Why the Indian GP can be a success
As the inaugural Indian Grand Prix fast approaches, Dieter Rencken talks to some of the key players in the project to find out more about New Dehli's plans, what we can expect from the new venue and whether it can be a success as a privately-funded enterprise
Last week's column on race circuits revealed an interesting trend. In the recent past the majority of Formula 1's new generation circuits were publicly-funded – think Sepang, Bahrain, Shanghai, Turkey, Abu Dhabi, Valencia; even Singapore's street circuit to a degree. The latest three newcomers (Korea; India; Austin, Texas) are all private initiatives.
This suggest two alternatives – likely a combination of both – namely that investors have enormous faith in the future of Formula 1 notwithstanding the sporting, commercial and political controversies which regularly threaten to rip it apart. And/or governments can no longer justify the massive investments such venues demand on tourism/international exposure grounds.
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