ago
India moves to bring Formula One back to the country
NEW DELHI, July 17 : India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.The Indian GP debuted in 2011 but was dropped after its third running in 2013 following regulatory and taxation disputes.Sports Minister Mansukh Mandaviya recently met stakeholders, including prospective track owners the Adani Group and representatives of the country's motorsports federation, and said a task force would be set up to revive the race.Navigating the complex tax and regulatory issues would feature high on the panel's agenda, a source in the ministry told Reuters. "The task force will examine the challenges affecting the revival and growth of moto
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