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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Greater Noida > F1 Racing Track - Latest Updates
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Old August 23 2011, 07:00 PM   #151
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NEW DELHI: If the early response is anything to go by, the organisers of the Indian Grand Prix should have little to worry about over the turnout for the country's inaugural Formula One race on the outskirts of Delhi on Oct. 30.

Tickets worth 12.5 million rupees ($273,768) were snapped up in the first three hours of sales on Saturday, leaving Ashish Hemrajani, head of race ticketing partner Bookmyshow.com, in no doubt that there will be a full house at the Buddh International Circuit.

"Honestly, we did expect such a response. After all, it's the first ever Formula One race in India and there was anticipation over when tickets would finally go on sale," Hemrajani told Reuters by .

"So far, we have sold tickets worth more than 50 million rupees. We knew the response would be good and we are very pleased.

"Outside cricket and cinema, you don't get such response. I think most of the tickets sold so far must have gone to people living in and around Delhi.

"We would be launching packages soon for the foreigners for their travel and stay. We will see some traction coming soon."

Formula One supremo Bernie Ecclestone last week gave the 5.14-km circuit a resounding thumbs-up ahead of its Sept. 1 homologation and home drivers Narain Karthikeyan and Karun Chandhok are also impressed by the layout.

"The first time I went there was in April last year and saw a lot of mud and a few ponds," Chandhok told reporters at Saturday's ticket launch programme.

"The undulation they created is very, very impressive... it adds to the character of the circuit," said the reserve driver, who replaced Lotus team mate Jarno Trulli in a one-off appearance in last month's German Grand Prix.

"I think we got two to three special corners with double the width to promote overtaking. This is the first circuit in the world with overtaking zones recommended by some drivers and (FIA race director) Charlie Whiting."

Hispania discard Karthikeyan, who will be back behind the wheel for his home grand prix, had similar views.

"I can straightway relate to some of the corners," the former Jordan driver said. "There are a lot of overtaking opportunities and I have seen four to five such places."

 
Old August 24 2011, 03:22 PM   #152
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more photo of F1 racing track..............
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Old August 24 2011, 04:12 PM   #153
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JPSI Sports plans to bring MotoGp, Superbike series to India


New Delhi, Aug 24:
After Formula One, JPSI Sports plans to bring global motorcycling championships MotoGp and SuperBike to India as it looks to break even in the next 3-4 years.


A part of the diversified Jaypee Group, the company has put in $400 million to set up the track at Greater Noida and to get the F1 licence. The Buddh International Circuit will host the inaugural Airtel Indian Grand Prix race on October 30.


“In 2012, we should aim for at least two to three international events at our track. At present, we are at initial stages of talks with both MotoGp and SuperBike championships (for an Indian leg),” the JPSI Sports Managing Director and CEO, Mr Sameer Gaur, told reporters here today.
MotoGP and SuperBike are different premier motorcycling championships in the world, with races held at different circuits across various parts of the globe.


Mr Gaur, however, said the priority at the moment is to host the first F1 race in India successfully.


“Our focus is on the F1 race in October and then we will gradually work on ensuring that the race track is occupied in order to recover our investments,” he added.


He said 30 per cent of the $400-million investment was equity and the rest debt. The firm is expecting a ticket revenue of around Rs 75 crore from this year’s F1 race at the track and over 10,000 tickets have already been sold in the last five to six days.


“Besides, we are also talking to Puma to be the official merchandise partner of our track. We expect to finalise a deal soon,” Mr Gaur said.


For this year, the deal is aimed more at popularising the track, rather than considering it as a revenue stream, he said, adding that the tie-up would allow Puma to sell the track’s merchandise at various retail outlets.


JPSI Sports today announced a tie-up with Mercedes Benz India, which will provide safety cars for the F1 race. The two companies will also start a performance driving academy in 2012.

- Business Line
 
Old August 24 2011, 04:35 PM   #154
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Mercedes to set up driving academy in India


New Delhi: Mercedes-Benz along with Indian Formula One Grand Prix organisers, Jaypee Sports International (JPSI), will set up a driving academy at the Buddh International Circuit (BIC) in Greater Noida next year.

It will be the fourth academy by the auto giant after United States, Germany and China.

The initiative is another step to promote motorsports in India besides the F1 race from Oct 28-30 at the 5.14 km circuit in Greater Noida.

Peter Honegg, managing director and CEO of Mercedes-Benz India, said the academy will be launched in January and they along with JPSI will come up with a concrete plan on the facility after the inaugural F1 race in October.

"We want to start the academy in January and by November we will be ready with the details on the project," Honegg told reporters here Wednesday.

"Our brand is seen as a luxury brand in India and we want to change that perception quickly. Mercedes has been closely associated with motorsports globally."

Honegg revealed that the academy will have two programmes to start with. The 'emotional and basic programme' will focus on how to drive a sports car and the drivers will get a certificate after successfully completing the course.

He added that the advanced level of the programme will be meant for those who want to pursue a career in motorsports. They will hone their skills under former international drivers and will be sent to training in Germany.

JPSI managing director Sameer Gaur said the academy is one of the things they are planning post the high-profile event.

"We are happy to partner Mercedes in this initiative and we will also look to keep the track busy by hosting two or three major international races every year. But right now the focus remains on the Indian GP," said Gaur.

Mercedes and JPSI have also entered an agreement in which Mercedes will be the sole provider of the safety cars for all events at the BIC including the Indian Grand Prix.

Mercedes is the engine supplier of three teams in the current F1 season including their own Mercedes GP Petronas outfit. The other two are McLaren Mercedes and Force India.


- NDtv
 
Old August 24 2011, 05:55 PM   #155
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MM wanted a Game Changer for Greater noida...HERE IT IS...BANG ON...
 
Old August 24 2011, 06:09 PM   #156
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Originally Posted by aam aadmi View Post
MM wanted a Game Changer for Greater noida...HERE IT IS...BANG ON...
Certainly and F1 Racing, considered the second most popular sport in the world after soccer, and certainly the fastest.

As the track gets ready, enthusiasts like Gautam Singhania, chairman & managing director of Raymond Group, Singhania has driven a Formula 1 car in France, a Ferrari 360 Modena in a road and track rally across Europe, and a Lamborghini Gallardo in Europe's CannonBall Run. He has also formed the first super car club in India.

Beside "Welcome Back" I admired your all previous post when i was guest and new as well ...
 
Old August 24 2011, 06:36 PM   #157
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If at all Gnoida authority has some sense in their minds...they will form a Team...and use PR skills to meet with these Big wigs...and invite them to set up business in city / region...and offer them incentives...

This is how a city changes....through presence of enterpreneurs as in Industries and Corporate offices...Not occasional few hours visits to see a race.

Do you know...WIPRO Azeem premji was personally invited by Mulayam Govt. in 2004-05 and he was shown around the city....and offered good incentives...He decided to set up a Wipro Office in city within a few days...Hence the WIPRO SEZ in Gnoida you see today.

Top Notch people will visit this arena...Govt and authority should be pro active to showcase the city to them and invite them to invest in the region.

But from the way Gnoida authority and its officers have been behaving...it seems that this will not be in their "to do list" at all
 
Old August 24 2011, 07:51 PM   #158
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studrawk.. thanks for your updates. I bought two tickets for the race

Hope it will be a great showcase for India and parties won't play dirty politics to gain political mileage.
 
Old August 24 2011, 08:07 PM   #159
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Originally Posted by Mikhail View Post
studrawk.. thanks for your updates. I bought two tickets for the race

Hope it will be a great showcase for India and parties won't play dirty politics to gain political mileage.
ha ha

Sir, you look full on 28th Oct Metallica

http://www.indianrealestateforum.com...-gp-19325.html

and Now GP

Great Dude
 
Old August 24 2011, 08:47 PM   #160
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Quote:
Originally Posted by aam aadmi View Post
If at all Gnoida authority has some sense in their minds...they will form a Team...and use PR skills to meet with these Big wigs...and invite them to set up business in city / region...and offer them incentives...

This is how a city changes....through presence of enterpreneurs as in Industries and Corporate offices...Not occasional few hours visits to see a race.

Do you know...WIPRO Azeem premji was personally invited by Mulayam Govt. in 2004-05 and he was shown around the city....and offered good incentives...He decided to set up a Wipro Office in city within a few days...Hence the WIPRO SEZ in Gnoida you see today.

Top Notch people will visit this arena...Govt and authority should be pro active to showcase the city to them and invite them to invest in the region.

But from the way Gnoida authority and its officers have been behaving...it seems that this will not be in their "to do list" at all
Dear,

I understand, running politics and different rulers (since a long time) always messed our country and for such kind of false commitments and whole city was the witness of its incline and decline progress.

GNA/ NA never applied those announcements which were they promised before and this is nothing just another set back for any developing city.

Over all by these politics i learnt one thing, Later or Sooner city will grow for sure, in fact Buyers would not stop moving towards such cities as there are many other reasons apart of stupid gov. politics and corruption like No new Lands available near Delhi, Population growth, Cars and House buying capacity, from all over India, people are moving/coming here in Delhi/NCR for Jobs and education etc. So as per my idea Next Generation will be more demanding and enthusiastic for the high-tech future.

As you know under the new policy, undoubtedly, authorities will have to face an extra burden, as developing authorities will be forced to hike the existing rate. It is believed that the district administration is also planning to revise the circle rates (as a projected 25-30% hike in existing rates). Such a projected property hike will make both Gurgaon and Faridabad comparatively cheaper to live in. However, in terms of infrastructure, Noida-Greater Noida will always be the best but Buyers should always understand and accept the current and Ground reality with no Night-Angel dreams about greater noida.


I think UP has been definitely trying to compete in the last couple of years by bringing in development schemes through integrated townships and high-tech cities. But UP’s urban development policies should be more favourable to the developers. They should be more stable and well defined in other Cities like Moradabad, Lucknow, Meerut, Kanpur, Varanasi, Allahabad, etc, which they are not focusing at all, they also have good potential for real estate development. but Gov. see the profit margin by using dirty politics.

This is a crap POLITIC but i think it is interesting and right time to INVEST in Right Property in NCR (Specially Noida/Greater Noida).

As per GP - i think International Agenda is involved in this matter so all things should be moving nice, Its not only the responsibility by GNA but Prestige(Host) of whole nation now after all we are talking about International Games and whole eyes will be on Us.

We still can not forget poor hosting of " Common wealth games " and Whole Ghotala in that is still finding the solution.

I wish things would be fine. We can hope "NOT TO BECOME A JOKE IN THE FRONT OF OTHER NATIONS"
 
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