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‘Sort taxation issues to bring back Indian GP’

The <g data-gr-id="24">multi</g> taxation issues have to be sorted out for the Indian Grand Prix to return, said Vicky Chandhok, who met Formula 1 ringmaster Bernie Ecclestone on the sidelines of the British Grand Prix in Silverstone.

Chandhok, a former FMSCI president who worked with both Formula One Management and promoters Jaypee Group in getting the high-profile race to India in 2011, said Ecclestone would be happy to return provided the pending tax case in the Bombay High Court is decided in their favour. “It was nice to meet Bernie again and he is happy to come back to India and race promoters Jaypee too want F1 to return.

<g data-gr-id="19">Hopefully</g> the taxation issues case will be in our favour and with the central government’s positive outlook, I do feel we will be able to get the various ministries’ support. With the global following the sport has, it is certainly positive for India if the race happens again,” Chandhok, who continues to coordinate between FOM and Jaypee, told PTI from Silverstone.

He was accompanied by his racer son Karun and Donald Mackenzie, co-chairman of F1’s biggest shareholder <g data-gr-id="16">CVC,</g> was also part of the meeting.
Agencies

Agencies

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