Tuesday, November 20

India seems to be hooked to car racing.

Formula 1 has been growing hugely in popularity. The Indian GP announcement has already sparked an explosion of further interest to rival that of the traditional sport — cricket which is still by far the favorite Indian sport.
Formula 1 chief Bernie Ecclestone has confirmed reports that India will get its own Grand Prix race starting in 2010. The Indian firm Jaiprakash Associates and its JPSK Sports Private subsidiary have inked a 10-year deal with Formula 1 under which they will build a race circuit in the metropolitan area of India's capital city.
After finalising the track for Formula One Grand Prix in Greater Noida, the government is planning to lay a 15-km racing track in Madhya Pradesh. The track will be one of the largest in the world to host Grade-II races like Grand Prix 2, A1 and Formula V3.

The first Indian driver, Narain Karthikeyan, came to Formula 1 racing on the Jordan-Toyota team in 2005, and the Spyker team was purchased by Indian liquor magnate Vijay Mallya and is now known as Force India. And Indian GP2 driver Karun Chandhok made his test-driving debut in Spain, driving for the Red Bull Racing F1 team.

The state government will not only earn revenues by holding the racing events in the form of corporate advertisements but promote tourism aswell .MP could become the most favourite destination for racing events after Delhi. Probably it an become the favourite in Asia after Japan and Singapore.

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