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...
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10y ago from Pitpass.com
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