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Official: Indian Grand Prix Cancelled for the Year 2014

Snapshot: The chronicle of the Indian Grand Prix has come to a painful end. The Boss of Formula 1 Bernie Ecclestone and JPSI (Jaypee Sports International) gave a clear cut confirmation that the Grand Prix has been shoved off the 2014 calender

The chronicle of the Indian Grand Prix has come to a painful end. The Boss of Formula 1 Bernie Ecclestone and JPSI (Jaypee Sports International) gave a clear cut confirmation that the Grand Prix has been shoved off the 2014 calender. It will now be conducted at some point in the early days of 2015.

News reports state that F1 administration always wanted to carry on the Indian Grand Prix near the beginning of the season. But, JPSI wanted the races to be held during the festive seasons which fall in the month of October. Thanks to the altered calendar, the 2015 event will obviously be hammered with all the 4 bouts in the Asia Pacific province.

Bernie Ecclestone mentioned that, the F1 made a five year pact with JPSI, and there were eager to tread Indian roads in the first half of beginning, JPSI wanted the races to take place in the month of October. At that time the F1 agreed, but now they have events in very early days of 2015. He further explained on why the events were dropped.  It would be a burden for the JPSI group to hold two races within the span of 6 months, since each F1 race would have a price tag of 237.7 cores on its head, and that kind of money is not easy to generate within a mere span of 6 months.

Weather wise October and November are very suitable for Bernie, but the FOM (Formula One Management) wants them to conduct the events in the month of March 2015. So they don’t have trouble with that. As quoted by the Managing Director of JPSI Mr. Sameer Gaur.  Bernie also confirmed that the 5 year pact with JPSI has not been annulled, and they have a strong plan to solve the differences between them.    

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