Business Ideas

Indian Grand Prix would boost motorsports: Mallya

With Formula One Supremo Bernie Ecclestone giving a categorical assurance that the Indian Grand Prix is very much on, Force India Chairman Vijay Mallya today said the 2011 race would be a huge boost both for motorsports and the outfit he owns. - Formula One to focus on India, track foundation in Oct - Jet-Kingfisher pact yet to gather momentum: Goyal - Kingfisher to raise up to Rs 450 crore - Gill, Mallya differ widely over Formula One - Kingfisher Airlines to raise $100 mn - Gill, Mallya in verbal war on Formula One Reacting to Ecclestone"s interview to PTI in which the F1 chief dismissed speculation about the race following Sports Ministry"s refusal to acknowledge it as a sport, Mallya said the Indian Grand Prix was just what the sport needed. "The Indian Grand Prix will be a huge boost for both F1 and Force India," Mallya told PTI over phone. "Formula One already has great following in India and it would only increase after the 2011 race," he said. The liquor baron also took the occasion to make it clear that Giancarlo Fisichella, who earned the team"s first pole position and podium finish in Belgium, was not going to Ferrari, as is being rumoured. "These are all rumours. We have not been approached by anybody and I would not want to comment on such speculation," Mallya said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
State to tie-up with private healthcare institutions
The state health and family welfare department is looking to forge partnerships with the healthcare institutions in the private sector.
Popular Articles
payday loans online

ABC Paper shelves plan to set up new plant
Punjab-based ABC Paper has put on hold its plan to set up a new agro-based facility with an investment of Rs 1,000 crore in view of sluggish demand and said it would rather stabilise existing operations.
Polygraphy
Expansion of Essar's Vadinar refinery on schedule
Essar Oil is on track to complete expansion of its facility at Vadinar refinery in Gujarat to 16 million tonnes by December 2010, brokerage firm IDFC-SSKI said in its report on the firm while putting a price target of Rs 194 on its stock.