News Details

Shutting the stable door?

Officials in India have bowed to pressure in terms of import duty payable on cars and motorcycles taking part in races in the country.Both events at the Buddh circuit, particularly the inaugural race in 2012, were overshadowed by strict rules in India which see race equipment treated the same as any other import, and therefore liable to duty.Organisers Jaypee Sports were forced to spend close to Rs 8 (£900k) to import cars and equipment for each race, the Indian Sports Ministry not considering F1 a sport (discuss) or event of 'national importance' and therefore refusing to waive the duty.Though F1 and World Superbikes are giving India a miss in 2014, the Directorate General of...
Full Story »
1y ago from 0

You May Also Be Interested In...

Schumi stable but still critical

The authorities at the Grenoble hospital where Michael Schumacher remains...
1y ago from

Schumi stable but remains critical

The authorities outside the Grenoble hospital where Michael Schumacher...
1y ago from

VIDEO: Schumacher stable, says manager

German Formula 1 champion Michael Schumacher is in a stable condition in...
1y ago from

Schu still stable but critical

Michael Schumacher remains in a stable but critical condition following...
1y ago from


comments powered by Disqus

Hottest News

Vettel considered quitting F1 claims Horner

Disillusioned with the new formula, Sebastian... Read More »
4h ago from

McLaren fires up MP4-30 for first time

McLaren fired up the MP4-30, its 2015 Formula 1... Read More »
17h ago from

Listen – 2015 Ferrari F1 car firing up for the first time

2015 Ferrari F1 car firing up for the first time... Read More »
17h ago from

Recent News

2014 is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.