The 2011 Indian Grand Prix has hit a roadblock with the promoters of the event failing to get the government nod for remitting the money they owe to the UK-based Formula One Administration.
Indian Grand Prix organisers have promised affordable tickets and tight security to deal with anything from terror threats to stray dogs when the Formula One race makes its debut next year. The circuit is being built 35 km outside New Delhi by industrial conglomerate the Jaypee Group, with a race pencilled in for October 2011.
India's hopes of hosting a Formula One Grand Prix in 2011 are on track despite exchange control obstacles, according to Force India team owner Vijay Mallya.
Construction of India's Formula One track would not be affected by the global financial meltdown and it would be ready for its inaugural race in 2011, according to the head of the construction company building it.
The 2011 Indian Grand Prix, which seemed to have hit a road block, is back on track with the organisers dispelling fears of a delay in the country's tryst with its first Formula One race.
India's government believes hosting a Formula One race will have no impact on the development of sport in the country, local media reported on Tuesday.