World Superbike Championship (WSBK) is finally set to take place at the Buddh International Circuit in 2017.
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Photo: WSBK Press
Sameer Gaur, Jaypee Sports International (JPSI) chief said:
"We have signed the contract with WSBK for the race in 2017. We are contractually bound to host the race.
Earlier the WSBK was supposed to take place in 2013, but it got cancelled due to operational changes. WSBK commercial rights holder Dorna Sports may not have to overcome the tax hurdles faced by F1 in India but there are some logistical challenges.
Javier Alonso, WSBK executive director in 2013 said:
India is the most complicated round on the calendar in terms of custom clearance".
But a positive development has taken place since then and motorsport is now recognised by the government, therefore, getting customs and other clearances should be a less difficult task.
On the other hand Formula1 is facing income tax issues and JPSI has already contracted to host two more F1 rounds which will happen only when existing income tax issues surrounding the event are sorted.
Sameer Gaur also said:
"As of now, we are only thinking about WSBK and F1 will return when the tax issue is settled. Apart from that, the usual domestic events will continue to take place. We have made such a huge facility, invested so much in it, obviously to have international races. And I am not only talking about F1, I am talking about other championships too. As a private developer, we understand that we need to do lots of events to keep the facility going."
News Source: World Superbike Championship set for 2017 India debut: JPSI chief - The Economic Times
Photo: WSBK Press
Sameer Gaur, Jaypee Sports International (JPSI) chief said:
Quote:
"We have signed the contract with WSBK for the race in 2017. We are contractually bound to host the race.
Javier Alonso, WSBK executive director in 2013 said:
Quote:
India is the most complicated round on the calendar in terms of custom clearance".
On the other hand Formula1 is facing income tax issues and JPSI has already contracted to host two more F1 rounds which will happen only when existing income tax issues surrounding the event are sorted.
Sameer Gaur also said:
Quote:
"As of now, we are only thinking about WSBK and F1 will return when the tax issue is settled. Apart from that, the usual domestic events will continue to take place. We have made such a huge facility, invested so much in it, obviously to have international races. And I am not only talking about F1, I am talking about other championships too. As a private developer, we understand that we need to do lots of events to keep the facility going."