A newly established task force led by NITI Aayog's Yugal Kishore Joshi is evaluating the nation's domestic racing infrastructure and past policy hurdles to revive the Grand Prix. The original races ceased after the 2013 season following fierce disputes over whether the competition should be classified as sport or commercial entertainment. This tax classification culminated in a 2017 Supreme Court ruling that established local tax liabilities for commercial rights holder Liberty Media. Task force members now plan to craft operational reforms that accommodate the country's rapidly growing fan base of nearly 100 million people.
Key points
Government officials are actively assessing past regulatory failures to build a sustainab…: Government officials are actively assessing past regulatory failures to build a sustainable operational framework for international motorsport events.
Resolving historical tax classification disputes between sport and entertainment remains…: Resolving historical tax classification disputes between sport and entertainment remains essential to ensuring the championship can legally and viably return.
Leadership from NITI Aayog will review broad domestic infrastructure needs alongside oper…: Leadership from NITI Aayog will review broad domestic infrastructure needs alongside operational clearances to advise ministers on required policy reforms.
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NEW DELHI: Sebastian Vettel won the 2013 Indian Grand Prix, completing a hat-trick of victories at the Buddh International Circuit. It was also the day he sealed his fourth Formula 1 world championship. However, it turned out to be India's last Formula 1 race.
The Indian Grand Prix ran for three years, from 2011 to 2013, but the race was suspended in 2014 and later disappeared from the calendar amid a tax dispute.
Thirteen years later, the government has put Formula 1 back on its agenda.
The Sports Ministry has formed a task force led by NITI Aayog's Yugal Kishore Joshi to work on the revival and development of Formula 1 and motorsports in India. The task force will assess the motorsports ecosystem, review the challenges that affected the sport in the past, and examine the feasibility of hosting a Formula 1 race, with a target of a possible return by 2028.
But before India can look at a new Grand Prix, there is a question from the previous one that still needs answering: why did F1 leave India after…
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