Formula One boss Bernie Ecclestone says Indian Grand Prix promoters are defaulters

From Bernie Ecclestone's revelations, it now transpires that the tax and bureaucratic hurdles for the uncertainty of the F1 race returning to the Buddh International Circuit were only a facade and not the only reasons.

updated: March 11, 2014 18:24 IST
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New Delhi: Formula One boss Bernie Ecclestone has contended that the promoters of the Indian Grand Prix have not fully met their contractual obligations to see through the five-year deal.

The Indian promoters, the Jaypee Group, in a polite yet firm retort, refused to discuss the contractual terms in public. They have promised to sort them out with the Formula One Management (FOM).

Ecclestone told IANS from his London office on telephone that he and his organisation was still committed to see through the five-year contract, provided what he called certain "surmountable obstacles" were sorted out.

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