Skip to main content

Future of gautam budh circuit......

The Indian GP has completed three races out of the five-race contract ever since its launch in 2011; however, it now seems that India will not be witnessing the 300 km/hr action anytime soon at the Buddh International Circuit. Formula One boss Bernie Ecclestone confirmed that the motorsport event will not come back to the country in 2015, while India was off the F1 calendar this year as well. The problems cited for F1 to shy away from the country are the taxation issues and the bureaucracy that have left the teams and the F1 management in bitter taste.
Considering that Formula One is classified as entertainment rather than a sport in India, it leads to different taxation norms. Moreover, the considerable bureaucracy involved governing the import equipment has also been an obstacle for hosting F1 motorsport event. Organizers Jaypee Sports International Limited’s (JPSI) financial issues have also been a hindrance in the overall development of F1 in India. JPSI has to pay a race hosting fees in excess of $40 ,illion to the Formula One Management (FOM), as well as Rs. 10 crore each year for the National Sports Development Fund, the customs duty on behalf of the FOM and the teams in the BIC paddock during the race.
JPSI is trying to receive some consideration from the government that will make it easier for them to organize the motorsport event. Ever since its launch in the country back in 2011, the overall attitude from the government towards F1 has been the same. The fact that Formula One is not even a recognized sporting event in the country speaks volumes about how the government is treating the world famous event. Akbar Ebrahim, chairman of the Indian motorsports governing body FMSCI have already submitted the needed documentation required to gain recognition from the sports ministry and said that the dialogue process will only commence once the general elections are over later this year and the new government comes to power.
The sports ministry needs to understand that the iconic F1 event will have a huge influence on the national motorsport scene right from the grass root level. Race car drivers compete for winning a trophy in the end and go through intensive training programs making them athletes. Motorsport in general includes biking, off-roading, rallying as well as F1 which will give a huge exposure to aspirants in the country.
As for now a double edged sword is ready to fall on the fate of the Indian GP, however, Bernie Ecclestone also suggested that if things fall into place, F1 could make a comeback to the country in 2016. Well, not much is lost as of now and there certainly is hope to witness the adrenaline filled action from the Grand Stand. The government also needs to realize that events like F1 provide global exposure and reach which is essential for putting our country on the world map.
comment your views......
Labels:

Comments

Post a Comment

Popular posts from this blog

BMW confirms production of X7 SUV for 2016

We had revealed earlier that luxury carmaker  BMW  has plans to expand their manufacturing plant in Spartanburg, US, to build their new X7 SUV.  BMW  has now officially confirmed the same. This announcement was made by Norbert Reithofer, CEO,  BMW  AG at Spartanburg plant's 20 years celebration event. The X7 will be the biggest SUV manufactured by BMW, and the production of the same will begin in 2016.  BMW hasn’t revealed much about the model, but we expect it to be a seven-seater SUV. The X7 will be based on the extended platform of the X5 and X6 SUVs. Unlike the X5, which is also available with four-cylinder engines and in rear-wheel-drive configuration, the X7 is expected to be offered exclusively with six- and eight-cylinder engines and in all-wheel-drive only. Plug-in hybrid technology will also feature in some variants. BMW plans to boost the annual production at the Spartanburg plant by 50 per cent, thus increasing the number...
Post a Comment
Read more
The new Audi S1 received its public debut at the Geneva motor show this week. The launch of the three-door S1 and the Sportback means Audi has kept its promise to turn the limited-edition A1 quattro into a fully fledged series-production model. The S1 will be powered by a turbocharged 2.0-litre, four-cylinder petrol engine, which delivers 228bhp and 37.7kgm of torque. That’s 24bhp less but 2.07kgm more than the older ‘EA113’ turbocharged 2.0-litre petrol engine used in the A1 quattro which was produced in limited numbers in 2012. The S1 will come with a six-speed manual transmission in the UK, plus a Haldex-style multi-plate-clutch four-wheel drive system. An electronic differential lock has been incorporated within a two-stage electronic stability control system to limit wheelspin and further enhance traction. Audi quotes a 0-100kph time of 5.8sec for the three-door S1 and 5.9sec for the heavier five-door S1 Sportback. Top speed for both is limited to 250kph.  #genevamot...
Post a Comment
Read more
A heat exchanger is a specialized device that assists in the transfer of heat from one fluid to the other. In some cases, a solid wall may separate the fluids and prevent them from mixing. In other designs, the fluids may be in direct contact with each other. In the most efficient heat exchangers, the surface area of the wall between the fluids is maximized while simultaneously minimizing the fluid flow resistance. Fins or corrugations are sometimes used with the wall in order to increase the surface area and to induce turbulence. Common appliances containing a heat exchanger include air conditioners, refrigerators, and space heaters. These devices are also used in chemical processing and power production. Perhaps the most commonly known heat exchanger is a car radiator, which cools the hot radiator fluid  by taking advantage of airflow over the surface of the radiator. There are three primary flow arrangements with heat exchangers: counter-flow, parallel-flow, and cross-flow...
Post a Comment
Read more