India On Track For Her First Grand Prix

India On Track For Her First Grand Prix
 

India On Track For Her First Grand Prix

Jul 18, 2008

India On Track For Her First Grand Prix

The news is quite positive,” the drinks and aviation billionaire, who is also chairman of the Motorsports Association of India (MAI), told a news conference at the German Grand Prix.

“I happened to be having lunch with the CEO of one of India’s biggest banks and he confirmed that they had sanctioned a facility to the developer of the Indian track,” he added.

“He has actually bought the land and on October 1 construction of a brand new track will begin.

“So for the first time now I think I feel very confident to be able to say to you that there will be a brand new track and that we will have our first grand prix in 2010. It’s just outside New Delhi,” said Mallya.

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