Bernie Ecclestone hails Indian Grand Prix preparations, allays tax and security scares – Formula 1
The upcoming Indian Grand Prix has had its share of rumours, with the biggest concern of being hit with import tax.
While that issue was ridden off, there is yet another issue of income tax that the teams and drivers may have to bear during the one-week stay in the country.
However, chief of Formula 1 Management, Bernie Ecclestone believes otherwise.
“There has been some problem with tax and stuff but I don't think people have understood the structure,” Bernie told the Deccan Herald. “People haven't quite understood the right way to go about it. It's all pretty clear, there is no real problem.”
He further said, “As far as security goes, I don't think we can see anywhere in the world where there isn't a bit of uncertainty these days. I don't think there is the slightest bit of concern, though. Everything has been done and I suppose the best work
will be done.”
He also mentioned that he believes that the Buddh International Circuit will be ready in time for the event. He praised the circuit as well, saying that from what he has seen it looks to be a very nice circuit, the one that the drivers will be very happy
with. He duly praised the people behind the hard work.
However, local farmers are threatening to stage protests against the government’s inadequate compensation for the land they provided for the Buddh International Circuit. They say their protest is only targeted towards the government and was not against the
race.
The farmers plan to protest on October 23, 2011 next to the track to hope for a reaction or a response from the government, and are willing to stop the protest altogether if the authorities are willing to listen to their demands.
All these hurdles should not be a worry for the major inaugural event at the Buddh International Circuit, and if all goes to plan it would turn out to be a very nice event, not only for the Formula 1 world but also for the local fans who would love to see
such an event in the country.
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