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Why formula 1 stopped in india. And the reason for the f1 to move out of india was beaurucrary. Taxation issues and bureaucratic hurdles have largely been held responsible for the absence of india from the formula 1 calendar but the financial troubles of promoters jaypee group has been. Taxation issues and bureaucratic hurdles have largely been held responsible for the absence of india from the formula 1 calendar but the financial issues of jaypee group added to the woes.
Enter the world of formula 1. The inaugural race was won by germanys sebastian vettel. He would participate in 10 of the 19 rounds before sakon yamamoto took his car.
Chandhok was signed by hrt for the 2010 season. This led to the indian gp being removed from the f1 calendar. As happens with most of the sports the administrative structure in india engulfed the sports which quietly started creating interest among the enthusiasts.
Chandhok was then signed to lotus as a test driver for 2011 and participated in the 2011 german grand prix where he replaced jarno trulli. There was a tax dispute between the uttar pradesh government and the fia which is the governing body of formula 1. Jaypee sports international limited is the organizer of formula one racing in india and has signed a five year contract with formula one management fom to host the championship in india.
The government didnt view f1 as a sport but as entertainment and so wanted to levy an entertainment tax which the fia obviously didnt agree to. Indias second formula one driver was karun chandhok. The indian grand prix though has not been held since then due to issues with government taxation even though the race track has a contract to hold two more races for the premier motorsport championship.
Its time to revisit the indian gp in the f1 2019 car lets see how this combo handles.
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