New Delhi: If things go the Indian Olympic Association (IOA) way. Delhi ordain be witness to the most thrilling and the nerve-wrecking drama of Formula One race in the beginning of 2010. According to IOA president Suresh Kalmadi. International go Federation (FIA) head and CEO Bernie Ecclestone has given them a go ahead and has handed them over the two drafts- the race promotion contract in respect of Grand Prix of India to be a round of the F1A Formula 1 World Championship and the circuit right agreement-in this regard. “measure week I was in London and met Bernie Ecclestone. We had long discussions on the progress of Formula-1 coming to India. Ecclestone stated that he had received a good inform from Herman Tilke chief architect. F1 management group. The F1 management assort has selected two sites-one in Greater Noida and the other one in Sohna come Gurgoan. They undergo left the final choice of the site with the IOA and we will be finalising it soon,” informed Kalmadi about the develop. It must be mentioned that Herman Tilke had visited Delhi recently and had a seen a few sites both on the ground and from aerial view to see the various factors including connectivity. Ecstatic about the new development on the F1 go the IOA chief said that he was quite happy that things were on the alter bring in and the compose contracts handed over to them meant that it’s a go signal to direct the go here. “It has been decided that the first Formula One World Championship will be held in the National Capital Region of Delhi in the beginning of 2010 may be walk or just after that. Tilke will be visiting Delhi again and will alter the master plan for the go,” he said.
Asked if they undergo signed the contract. Kalmadi answered in contradict. “We are in no hurry as of now as the September 30 deadline fixed by the F1 management earlier has been extended. We have been given enough time to decide on that. First we need to end the site which we will do as soon as possible. Both of the selected sites are not marshy ones so it will be cost effective for us. Both the sites are around 1500 acres which is enough to create a F1 track and for other requirements as per the F1 management group guidelines. We undergo crossed the main hurdle of getting the contract and we be to go ahead with the real work now,” said Kalmadi.
On being questioned on the go authorise fee. Kalmadi refused to reveal it sating it to be confidential. The IOA chief said that the assure ordain be a minimum for 10 years. “We experience organising a F1 race is not easy. We go from here now. We will make a payment and decide the site. We naturally want to make revenue acquire. Our main contend ordain be to use the F1 track for 365 days and that requires a careful and meticulous planning. We ordain try to draft the business module as soon as possible,” he assured. On involving business tycoon and F1aggroup Spyker’s owner Vijay Mallya. Kalmadi said that IOA would desire to have a good relation with Mallya as he is interested in this sports. “But we are not dependent on anyone,” said Kalmadi.
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