[QODLink]
Sport
India agrees to stage F1
New Delhi looks set to host a Formula One Grand Prix from 2009.
Last Modified: 14 Jun 2007 14:01 GMT

Formula One: Coming to New Delhi [GALLO/GETTTY]

The Indian Olympic Association has reached an agreement with Formula One boss Bernie Ecclestone to stage a Grand Prix in New Delhi from 2009.
 
The agreement is preliminary and conditional on having a venue approved by F1, said IOA president Suresh Kalmadi on Thursday.
 
"We have bagged a F1 championship for India," Kalmadi said.
New Delhi does not currently have a motor racing track, but Kalmadi said the IOA, together with the government, would build in or near the Indian capital.
 
He ruled out a street race.
While F1 is not an Olympic event, the IOA is keen to bring as many major sporting events as possible to New Delhi ahead of the city's staging of the 2010 Commonwealth Games.

He said the executive council had ratified the preliminary memorandum
of understanding with Formula One Management (FOM).

The letter from FOM to Kalmadi stipulates the IOA must sign the contract and submit financial guarantees for the event by Sept. 30, 2007.

Source:
Agencies
Topics in this article
People
City
Organisation
Featured on Al Jazeera
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Featured
Students kept from using screen-based technology for five days showed improvement in recognizing emotion, US study says.
Frustration grows in Kiev as pledges to end corruption and abuse of power stagnate after Maidan Square protest.
Thousands of Houthi supporters have called for the fall of Yemen's government. But what do the Houthis really want?
New ration reductions and movement restrictions have refugees from Myanmar anxious about their future in Thailand.
US lawyers say poor translations of election materials disenfranchise Native voters.
join our mailing list