Belfast Telegraph

Thursday 18 September 2014

India is still on schedule for Formula One grand prix

Formula One boss Bernie Ecclestone

Formula One supremo Bernie Ecclestone is adamant the Indian Grand Prix will go ahead as planned in 2011.

Doubts have been raised of late, notably due to exchange control issues as India's sports ministry refused to release £22.5million to Ecclestone's Formula One Administration as part of the deal.

However, Ecclestone has confirmed he will be in India in October to lay the foundation stone for the Hermann Tilke-designed circuit to be built in Greater Noida, south east of New Delhi.

“We are waiting for the circuit to be constructed, but it's been on for a long time,” Ecclestone told the Press Trust of India.

“There's never been any doubt.

“The contract was signed a long time back.”

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