The document discusses the potential benefits and costs of hosting a Formula 1 race in India. It notes that while Formula 1 racing is expensive, it can generate substantial revenue from ticket sales, tourism, and broadcasting rights. However, it may require converting agricultural land, displacing local communities, and exposing Indian culture to unwanted Western influences. Overall, the economic and social impacts are complex, and the opportunity costs of using land for a race track versus agriculture must be considered carefully.
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Formula 1 impact
1. he greatest benefits of having Formula 1 race would be to gain international recognition and promote
India. Besides the publicity, such an event would draw, the country would benefit in many ways. India
could learn from the technology related to engine design and production. But the main aim for having a
Formula 1 race in India is to bring in revenue from foreign countries.
There will be many critics who will feel that the Formula 1 circuit will not contribute to a healthier Indian
economy as it will burden the country as US$120 million was invested on a racing track alone. Moreover
it is undeniable that the Formula 1 and the Grand Prix are expensive sports. Each track that wishes to
hold the GP will have to pay US$10 million a race.
Although the sport is expensive but revenue generated by it is also huge. As many say, Formula One is
that giant vacuum cleaner that sucks up money at an alarming rate but also brings in annual revenue of
more than US$270 million. Typically in a Grand Prix event some US$12 million is invested in advertising
and promotions, and marketing for the event .The business community of the city where the Grand Prix
event is held generates an income close to US$60 million. Even the official caterer for the Grand Prix
makes around US$6 million in profit, catering to some 300,000 spectators who turn up throughout the
days of the event.
Through ticket selling alone, the expected sales generated from just the grandstand tickets are about
US$13 million. There is also some 60,000 passes ranging from US$66 and US$131 for the natural stand
which can be offered through several international ticketing agents in Europe and other countries across
the world. In order to boost ticket sale , the Indian circuit should have ticketing agents in several
countries in Europe , Asia and some countries in North and South America.
Other than targeting the Indian circuit to just the Formula 1, the circuit can also target hosting other
events like the Motorcycle Grand Prix (now called as Motogp)and various other forms for motorsport
which are held every year throughout the world, but for this the circuit has to be designed and build in
such a way that it should be suitable for any kind of motorsport, ranging from go-kart to Formula 1
Grand Prix to Motorcycling Grand Prix. Circuit authorities can also charge commercial companies that
are interested to shoot advertisement at circuit. In the future the circuit can be given to various teams
on rent for the testing of their racing cars which are usually during winter. For example Paul Richard
Circuit in France, Valencia in Spain are very popular among Formula 1 teams for their winter testing
program.
No doubt that they sound like some big money making schemes but there will also be heavy fixed
operating cost incurred which will increase burden to the circuit authorities.
Another great way to generate revenue was through broadcasting and advertising. The Formula 1 event
was the second most watched after the Olympics in terms of followers. There are 2.5 billion people
watching each of its 17/18 races and research shows that 64 per cent of Formula 1 home viewer are in
Asia. Broadcasting and advertising rights as the event was estimated to have reach 200 million people
worldwide. But the race was televised live to 130 countries with an estimated 350 million viewers. For a
2. good one and half-hour, all eyes will be on our country.
If we work out the advertising cost of one minute on TV and multiply it by 90, we can get some idea of
advertising value this circuit will give. Indian circuit will be able to bring in more sponsors as most of the
tobacco companies are restricted from advertising in several European nations. This is true to some
extend. The event have a lot of viewer, but the broadcasting rights will not controlled by the Indian
government but by the FIA.
Apart from giving the country worldwide exposure, there will be spin-offs for the tourism industry.
Tourism industry would greatly benefit from the race event. There will also be a lot of revenue
generated for the advertising industry. Hospitality sector will improve their status, as the auto-racing
events might bring in great effects of tourism into the country. It promotes the country not only as one
of the tourist attraction but will also attract sport lovers from all over the world.
The Government can aim to attract some 40,000 tourists for the F1 Grand Prix. For first few years the
races tickets can be made cheaper, so as to attract maximum people not only from outside India but
also from other parts of the country. Although the tickets might still be expensive for some, but the
current focus is to bring in tourists who could afford it into the country. The tickets can be sold through
various agents through out the world. There are some upper-class Formula 1 fans who are used to using
helicopter around and to meet the demand of the helicopters it has to be sourced for other countries.
More revenue can also expected from the 2,500 people who will travel with the F1 teams who would be
racing in Indian soil. There are 10 teams and each of them will bring between 150 and 250 people. These
people would likely to become tourists.
More than 100,000 people usually flock to circuit to watch the event and many of whom will be wealthy
enthusiasts who will spend a lot of money. Hotel and the hospitality industry will benefit greatly from
Formula One, Entertainment, accommodation and food for their staff.
India is becoming a global hub for most of the major technology and finance companies, so having a
Formula 1 racing in Indian will encourage more investment into the sub continent. India has a vast pool
of brain and good infrastructure which will encourage government funded mission worldwide who can
explore Formula 1 business and technology possibilities in the region, and in the future they can aim to
make India a regional center of excellence for motor sports with the cooperation of various international
motors ports industry. India can improve its automotive industry through motor sports.
This is also one way to encourage the growth of car industry and motor sports in the country. It might
also give birth to new potential athletes in motor sports racing. However it does not only benefits the
country as a center for motor sports development center but also the region as it is cheaper for foreign
teams to base themselves here. The circuit would also complement the rapidly growing automotive
industry and the need for research and development center and India can aim to develop their own
Formula 1 engine so that they would not depend on other for the technology. Not only engine
3. development but also other areas like oils, lubricants, tyres, electronic and software systems etc. will be
benefited from this kind of research program.
Once a Formula 1 race takes place in the Indian soil then government can put efforts to educate and
create awareness of the Formula 1 sport and technology among students and school children. Such
initiatives can be taken in association with any of the major automotive or related companies.
Apart from educating the students on Formula 1 and technologies , various achievements can be
highlighted in advanced automotive engineering and related fields as a result of involvement in this hi-
tech and prestigious sporting arena. This will definitely inspire more students and school children to
consider automotive engineering as one of the fields they would choose when pursuing higher
education and career, which in turn will help in the future development of the Automotive industry in
the country. This program will also cultivate and enhance interest among the young Indians in the
Formula 1 sport.
Despite all the benefits from the race circuit , there are several undeniable impacts it has on the
environment. Usually Formula 1 circuits are build at a distance from the main city and a big area of land
is required to build the facility. India being an agricultural country, so the while building a circuit many of
the agricultural lands might have to be sacrificed.
Agriculture brings a lot of revenue to the Indian economy and as such agriculture is clearly seen as more
dominant as compared to the tourism industry. The question that people have in mind is that since
agriculture is very important for Indian economy , so why would Indian government wants to turn the
agricultural land into a racing circuit and by the amount of tourist the formula 1 is bringing in, it might
not be able to justify the losses of agricultural revenue.
The government has to reallocate the people of this place who were dependent on agriculture to other
government lands in other states. Moreover the size of the land that will be needed to build the circuit
will make a up very small percentage of the total agricultural land in the country and therefore the
impact would be minimal. On top of that, through modernization, the region where the circuit will be
built and hence the races will be held will be a big revenue earner for the state and it will also bring in
international recognition to the country. Opportunity cost of using the land for Formula 1 project
instead of agricultural are not excessive.
As it changes the environment from agricultural base to a new developed town, cultures of the people
living in those area and surrounding will change. The people from those areas will have to be displaced
and reallocated to some other government lands. Some who have stayed there many years will be
forced to leave the place. But to some others who does not want to move from the place will face
unemployment. Even though there are a lot of job opportunities since so much of development will
happen due to Formula 1 racing , they will have to face with re-skilling themselves.
Secondly, there will be tremendous development in the area. There will be more schools for the
4. children's education, better hospital facilities, and more job opportunities. The government can provide
more-trading opportunities for residents by building a common markets where the farmers can market
their produce.
Thirdly, with so much of foreign sponsors coming in especially through advertising, many people are
going to be influenced. People's beliefs or principles might be affected if method of advertising is not
appropriate. Furthermore most of the Formula 1 fans are from western countries and the Indians will
get a lot of exposure from the western cultures and values. This does not imply that the western
cultures and values are negative but rather does not fit into the way of life of the Indian cultures. This
might create what is called the generation gap between the younger generations and the older
generations as the younger generations are influenced by western cultures while the older generations
are by the traditional Indian cultures. India is famous for its traditional culture and respect for the
elders.
With the Formula 1 circuit in Indian soil there will be more Indian car racers born and this might give
them a chance to fulfill their dream of racing in the pinnacle of motorsport.
Back to Top
Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World
[2]
Championship, is the highest class of single seater auto racing sanctioned by
the FédérationInternationale de l'Automobile (FIA). The "formula" designation in the name refers to a set
[3]
of rules with which all participants' cars must comply. The F1 season consists of a series of races,
known asGrands Prix (in English, Grand Prizes), held on purpose-built circuits and public roads. The
results of each race are combined to determine two annual World Championships, one for the drivers and
one for the constructors. The racing drivers, constructor teams, track officials, organizers, and circuits are
[4]
required to be holders of valid Super Licences, the highest class of racing licence issued by the FIA.
Formula One cars are considered to be the fastest circuit-racing cars in the world, owing to very high
cornering speeds achieved through the generation of large amounts of aerodynamic downforce. Formula
One cars race at speeds of up to 360 km/h (220 mph) with engines limited in performance to a maximum
of 18,000 revolutions per minute (RPM). The cars are capable of lateral acceleration in excess of 5 gin
corners. The performance of the cars is very dependent on electronics – although traction control and
other driving aids have been banned since 2008 – and on aerodynamics, suspension and tyres. The
formula has had much evolution and change through the history of the sport. Europe, the sport's
traditional base, is where about half of each year's races occur. That said, the sport's scope has
expanded significantly during recent years and an increasing number of Grands Prix are held on other
continents.
5. Formula One had a total global television audience of 527 million people during the course of the 2010
[5]
FIA Formula One World Championship. Such racing began in 1906 and, in the second half of the 20th
century, became the most popular kind of racing internationally. The Formula One Group is the legal
[6]
holder of the commercial rights. With annual spending totalling billions of US dollars, Formula One's
economic effect and creation of jobs is significant, and its financial and political battles are widely
reported. Its high profile and popularity make it a merchandising environment, which results in great
investments from sponsors and budgets in the hundreds of millions for the constructors. However, mostly
since 2000, due to the always increasing expenditures, several teams, including works teams from car
makers and those teams with minimal support from the automotive industry, have become bankrupt or
been bought out by companies wanting to establish a team within the sport; these buyouts are also
influenced by Formula One limiting the number of participant teams.
012 FIA Formula One World Championship Race Calendar
012012 FORMULA 1 QANTAS AUSTRALIAN GRAND PRIX (Melbourne) 16 - 18 Mar
022012 FORMULA 1 PETRONAS MALAYSIA GRAND PRIX (Kuala Lumpur) 23 - 25 Mar
032012 FORMULA 1 UBS CHINESE GRAND PRIX (Shanghai) 13 - 15 Apr
042012 FORMULA 1 GULF AIR BAHRAIN GRAND PRIX (Sakhir) 20 - 22 Apr
05FORMULA 1 GRAN PREMIO DE ESPAÑA SANTANDER 2012 (Catalunya) 11 - 13 May
06FORMULA 1 GRAND PRIX DE MONACO 2012 (Monte Carlo) 24 - 27 May
07FORMULA 1 GRAND PRIX DU CANADA 2012 (Montréal) 08 - 10 Jun
082012 FORMULA 1 GRAND PRIX OF EUROPE (Valencia) 22 - 24 Jun
092012 FORMULA 1 SANTANDER BRITISH GRAND PRIX (Silverstone) 06 - 08 Jul
FORMULA 1 GROSSER PREIS SANTANDER VON DEUTSCHLAND 2012
10 20 - 22 Jul
(Hockenheim)
11FORMULA 1 ENI MAGYAR NAGYDÍJ 2012 (Budapest) 27 - 29 Jul
31 Aug - 02
122012 FORMULA 1 SHELL BELGIAN GRAND PRIX (Spa-Francorchamps)
Sep
13FORMULA 1 GRAN PREMIO SANTANDER D'ITALIA 2012 (Monza) 07 - 09 Sep
142012 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX (Singapore) 21 - 23 Sep
152012 FORMULA 1 JAPANESE GRAND PRIX (Suzuka) 05 - 07 Oct
162012 FORMULA 1 KOREAN GRAND PRIX (Yeongam) 12 - 14 Oct
172012 FORMULA 1 AIRTEL INDIAN GRAND PRIX (New Delhi) 26 - 28 Oct
2012 FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX (Yas
18 02 - 04 Nov
Marina)
192012 FORMULA 1 UNITED STATES GRAND PRIX (Austin) 16 - 18 Nov
20FORMULA 1 GRANDE PRÊMIO DO BRASIL 2012 (São Paulo) 23 - 25 Nov
6. Team Constructor Chassis Engine Tyre No. Race Drivers Rounds Test/Reserve Driver(s)
, so why would Indian government wants to turn the agricultural land into a racing circuit and by
the amount of tourist the formula 1 is bringing in, it might not be able to justify the losses of
agricultural revenue. The following twelve teams and twenty-four drivers will compete in the
2012 Formula One World Championship.[21] The FIA published a provisional entry list on 30
November 2011,[22] and the grid was finalised on 17 February.[23]
Test/Reserve
Team Constructor Chassis Engine Tyre No. Race Drivers Rounds
Driver(s)
Renault 1 Sebastian Vettel[24] 1–2
Red RB8 RS27-
Red Bull P
Bull Racing 2012 2 Mark Webber[26] 1–2 SébastienBuemi[25]
3 Jenson Button[27] 1–2
Vodafone MP4- Mercedes Gary Paffett[28]
McLaren P
McLaren 27 FO 108Z 4 Lewis Hamilton[30] 1–2 Oliver Turvey[29]
Mercedes
5 Fernando Alonso[31] 1–2 Giancarlo
Ferrari Fisichella[32]
Scuderia Ferrari F2012 P
Ferrari
Type 056 6 Felipe Massa[34] 1–2 Marc Gené[32]
DavideRigon[33]
Michael
7 1–2
Mercedes
F1 Mercedes Schumacher[35]
AMG Mercedes P Sam Bird[36]
Petronas F1 W03 FO 108Z
8 NicoRosberg[37] 1–2
Team
Renault 9 KimiRäikkönen[38] 1–2
Lotus
Lotus E20 RS27- P
F1 Team 10 RomainGrosjean[40] 1–2 Jérômed'Ambrosio[39]
2012
Sahara 11 Paul di Resta[41] 1–2
Mercedes Jules Bianchi[42]
Force India Force India VJM05 FO 108Z P
12 NicoHülkenberg[41] 1–2 Gary Paffett[43]
F1 Team
14 Kamui 1–2
Sauber Ferrari Kobayashi[44] Esteban
Sauber C31 P
F1 Team Type 056 Gutiérrez[44]
15 Sergio Pérez[44] 1–2
[45]
16 Daniel Ricciardo 1–2
Ferrari
Scuderia Toro Rosso STR7 P
Toro Rosso
Type 056 17 Jean-ÉricVergne[45] 1–2 SébastienBuemi[46]
Renault 18 Pastor 1–2
Williams Williams FW34 RS27- P Maldonado[47] ValtteriBottas[47]
F1 Team 2012 19 [48]
1–2
Bruno Senna
Renault 20 HeikkiKovalainen[49] 1–2 Giedo van der
Caterham Garde[50]
Caterham CT01 RS27- P
F1 Team Alexander
2012 21 VitalyPetrov[23] 1–2
Rossi[51]
HRT
HRT F112
Cosworth
P 22 Pedro de la 1–2 Dani Clos[54]
F1 Team CA2012 Rosa[52][53]
7. VitantonioLiuzzi[55]
23 [53][56] 1–2
NarainKarthikeyan
24 TimoGlock[57] 1–2
Cosworth María de
Marussia Marussia MR01 P
F1 Team
CA2012 25 Charles Pic[59] 1–2 Villota[58]
Notes:
Drivers in italics completed Friday testing programmes at selected events.
Time[98]
und Race Title Grand Prix Circuit Date
Local UTC
Qantas Australian Grand
1 Australian GP Albert Park, Melbourne 18 March 17:00 06:00
Prix[99]
Petronas Malaysia Grand Sepang International Circuit,
2 Malaysian GP 25 March 16:00 08:00
Prix Kuala Lumpur
UBS Chinese Grand Prix Chinese GP Shanghai International Circuit, 15 April 15:00 07:00
3
Shanghai
Bahrain International Circuit,
4 Gulf Air Bahrain Grand Prix Bahrain GP 22 April 15:00 12:00
Sakhir
Gran Premio de España
5 Spanish GP Circuit de Catalunya, Barcelona 13 May 14:00 12:00
Santander
6 Grand Prix de Monaco Monaco GP Circuit de Monaco, Monte Carlo 27 May 14:00 12:00
Circuit Gilles Villeneuve,
7 Grand Prix du Canada Canadian GP 10 June 14:00 18:00
Montreal
8 Grand Prix of Europe European GP Valencia Street Circuit, Valencia 24 June 14:00 12:00
9 Santander British Grand Prix British GP Silverstone Circuit, Silverstone 8 July 13:00 12:00
GroßerPreis Santander von
10 German GP Hockenheimring, Hockenheim 22 July 14:00 12:00
Deutschland
11 Eni Magyar Nagydíj Hungarian GP Hungaroring, Budapest 29 July 14:00 12:00
Circuit de Spa-Francorchamps,
12 Shell Belgian Grand Prix Belgian GP 2 September 14:00 12:00
Spa
Gran Premio Santander AutodromoNazionale Monza,
13 Italian GP 9 September 14:00 12:00
d'Italia Monza
SingTel Singapore Grand Marina Bay Street Circuit, 23
14 Singapore GP 20:00 12:00
Prix Marina Bay September
15 Japanese Grand Prix Japanese GP Suzuka Circuit, Suzuka 7 October 15:00 06:00
8. Korean International Circuit,
16 Korean Grand Prix Korean GP 14 October 15:00 06:00
Yeongam
Buddh International Circuit,
17 Airtel Indian Grand Prix Indian GP 28 October 15:00 09:30
Greater Noida
Etihad Airways Abu Dhabi Abu Dhabi
18 Yas Marina Circuit, Abu Dhabi 4 November 17:00 13:00
Grand Prix GP
United States 18
19 United States Grand Prix Circuit of the Americas, Austin 13:00 19:00
GP November
Autódromo José Carlos Pace, 25
20 Grande Prêmio do Brasil Brazilian GP 14:00 16:00
São Paulo November
[edit] Calendar changes
Formula One will return to the United States in 2012, with the race to be held at the Circuit of
the Americas near Austin, Texas.
The Bahrain Grand Prix was moved to the end of the season after the 2011 race was
initially postponed, but later cancelled.[100]The race was scheduled for a November date
to give the government more time to ensure civil order was restored, but was later
brought forward to April.
The German Grand Prix will return to Hockenheim after the 2011 German Grand Prix
was held at the Nürburgring, in li
ntly hosted the first international formula 1 championships in India. In the middle of the hype and
excitement, I was wondering if there was any benefit to the Industry and society from such an expensive
sport.
It’s not cheap to be in formula One Race. A good example is that the ‘Budh’ International circuit built in
greater Noida cost roughly $450 Million. That is almost the yearly revenue of a mid-sized IT firm. Also
9. not to forget the hospitals and schools that can be built with that money. So why does the Auto
Industry participate in such an expensive sport?
I have realized that there are three important reasons why auto industry is involved in formula One.
Auto Engineering
Auto Engineering is most important factor. Many brands invest in formula one to come up with
innovative advances in auto engineering that can be one day put into commercial production.
British, German, American and Japanese auto companies themselves all invest heavily in racing of all
kinds for both technology and marketing reasons according to Martin Thomas a partner in an advisory
firm.
Branding
Branding is perhaps the second important factor. A few notable examples are Toyota, Honda and
PETRONAS that have got into the sport to improve their brand Perception. Recently Toyota and Honda
have pulled out but I believe they have achieved their branding objective.
Martin Thomas recalls how Volvo used Touring Car Racing in UK and Germany as a major tool in
changing perceptions of the brand from staid, family oriented safety obsessed to a more dynamic
perception for. Also Skoda used racing to move into the premium segment. In formula 1 Ferrari has been
positioning itself as a race leader in order to keep their aura of a premium sports brand intact.
Technology & Product Development
Finally new technology and product development is the third factor. Shell for example has been
associated with the Ferrari team for a long time and uses its experience from the tracks to engineer better
10. grades of automotive fuels. Similarly a Carbon fiber was first introduced in the race tracks as a light
flexible material which is now.
According to Professor Ted Leithart, Formula 1 and aerospace are two fields where new technologies are
tested. For example, Hercules he says in the late 1970s introduced a new material called carbon fiber? In
his first job after graduating in Mechanical Engineering carbon molds were used in manufacturing
ceramics and later used in house applications. In the late 80’s when Prof Leithart was with GE aircraft
engines, Carbon fiber engine air intakes and fan blades were used. Now we have Ferraris and other road
cars using carbon fiber as the basis of their frame he concludes.
Though it is an expensive sport, there is a lot of advantages in engaging in it. Whether India already
dealing with many social and health issues needs to spend that kind of money on formula 1 is a debate
which can have many conclusions. I would leave that question for the readers – Let us know what you
think!
NEW DELHI: The venue for the first Formula One Grand Prix in India has been named the 'Buddh
International Circuit', race promoter Jaypee Sports International has announced.
The circuit, about 40 kilometres from New Delhi, can accommodate up to 125,000 spectators, including
25,000 fans at the main grandstand and thousands more at the "natural grass" stands and temporary
stands.
"It is from the word Buddha to mean peace and calmness," the Star quoted Sameer Gaur, Managing
Director and Chief Executive of Jaypee Sports International, as saying.
"It is also not about one person, but an entire region working with one another," he added.
Gaur further said that construction of the 5.14 kilometre track would be completed by August 30, and
would be "the country's next biggest sporting event after the ICC Cricket World Cup."
The race will take place on October 30, subject to "homologation" - the inspection and approval from the
Federation Internationaled'Automobile (FIA) that the track meets all predetermined requirements - three
months prior.
It will mark a monumental journey that began over a decade ago and has coursed its way across the
country.
The circuit has been designed by world-renowned F1 circuit designer Hermann Tilke, and has cost 400
million dollars.
It will be part of the 2,500-acre Jaypee Greens Sports City, which is planned to include a 100,000-seat
cricket stadium, 18-hole golf course, 25,000-seat hockey stadium and a sports academy.
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aypee Sports International Ltd (JSIL), that will host India's first ever F1 Grand Prix on its
track this month-end, today said it has sold out 70 per cent of the total tickets available.
In order to give Formula One enthusiasts a chance to witness the race, the company has
slashed ticket prices by up to Rs 20,000 for those who book it on this coming Sunday
(October 23).
"We have already sold out about 70 per cent of the total tickets available and 90 per cent of
the corporate boxes," JPSI's Managing Director and Chief Executive Officer Sameer Gaur
told reporters here.
He said with a lot of demand coming for the race tickets, the company has decided to slash
the ticket prices for one day on October 23 on www.bookmyshow.com.
Those who book a ticket for grand stand on that day will get it for Rs 15,000 per ticket as
against the normal price of Rs 35,000.
Similarly, a classic stand ticket can be booked for just Rs 4,000 against the normal price of
Rs 6,500, while that of picnic stand would be available for Rs 3,000 as compared to the
usual price of Rs 6,000 per ticket.
JPSI Officer Sales IshaniGhosh told PTI that apart from corporates like UB Group,
Mercedes and Airtel, which are associated with the race, others like NIIT, Punj Lloyd and
MTS Mobile have also booked corporate boxes.
"There are about 55 corporate boxes and each box has 30 seats," she said.
JPSI had earlier stated it expects to garner about Rs 150 crore from ticket sales of the race.
F1 tickets priced in the range of Rs 2,500-35,000
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Agencies : Greater Noida, Sat Aug 20 2011, 20:17 hrs
You can watch the first ever Indian Grand Prix on October 30 by shelling out a minimum of
Rs 2,500 but be ready to spend Rs 35,000 if you want to have the best view of cars and
drivers from the Main Grand Stand.
The tickets for the race were made available online today through website, bookmyshow,
and within the first two hours close to 1000 tickets were sold according to the organisers –
Jaypee Sports International (JPSI).
“We have tied up with bookmyshow for the online sale. Tickets will be sold in two phases
and the first phase begins today. Tickets will be also be available at some outlets in
metropolitan cities from the second phase,” Sameer Gaur, the CEO and managing director
of JPSI said while launching the ticket sale in the company of India's F1 drivers –
NarainKarthikeyan and Karun Chandhok.
Fans can choose their preferred seat location while booking their tickets.
The Rs 2,500 tickets are for the natural stand, which can accommodate 6,500 fans. Then
comes the picnic stand for which 8,000 fans will have to spend Rs 6,000 each. For 36,838
seated classic stand, the ticket price is Rs 6,500.
The two most expensive stands to watch the race are Premium Stand and the Main Grand
Stand. While the price for premium stand is Rs 12,500 for each of the 10,230 seats, it's a
whopping Rs 35,000 for the each of the 20,156 Grand Stand seats.