India to host first Grand Prix in New Delhi in 2010 15 Nov 2007
Bernie Ecclestone has today confirmed that after much speculation a contract has been signed this week with JPSK Sports Private Ltd, a subsidiary of Jaiprakash Associates Limited, to stage the first ever Formula One Grand Prix in India, to be held in The National Capital Region of New Delhi in 2010.
Michael Taub, who has been the driving force behind the project to bring F1 to India for the past ten years, has finally succeeded, along with Mr Sunder Mulchandani, in bringing this major event to a country of over a billion people.
Mr Manoj Gaur, the Chairman and CEO of Jaiprakash Associates Limited, and his brother Mr Samir Gaur, Managing Director of JPSK Sports Ltd, are very excited with being involved with the major brand of F1 and see this as being a huge attraction in India.
Bernie Ecclestone said: India has always been known for its love of cricket, but F1 has been growing hugely in popularity in recent years as the viewing figures would suggest. Now with Vijay Mallyas team, Force India, and the news that Karun Chandhok could soon be driving in F1, the announcement of the future Grand Prix in India will spark an explosion of further interest to rival that of the traditional sport.