The Adani Group is actively working to restart Formula 1 racing at the Buddh International Circuit in Greater Noida. Karan Adani confirmed personal involvement in reviving the Indian Grand Prix, with government support and talks underway. The move could reignite India’s motorsport scene after more than a decade-long hiatus.
India may soon witness the roar of Formula 1 engines again, as the Adani Group has revealed plans to revive the prestigious motorsport at the Buddh International Circuit in Greater Noida. The announcement was made by Karan Adani, Managing Director of Adani Cement, who expressed his personal commitment to bringing F1 back to Indian soil.
The Buddh International Circuit, which last hosted the Indian Grand Prix in 2013, has remained largely unused for international racing events. Its revival could mark a turning point for motorsport in India, positioning the country once again on the global Formula 1 calendar.
Key highlights of the development include:
-
Strategic revival: The Adani Group is working on detailed strategies to restart Formula 1 at the Buddh Circuit, with Karan Adani confirming his direct involvement.
-
Government support: Sports Minister Mansukh Mandaviya recently visited the circuit and held discussions with officials from the Yamuna Expressway Industrial Development Authority (YEIDA), signaling strong institutional backing.
-
Global exposure: Adani emphasized that Indian fans currently travel abroad to experience F1 in destinations like Abu Dhabi or Singapore, underscoring the need to bring the sport back home.
-
Economic boost: A revived Indian Grand Prix could generate significant tourism, hospitality, and employment opportunities, while enhancing India’s global sporting profile.
-
Historical context: The last Indian Grand Prix was won by Sebastian Vettel in 2013, after which financial and regulatory hurdles led to the event’s discontinuation.
Industry experts believe that the Adani Group’s involvement could provide the financial muscle and organizational expertise needed to overcome past challenges. The move also aligns with India’s growing appetite for global sporting events, from cricket leagues to international football and motorsport.
Karan Adani noted that India has immense potential as a motorsport destination, given its large fan base and rising interest in premium sports. The revival of Formula 1 in Greater Noida would not only reintroduce world-class racing to Indian audiences but also showcase India’s capability to host mega sporting events.
If successful, the initiative could pave the way for India’s long-term presence on the Formula 1 calendar, making Greater Noida a hub for motorsport and global sporting culture.
Sources: PTI, Business Standard, India Today