Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Yugal Kishore Joshi, to explore the revival of Formula 1 in India. The committee will assess challenges, identify policy interventions, and develop a roadmap to potentially host a race by 2028, addressing issues that led to its discontinuation after 2013.
India's Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Niti Aayog's Yugal Kishore Joshi, to assess the feasibility and challenges of reviving Formula 1 in the country. The committee aims to develop a roadmap for India to host a Grand Prix by 2028, focusing on sustainable growth, policy interventions, and addressing past issues like taxation. The Adani group, owners of the Buddh International Circuit, will also be involved.
India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.
The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.
Tamil Nadu Chief Minister C Joseph Vijay has announced the establishment of a world-class Tamil Nadu Olympic City in Chennai, featuring advanced sports arenas, training centres, and accommodation.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.
'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'
Formula One could take another twist in Austria this weekend after Lewis Hamilton ended Mercedes' dominant run with his breakthrough first win for Ferrari in Spain.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
Banking services, particularly at public sector banks across India, were impacted by a nationwide strike called by the United Forum of Bank Unions (UFBU) to demand the immediate implementation of a five-day workweek and resolution of pending wage-related issues.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.
Eleven-year-old Indian racing prodigy Atiqa Mir demonstrated exceptional talent by securing pole position in the Champions of the Future Academy Program Round 3 in Viterbo, Italy, out-qualifying two Mercedes F1 junior drivers.
The team, who became Force India in 2008 after Indian beer baron Vijay Mallya bought Spyker F1, were taken over in August by Canadian billionaire Lawrence Stroll after going into administration.
AI-driven job disruption, rising debt, shrinking savings and a changing global economy are reshaping India's middle class. Saurabh Mukherjea discusses jobs, entrepreneurship, investing and the future of India's economic growth on THE REDIFF PODCAST.
Second-tier Formula One teams Sauber and Force India lodged official complaints with the EU's competition regulator, alleging that the sport's governing body mismanages prize money.
Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.
The once promising YRF Spy Universe, which delivered Bollywood's first Rs 500 crore grosser with Pathaan, is now grappling with an uncertain future as recent releases like Alpha and War 2 fail to ignite the box office.
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
Force India has been re-named Sahara Force India after the Sahara Group bought stake in the Vijay Mallya-owned Formula One team. As per the agreement between the parties, Sahara Group and Mallya's UB Group will have 42.5 percent stake each in the team.
Spaniard Daniel Juncadella will be Force India's Formula One reserve driver this season while also competing in the German Touring Car championship (DTM) with Mercedes.
'He is 500 times better than you think he is.'
International tennis star and Indian doubles champion Mahesh Bhupati and India's Davis Cupper Rohan Bopanna visited the Force India Formula One team in Monaco prior to the Monaco Grand Prix on Sunday.
With just five races to go before the Kinetic Energy Recovery System (KERS) becomes history, Force India Formula One team has closed that option, saying it is not worth the money or hassle. Force India chairman Vijay Mallya said introducing KERS at this stage would not only upset the car's balance but also burn a hole in his pocket.
Mexican Sergio Perez and Germany's Nico Hulkenberg are staying at Force India next season, the Formula One team's co-owner Vijay Mallya told Reuters. "I can confirm that both the drivers are signed up for 2017," Mallya said at the British Grand Prix. "They are a fine pair, both absolutely top class. I've never believed in 'pay drivers' where talent or ability is compromised," he added.
Congress general secretary Jairam Ramesh has alleged that the BJP's "real and ultimate target" in seeking a two-thirds majority in the Lok Sabha is to amend the Constitution to end reservation, rather than genuinely implement women's reservation.
The Force India Formula One team will race in this weekend's Belgian Grand Prix as a new mid-season entry stripped of 2018 constructors' championship points.
Indian shooter Esha Singh credits her mental fortitude, developed after the Paris Olympics, for her recent success, including a world-record gold at the ISSF World Cup in Munich.
Media reports this week suggested that British energy drink firm Rich Energy was leading a consortium seeking to purchase the Silverstone-based team for 200 million pounds ($278.66 million).
Ashok Lahiri, a distinguished economist with experience in government, the private sector, and electoral politics, has been appointed as the new Vice-Chairman of NITI Aayog, tasked with strengthening India's reform trajectory and policy-making.
Perez, who started eighth on the grid, finished ninth after being passed by Kevin Magnussen towards the end of the 56-lap race.
The new Force India car, equipped with Mercedes engine and McLaren gearbox, will be unveiled in Spain early March, team owner Vijay Mallya said in New Delhi on Sunday.
Vaibhav Sooryavanshi's coach, Zubin Bharucha, sees similarities between the young cricketer and a young Sachin Tendulkar, highlighting Sooryavanshi's ability to grow, his bat speed development, and his maturity and clarity.
Force India's Sergio Perez has said he is yet to decide if he will drive for the Formula One team next season.
Force India's first day of winter testing was marred by red flags and spins from both drivers raising questions about the car's stability.
The Force India Formula One team vanished from television screens for the second day in a row at the Bahrain Grand Prix on Saturday, triggering speculation that they had been punished for pulling out of Friday practice.
Pune Warriors' coach Allan Donald assists Force India's Formula One drivers Paul di Resta and Adrian Sutil in the Speed Challenge.
Troubled business tycoon Vijay Mallya, on Sunday, asserted that his stepping down as chairman of the United Spirits Ltd will not affect his control in Formula One team, Sahara Force India.
If TVK MLAs and ministers are perceived as clean, or demonstrably cleaner than their predecessors, the credibility dividend will be enormous. The voter will feel rewarded, points out Ramesh Menon.
Force India F1 team continued making solid progress when it completed another trouble-free day of testing in Barcelona.
Italian Giancarlo Fisichella says he joined the Force India Formula One team because he likes a challenge. 'I had other options at the end of the last season. (But) this was the best.'
