News Details

Future of Indian F1 Grand Prix is getting bleak

Vettel is the only F1 driver to have won the Indian GP. Here he is seen bowing in front of his car after winning the 2013 Indian GP The return door to India Grand Prix seems to have closed for formula one. Three Indian grands prix were held near Delhi until 2013, when bureaucratic hurdles ended the deal. And now, those bureaucratic hurdles seem higher than ever before, with India's supreme court ruling that that the sport owes the government millions in tax. 'We have held that (F1 has) income that is attributable in India (and) will be taxed. The amount that is to be taxed is to be assessed by an assessing officer,' the judges ruled. Local reports said India is seeking 40 per cent of the...
Full Story »
7y ago from ThisIsF1.com 0
Share

You May Also Be Interested In...

Top Ten Tuesday: Most Grands Prix before first F1 win

Valtteri Bottas secured his first Formula One victory at the Russian Grand...
7y ago from FormulaSpy.com

Russian Grand Prix: Top three press conference

  Full transcript from the top three press conference held after the...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou tops busy final Indy 500 test day

The NTT IndyCar Series wrapped up a two day test session on Thursday,...

Larson, Sato crash in high-boost Indy 500 test session

The second day of IndyCar’s Indy 500 open test opened with qualifying...

Popular On TotalWRC.com

Rovanperä rampages through Islas Canarias

With just the super special stage remaining on Saturday, Kalle Rovanperä...
14h ago from MotorsportWeek.c...

Kalle in command of Rally Islas Canarias

Kalle Rovanperä and Jonne Halttunen dominated the opening day of Rally...

Popular On GunnersToday.com

80m bid prepared: Arsenal increasingly expected to...

Arsenal are reportedly set to try offering as much as 80m to win the race...
1h ago from CaughtOffside.com

Preview: Arsenal vs. Paris Saint-Germain - prediction,...

Sports Mole previews Tuesday's Champions League clash between Arsenal and...
1h ago from SportsMole.co.uk

PSG lineup vs. Arsenal: Predicted XI for Champions...

Sports Mole takes an in-depth look at how Paris Saint-Germain could line...
1h ago from SportsMole.co.uk

Arsenal lineup vs. PSG: Predicted XI for Champions...

Sports Mole takes an in-depth look at how Arsenal could line up for...
1h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.