Indian GP promoters didn’t comply with contract
- “The Indian GrandPrix promoters are unable to fulfill the contractual obligations of the 5 year deal,” says Formula 1 boss Bernie.
- Jaypee Group promises to solve the issue with the Formula One Management (FOM).
- The uncertainty over returning of the race to the Buddh International Circuit (BIC) was owing to the tax and bureaucratic problems.
- Formula 1 boss wants the race to take place if the general financial conditions can improve & bureaucratic & tax issues can be solved.
- Formula One in India