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It is been speculated that Airtel has signed up as the 'title sponsor' of the Indian Grand Prix.
The news was unconfirmed by the organizers of the GP as well as the Indian telecom major, Airtel.
Airtel's sponsorship for the Indian Grand Prix title rights have been rumoured to be in the region of $13-14 million per year for 5 years. The title rights would mean that the Indian Grand Prix will now be called as the 'Airtel Indian Grand Prix' across all media and communication. Additionally, they will have a larger percentage of on-track advertising and access to hospitality areas and passes for their key guests.
Sponsorship of the Indian Grand Prix is not Airtel's first entry into international sponsorship. They are partners with the famous Manchester United club and own mobile rights that they broadcast to their million plus subscribers in India and abroad.
Airtel had previously sponsored the Airtel One India Challenge, which was an all-India TSD rally. The rally was held almost a decade ago and was one of Airtel's biggest sponsorship in sport in India. The rally saw active participation from motoring enthusiasts, but organizational issues meant that the rally didn't repeat the next year. Due to reasons not publicly known, Airtel decided to step away from motor-sport sponsorship in the country.
Airtel is not new to F1 sponsorship. Airtel is an investor in Singtel, the title sponsor of the Singapore GP. The association with the Indian GP will enhance Airtel's global brand presence and put the Indian telecom major on the world map. Airtel's direct competitor in India, Vodafone, is the title-sponsor of the Mclaren Mercedes team. It will be interesting to see how the two companies fight in their space to occupy the mindsets of the Indian F1 fan.
Indian presence in Formula 1 has increased manifold that lured Indian Large Brands to Sponsor as well.
The Force India F1 team has attracted sponsorship from various UB Group brands that include Royal Challenge, Kingfisher Airlines, Vladivar, etc. Reebok and Wrigley too are partners with the Indian F1 team.
Narain Karthikeyan brings Indian auto major, TATA to the table and Karun Chandhok's ambassadorship with the Jaypee Group has the infrastructure group present in Formula1.
The Jaypee Group are also the host organizers of the Indian Grand Prix and are building the Buddh International Circuit.
Wednesday, May 18, 2011
Tag Heuer sponsoring Indian Grand Prix
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TAG Heuer has launched its limited edition watch for Indian Grand Prix. Shah Rukh Khan unveiled the brand’s special edition watches (TAG Heuer Carrera Tachymeter Chronograph watch) with Buddh International Circuit’s heart-shaped logo in green and saffron.
Tag Heuer is the official timekeeper of Fédération Internationale de l'Automobile, FIA.
Tag Heuer has collaborated with JPSI, a Jaypee Group company, which constructed the 5.14-km-long world-class motor racing circuit — the Buddh International Circuit — near Greater Noida, to have access to the branding, logo and image rights of the race track.
Globally, Tag Heuer’s association with motor racing has been longstanding. ‘Mastering speed for 150 years’ is the theme of its global celebrations in 2011 to mark its racing heritage.
The 200 pieces will be available for sale in the month of September and a booking procedure will be initiated soon claimed an official during the launch event.
TAG Heuer has launched its limited edition watch for Indian Grand Prix. Shah Rukh Khan unveiled the brand’s special edition watches (TAG Heuer Carrera Tachymeter Chronograph watch) with Buddh International Circuit’s heart-shaped logo in green and saffron.
Tag Heuer is the official timekeeper of Fédération Internationale de l'Automobile, FIA.
Tag Heuer has collaborated with JPSI, a Jaypee Group company, which constructed the 5.14-km-long world-class motor racing circuit — the Buddh International Circuit — near Greater Noida, to have access to the branding, logo and image rights of the race track.
Globally, Tag Heuer’s association with motor racing has been longstanding. ‘Mastering speed for 150 years’ is the theme of its global celebrations in 2011 to mark its racing heritage.
The 200 pieces will be available for sale in the month of September and a booking procedure will be initiated soon claimed an official during the launch event.
Saturday, May 14, 2011
Indianapolis Motor Speedway Hall of Fame for Sir Jackie Stewart
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1966 Indianapolis 500 Rookie of the Year, Sir Jackie Stewart, also a three times Formula One World Champion (1969, 1971, 1973) will be inducted into the Indianapolis Motor Speedway Hall of Fame officials announced May 12.
The induction ceremony will take place Thursday, May 26 at the Indianapolis Marriott Downtown. An esteemed panel of nearly 150 electors, comprised of Hall of Fame members, leading auto racing participants, motorsports journalists and officials, votes annually for Hall of Fame inductees.
Stewart is also renowned as a leading advocate of improved safety standards, campaigning relentlessly throughout his career for better medical and emergency facilities at race circuits.
Stewart, from Scotland, only made two Indianapolis 500 starts, in 1966 and 1967, but came within a few laps of finishing first and second.
He dropped out while leading with just nine laps remaining in 1966 and was running just behind Parnelli Jones and eventual winner A.J. Foyt when his engine failed at 168 laps in 1967.
Also elected is Jim McGee, a chief mechanic and race strategist who has contributed to more than 90 major open-wheel victories in the United States, including four Indianapolis 500s.
1966 Indianapolis 500 Rookie of the Year, Sir Jackie Stewart, also a three times Formula One World Champion (1969, 1971, 1973) will be inducted into the Indianapolis Motor Speedway Hall of Fame officials announced May 12.
The induction ceremony will take place Thursday, May 26 at the Indianapolis Marriott Downtown. An esteemed panel of nearly 150 electors, comprised of Hall of Fame members, leading auto racing participants, motorsports journalists and officials, votes annually for Hall of Fame inductees.
Stewart is also renowned as a leading advocate of improved safety standards, campaigning relentlessly throughout his career for better medical and emergency facilities at race circuits.
Stewart, from Scotland, only made two Indianapolis 500 starts, in 1966 and 1967, but came within a few laps of finishing first and second.
He dropped out while leading with just nine laps remaining in 1966 and was running just behind Parnelli Jones and eventual winner A.J. Foyt when his engine failed at 168 laps in 1967.
Also elected is Jim McGee, a chief mechanic and race strategist who has contributed to more than 90 major open-wheel victories in the United States, including four Indianapolis 500s.
Ambrosio may forced to make way for Canadian Driver
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22 year old, Canadian Driver Robert Wickens may be inline for debut in F1 against driver seat of Jerome D'Ambrosio with Virgin Racing team.
D’Ambrosio’s spot with the F1 team is in danger because his sponsors have failed to make payments to Virgin Racing. Some reports say the team is owed as much as $5 million.
Wickens is linked to Virgin through his Formula Renault 3.5 sponsor Marussia, which is reportedly eager to see the Canadian drive in F1 and acquired a substantial stake in Virgin earlier this year.
Wickens has had an excellent start to his Formula 3.5 season and leads the drivers’ standings with 71 points, 14 ahead of France’s Jean Eric Vergne after two races.
Wickens won the first race for his Carlin team, and finished second behind Vergne, a Carlin teammate, in the second race.
If D'Ambrosio could not make the payment then he will be replaced.
22 year old, Canadian Driver Robert Wickens may be inline for debut in F1 against driver seat of Jerome D'Ambrosio with Virgin Racing team.
D’Ambrosio’s spot with the F1 team is in danger because his sponsors have failed to make payments to Virgin Racing. Some reports say the team is owed as much as $5 million.
Wickens is linked to Virgin through his Formula Renault 3.5 sponsor Marussia, which is reportedly eager to see the Canadian drive in F1 and acquired a substantial stake in Virgin earlier this year.
Wickens has had an excellent start to his Formula 3.5 season and leads the drivers’ standings with 71 points, 14 ahead of France’s Jean Eric Vergne after two races.
Wickens won the first race for his Carlin team, and finished second behind Vergne, a Carlin teammate, in the second race.
If D'Ambrosio could not make the payment then he will be replaced.
Nico Hulkenberg and his Manager Willi Weber parted their ways
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Force India reserve and third driver Nico Hulkenberg splits from his Manager Willi Weber who had earlier managed numerous German drivers famously Michael Schumacher. Also his brother Ralf Schumacher and Timo Scheider.
Willi was with Nico since the start of his career or one can say that Willi managed to provide a debut to Nico with Williams. He had contacted Renault in 2008 for Nico, then Williams test driver in 2009 and provided him his F1 debut with Williams in 2010. In 2011, he lost his Williams seat to cash backed Pastor Maldonado and was forced to be test and reserve for Force India. He is allowed to take part in Friday's First Practice Sessions for all the races this season and could make a move to grab the seat in 2012.
Nico Hulkenberg was even given the nickname " The Hulk " by Willi Weber after the fictional superhero.
A statement on Hulkenberg's website said: "Nico Hulkenberg and manager Willi Weber part their ways.
He will "from now on take management matters in his own hands", supported by his former PR advisor Timo Gans.
"Both sides are currently working on a smooth changeover and on a satisfying solution for everyone,".
Force India reserve and third driver Nico Hulkenberg splits from his Manager Willi Weber who had earlier managed numerous German drivers famously Michael Schumacher. Also his brother Ralf Schumacher and Timo Scheider.
Willi was with Nico since the start of his career or one can say that Willi managed to provide a debut to Nico with Williams. He had contacted Renault in 2008 for Nico, then Williams test driver in 2009 and provided him his F1 debut with Williams in 2010. In 2011, he lost his Williams seat to cash backed Pastor Maldonado and was forced to be test and reserve for Force India. He is allowed to take part in Friday's First Practice Sessions for all the races this season and could make a move to grab the seat in 2012.
Nico Hulkenberg was even given the nickname " The Hulk " by Willi Weber after the fictional superhero.
A statement on Hulkenberg's website said: "Nico Hulkenberg and manager Willi Weber part their ways.
He will "from now on take management matters in his own hands", supported by his former PR advisor Timo Gans.
"Both sides are currently working on a smooth changeover and on a satisfying solution for everyone,".
Turkish GP - Post Race Analysis
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The race purely dominated by Reigning World Champion Sebastian Vettel. He again proved he is unbeatable.
About the circuit
The track is famous for its multi-apex left hander at turn 8 and its one of the three anti-clockwise circuit this year. There were not ample grounds for overtaking on the circuit, but DRS and KERS allowed overtaking almost on every lap.Track was hard on tyre as four stops were necessitated to win.
Practice Sessions - Turkish GP
The first practice session allowed for the first time testing of wet weather Pirelli tyres. Rain hit Session saw Vettel crashing out of the race that caused him to stay in garage for the second session also. Rain saw Ferrari leaping their way to top. But they soon get faded away in dry. But it was Mercedes who showed real talent of reaching podium in the practice sessions. For the first time this season, Mercedes were looking in control, even managed to beat Mclaren and were in position to compete with Red Bull. Practice sessions showed that backmarker HRT can this time beat their closest rivals Virgin out of the race.
After three weeks of break, all the teams tested for their upgrades. Some got benefited but others were steadily progressing.
Turkish GP - Practice Session 1
Turkish GP - Practice Session 2
Turkish GP - Practice Session 3
Qualifying Session - Turkish GP
Qualifying saw the triumph of Red Bull continuing as Sebastian Vettel went on to record the 19th pole of his career without even taking a second run in the final qualifying session thus saving tyres.
As the rain did not play its part, it was all top 5 running teams that captured the top 10 slots. Kamui Kobayashi was out in Q1 as his car stopped with Felipe Massa unable to note time in final session due to some mechanical problems. But it was Mercedes day out as Nico Rosberg qualified third and had beaten Mclaren and Ferrari fair and square.
It was HRT at the back who had taken control over Virgin as Liuzzi outqualified Timo Glock.
Michael again upsetting his fans as he only qualified 8th for the race.
Williams after a worst start of their season were looking to score their first point of the season as they were able to qualify ahead of other midfielders.
Turkish GP - Qualifying
Race - Turkish GP
This season is giving us memorable races. It was again one of the fantastic race of all time. Lot of overtaking but one thing was definite.... Sebastian Vettel winning the race. He was like a solid mountain remained on top for most part of the race. For the places behind, there were uncertainty to whom we will support but for first place, it was only Sebastian Vettel.
It was the race every one will remember for all its Overtaking manoeuvers and bravehearts kissing each other's car to get the position.
Almost everyman on track was overtaken atleast once except that for "Sebastian Vettel". The man was unbeatable. From Pole to podium, it seemed a walk in a park for him. As no one ever closes him to get the position. With the start form the lap as he cruised his way past to lap down 11drives on track in the end.
The race saw some of the drivers hammering down others, as the pit stop strategy became essential for win, even some of the top teams had major problem during pits also. Problem with Massa, Hamilton, Button pit stop caused them some of the points.
There was a hard fought battle for second place in the end between Mark Webber and Fernando Alonso. Webber took the second position from Alonso on Lap 51 but had there been one or two laps into the race, it might Alonso on the 2nd position.
Finally, Fernando Alonso eager to win was seen in his Ferrari. This was the first podium finish for Ferrari this season. As the overnight change in speed of car was unimaginable. The car was not even a competition in Qualifying to Mclaren and Mercedes also, and now even managed to challenge Red Bull.
Mclaren lost due to their pit strategy but it was Mercedes who lost the most. Their competitive skills looked vanishing into the air. Williams also were not able to turn their fortune.
Team Lotus continued their good progress at the back.
Turkish GP - Race
Team Analysis:
Red Bull -There are no words to define Red Bull triumph. As the team leading the world championship, defending their title, showed all why they are 'what they are known for'. Almost losing in the first practice session, team dominance continues as the weekend progressed with Sebastian Vettel unstoppable for others. Mark Webber also never let the team down. Although some KERS problem still haunt the team but they will work everything out in Spain.
10/10 points.
Mclaren - After a continuing strong performance from the start of the season, Mclaren tried to prove it once more, but this time, they were stopped by Mercedes in Practice, Qualifying and in Race due to their own pit mistakes, they were left behind. But nevertheless, this team can turn the fortunes of Red Bull and are giving competition to everyone out there.
8.5/10 points
Ferrari - After a poor performance in practice and qualifying, they made everyone scratching their heads, when they tried to take on Red Bull at top. Fernando drove superbly but Massa was not able to convert it to points after a disastrous pit stop. Team is trying to prove its name once again and will surely the one to watch out in the next race.
8.0/10 points
Mercedes - Mercedes was an improved team once again after getting the speed from chinese grand prix. They have surely ended their poor performance at the start of the season and can bring back the competition that they promised in Practice and Qualifying Session during Turkish Grand Prix. Although they were not able to convert the result as they qualified but still more to come in next races. The team had a poor performance during the race. Car showed reliability problem. Rosberg was outpaced while Schumi had collision that caused him the race.
7.5/10 points
Renault - Renault continue to perform just ahead of midfielders. But their performance has surely been compromised by the improving Ferrari and Mercedes. They need to gear up as they did not looked as competitive as they can be in Turkish Grand Prix. Even after bringing out the upgrades they were outqualified but still there reliability proved which put them in top 8 in the race.
7.0/10 points
Toro Rosso - After an average performance during the practice session and qualifying, they come quite competitive during the race as far as midfielders are concerned. Buemi three stop strategy watched him finishing on 9th while Alguersuari could have finished higher on table if his mistake would not have caused him a driver through penalty. But overall they managed to clearly taken a lead over the other midfielders.
5.5/10 points
Sauber - The team were not able to put a strong performance during Qualifying as well as in practice also but Kamui Kobayashi strong driving again able to gave them the points in race. Sergio Perez is learning F1 as his debut year progress.
5.0/10 points
Force India - Force India were not able to produce what they have promised before the race. Their upgrades fail to compete the midfielders also. Their reliability was also hampered as Paul Di Resta had to retire from the race. They were unable to clear the midfielders after a good qualifying and practice.
4.5/10 points
Williams - After a weak performance from the start, Williams were able to bring the car back into fighting spirit until Race Day. During race they failed yet again to achieve their first point of the season. Although team is improving but they need to work a lot harder to convert their 15th place finish on the board. They had a good practice and Qualifying session as it showed their progress.
3.5/10 points
Team Lotus - Lotus were again ahead of the other two new comers. They are now able to come even more closer to the midfielders. They can with few upgrades can able to put some drivers behind them. Their lap times improved. But as far as comparison with the top team, they are still no match. So they have to work hard to beat the others. May be caterham purchase can put some fortune into their pockets.
3.0/10 points.
Virgin - Virgin was a poor performer during practice, qualifying as well as in race. They were now beatable by HRT. Their improved car was not a match with the improved HRT pace also. Timo Glock did not start the race due to gear box problem. Although Ambrosio was able to finish ahead of HRT during race but it is only due to reliability issue in HRT.
2.0/10 points.
HRT - HRT's hard work paid them with double finish in the end again. Their major goal of reliability to finish is complete but still reliability is needed to keep them on track as they were 3 and 5 laps down at the end of the race. They have improved on speed, were able to outqualify one of the Virgin. They are improving and can beat Virgin and then can move ahead with their next goal.
2.0/10 points.
The race purely dominated by Reigning World Champion Sebastian Vettel. He again proved he is unbeatable.
About the circuit
The track is famous for its multi-apex left hander at turn 8 and its one of the three anti-clockwise circuit this year. There were not ample grounds for overtaking on the circuit, but DRS and KERS allowed overtaking almost on every lap.Track was hard on tyre as four stops were necessitated to win.
Practice Sessions - Turkish GP
The first practice session allowed for the first time testing of wet weather Pirelli tyres. Rain hit Session saw Vettel crashing out of the race that caused him to stay in garage for the second session also. Rain saw Ferrari leaping their way to top. But they soon get faded away in dry. But it was Mercedes who showed real talent of reaching podium in the practice sessions. For the first time this season, Mercedes were looking in control, even managed to beat Mclaren and were in position to compete with Red Bull. Practice sessions showed that backmarker HRT can this time beat their closest rivals Virgin out of the race.
After three weeks of break, all the teams tested for their upgrades. Some got benefited but others were steadily progressing.
Turkish GP - Practice Session 1
Turkish GP - Practice Session 2
Turkish GP - Practice Session 3
Qualifying Session - Turkish GP
Qualifying saw the triumph of Red Bull continuing as Sebastian Vettel went on to record the 19th pole of his career without even taking a second run in the final qualifying session thus saving tyres.
As the rain did not play its part, it was all top 5 running teams that captured the top 10 slots. Kamui Kobayashi was out in Q1 as his car stopped with Felipe Massa unable to note time in final session due to some mechanical problems. But it was Mercedes day out as Nico Rosberg qualified third and had beaten Mclaren and Ferrari fair and square.
It was HRT at the back who had taken control over Virgin as Liuzzi outqualified Timo Glock.
Michael again upsetting his fans as he only qualified 8th for the race.
Williams after a worst start of their season were looking to score their first point of the season as they were able to qualify ahead of other midfielders.
Turkish GP - Qualifying
Race - Turkish GP
This season is giving us memorable races. It was again one of the fantastic race of all time. Lot of overtaking but one thing was definite.... Sebastian Vettel winning the race. He was like a solid mountain remained on top for most part of the race. For the places behind, there were uncertainty to whom we will support but for first place, it was only Sebastian Vettel.
It was the race every one will remember for all its Overtaking manoeuvers and bravehearts kissing each other's car to get the position.
Almost everyman on track was overtaken atleast once except that for "Sebastian Vettel". The man was unbeatable. From Pole to podium, it seemed a walk in a park for him. As no one ever closes him to get the position. With the start form the lap as he cruised his way past to lap down 11drives on track in the end.
The race saw some of the drivers hammering down others, as the pit stop strategy became essential for win, even some of the top teams had major problem during pits also. Problem with Massa, Hamilton, Button pit stop caused them some of the points.
There was a hard fought battle for second place in the end between Mark Webber and Fernando Alonso. Webber took the second position from Alonso on Lap 51 but had there been one or two laps into the race, it might Alonso on the 2nd position.
Finally, Fernando Alonso eager to win was seen in his Ferrari. This was the first podium finish for Ferrari this season. As the overnight change in speed of car was unimaginable. The car was not even a competition in Qualifying to Mclaren and Mercedes also, and now even managed to challenge Red Bull.
Mclaren lost due to their pit strategy but it was Mercedes who lost the most. Their competitive skills looked vanishing into the air. Williams also were not able to turn their fortune.
Team Lotus continued their good progress at the back.
Turkish GP - Race
Team Analysis:
Red Bull -There are no words to define Red Bull triumph. As the team leading the world championship, defending their title, showed all why they are 'what they are known for'. Almost losing in the first practice session, team dominance continues as the weekend progressed with Sebastian Vettel unstoppable for others. Mark Webber also never let the team down. Although some KERS problem still haunt the team but they will work everything out in Spain.
10/10 points.
Mclaren - After a continuing strong performance from the start of the season, Mclaren tried to prove it once more, but this time, they were stopped by Mercedes in Practice, Qualifying and in Race due to their own pit mistakes, they were left behind. But nevertheless, this team can turn the fortunes of Red Bull and are giving competition to everyone out there.
8.5/10 points
Ferrari - After a poor performance in practice and qualifying, they made everyone scratching their heads, when they tried to take on Red Bull at top. Fernando drove superbly but Massa was not able to convert it to points after a disastrous pit stop. Team is trying to prove its name once again and will surely the one to watch out in the next race.
8.0/10 points
Mercedes - Mercedes was an improved team once again after getting the speed from chinese grand prix. They have surely ended their poor performance at the start of the season and can bring back the competition that they promised in Practice and Qualifying Session during Turkish Grand Prix. Although they were not able to convert the result as they qualified but still more to come in next races. The team had a poor performance during the race. Car showed reliability problem. Rosberg was outpaced while Schumi had collision that caused him the race.
7.5/10 points
Renault - Renault continue to perform just ahead of midfielders. But their performance has surely been compromised by the improving Ferrari and Mercedes. They need to gear up as they did not looked as competitive as they can be in Turkish Grand Prix. Even after bringing out the upgrades they were outqualified but still there reliability proved which put them in top 8 in the race.
7.0/10 points
Toro Rosso - After an average performance during the practice session and qualifying, they come quite competitive during the race as far as midfielders are concerned. Buemi three stop strategy watched him finishing on 9th while Alguersuari could have finished higher on table if his mistake would not have caused him a driver through penalty. But overall they managed to clearly taken a lead over the other midfielders.
5.5/10 points
Sauber - The team were not able to put a strong performance during Qualifying as well as in practice also but Kamui Kobayashi strong driving again able to gave them the points in race. Sergio Perez is learning F1 as his debut year progress.
5.0/10 points
Force India - Force India were not able to produce what they have promised before the race. Their upgrades fail to compete the midfielders also. Their reliability was also hampered as Paul Di Resta had to retire from the race. They were unable to clear the midfielders after a good qualifying and practice.
4.5/10 points
Williams - After a weak performance from the start, Williams were able to bring the car back into fighting spirit until Race Day. During race they failed yet again to achieve their first point of the season. Although team is improving but they need to work a lot harder to convert their 15th place finish on the board. They had a good practice and Qualifying session as it showed their progress.
3.5/10 points
Team Lotus - Lotus were again ahead of the other two new comers. They are now able to come even more closer to the midfielders. They can with few upgrades can able to put some drivers behind them. Their lap times improved. But as far as comparison with the top team, they are still no match. So they have to work hard to beat the others. May be caterham purchase can put some fortune into their pockets.
3.0/10 points.
Virgin - Virgin was a poor performer during practice, qualifying as well as in race. They were now beatable by HRT. Their improved car was not a match with the improved HRT pace also. Timo Glock did not start the race due to gear box problem. Although Ambrosio was able to finish ahead of HRT during race but it is only due to reliability issue in HRT.
2.0/10 points.
HRT - HRT's hard work paid them with double finish in the end again. Their major goal of reliability to finish is complete but still reliability is needed to keep them on track as they were 3 and 5 laps down at the end of the race. They have improved on speed, were able to outqualify one of the Virgin. They are improving and can beat Virgin and then can move ahead with their next goal.
2.0/10 points.
Wednesday, May 11, 2011
Trouble for Buddh International Circuit due to Greater Noida Land Acquistion issue
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Farmers in Greater Noida are agitating on the issue of Land acquisition by Government.
The villages of these farmers are near to Yamuna Expressway and Buddh International Circuit, Greater Noida.
The anger had led to the violence in the area. Government get benefited from their land is their slogan and they want more compensation for the same.
The bloodbath in Greater Noida can extent to the F1 circuit warns farmer.
This is the major cause of concern for the Jaypee Group, as their project is already on the verge of crossing the deadline would get delayed if the agitation reached the circuit. This could hamper the Indian image across the entire motorsport world. The final deadline by FIA for the circuit inspection is at the end of July thus if worked halted then it would be almost impossible for the Indian GP officials to complete the work.
Already the F1 is concerned related to circuits in Bahrain and Japan. Indian GP Circuit if canceled could lead to $100million loss (including Bahrain and Japan) to F1 in the fees itself.
Executive Chairman of Jaiprakash Associates Manoj Gaur clarified that "all the land required for development of the Yamuna Expressway and Formula One Motor Racing track at Dankaur near Greater Noida has been acquired and mutually agreed compensation paid to farmers. There is no land acquisition going on for any project of Jaypee Group in this area." Farmers have been agitating over better compensation against land acquired by the state government.
Their contention is that the government acquired land from them at prices as low as Rs 450-850 for a sqm but sold those later to private developers at Rs 4,500-5 ,500 per sqm. These developers are now selling the same land at Rs 15,000 - 17,000 per sq yard. An official in the Greater Noida Industrial Development Authority said, "If even one of the farmer goes to court and manages to obtain a stay, some of the projects will be stalled." In August, 2010, farmers had agitated in Tappal in Aligarh, Mathura and Agra against land acquisition for the Yamuna Expressway and some townships being built by JP Infratech. This time again, the agitation has spread from Bhatta and Parsaul villages in Greater Noida to Tappal in Aligarh and beyond to Agra as well.
The track falls in Dhankaur area of Greater Noida, which is about 9 km from the Bhatta-Parsaul village. Thus, while the work on Yamuna Expressway has slowed down after the agitation, authorities have shifted their focus on the construction of the track and are working day and night with a large labour force to ensure there are no hindrances in its completion.
The state government has increased the security for the under-construction race track after Saturday’s agitation at Bhatta-Parsaul and in the wake of warning by Manvir Singh Teotia that farmers would march towards the under-construction track to mark their protest against low compensation rate provided to them at various locations under Yamuna Expressway Industrial Development Authority.
Apart from the police, even private security guards have been hired by the group. Sources in the company say around 6,000 workers and over 250 engineers are working round-the-clock to ensure early completion of the Rs 1700-crore project.
Farmers in Greater Noida are agitating on the issue of Land acquisition by Government.
The villages of these farmers are near to Yamuna Expressway and Buddh International Circuit, Greater Noida.
The anger had led to the violence in the area. Government get benefited from their land is their slogan and they want more compensation for the same.
The bloodbath in Greater Noida can extent to the F1 circuit warns farmer.
This is the major cause of concern for the Jaypee Group, as their project is already on the verge of crossing the deadline would get delayed if the agitation reached the circuit. This could hamper the Indian image across the entire motorsport world. The final deadline by FIA for the circuit inspection is at the end of July thus if worked halted then it would be almost impossible for the Indian GP officials to complete the work.
Already the F1 is concerned related to circuits in Bahrain and Japan. Indian GP Circuit if canceled could lead to $100million loss (including Bahrain and Japan) to F1 in the fees itself.
Executive Chairman of Jaiprakash Associates Manoj Gaur clarified that "all the land required for development of the Yamuna Expressway and Formula One Motor Racing track at Dankaur near Greater Noida has been acquired and mutually agreed compensation paid to farmers. There is no land acquisition going on for any project of Jaypee Group in this area." Farmers have been agitating over better compensation against land acquired by the state government.
Their contention is that the government acquired land from them at prices as low as Rs 450-850 for a sqm but sold those later to private developers at Rs 4,500-5 ,500 per sqm. These developers are now selling the same land at Rs 15,000 - 17,000 per sq yard. An official in the Greater Noida Industrial Development Authority said, "If even one of the farmer goes to court and manages to obtain a stay, some of the projects will be stalled." In August, 2010, farmers had agitated in Tappal in Aligarh, Mathura and Agra against land acquisition for the Yamuna Expressway and some townships being built by JP Infratech. This time again, the agitation has spread from Bhatta and Parsaul villages in Greater Noida to Tappal in Aligarh and beyond to Agra as well.
The track falls in Dhankaur area of Greater Noida, which is about 9 km from the Bhatta-Parsaul village. Thus, while the work on Yamuna Expressway has slowed down after the agitation, authorities have shifted their focus on the construction of the track and are working day and night with a large labour force to ensure there are no hindrances in its completion.
The state government has increased the security for the under-construction race track after Saturday’s agitation at Bhatta-Parsaul and in the wake of warning by Manvir Singh Teotia that farmers would march towards the under-construction track to mark their protest against low compensation rate provided to them at various locations under Yamuna Expressway Industrial Development Authority.
Apart from the police, even private security guards have been hired by the group. Sources in the company say around 6,000 workers and over 250 engineers are working round-the-clock to ensure early completion of the Rs 1700-crore project.
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