F1 Motor Racing

UP govt offers 200 acres in Greater Noida to Ducati for racetrack

200-acre parcel is near Yamuna Expressway and upcoming Jewar International Airport

IOC to become first Indian firm to manufacture fuel for Formula 1 cars

Indian Oil Corporation Ltd (IOC) - the nation's top oil firm - will in three months start manufacturing fuel used in adrenaline-pumping Formula One or F1, motor racing as it looks to expand its basket of niche fuels. IOC, which already has three branded fuels, including high-selling XtraGreen diesel, on Wednesday unveiled 'Storm' petrol that it will supply for the Asian region motorcycle road racing championship. "Today, we are partnering with FIM Asia Road Racing Championship for the supply of 'Storm'. We are the first company in India to manufacture fuel of specifications used in road racing," IOC Chairman Shrikant Madhav Vaidya said. IOC will supply fuel for all the motorcyclists from 15 countries that will participate in the FIM Asia Road Racing Championship. "Our R&D (research and development) in two months will be able to produce Category-1 fuel and in three months Formula 1 fuel," he said. "Unless we go to F1, the journey is not complete." 'Storm - Ultimate Racing Fuel' is

F1 roars into Vegas with concerts, celebs and, eventually, actual race

Racing in Texas and then Mexico City and then Brazil, followed by a quick trip back to the United Kingdom before finally arriving in Las Vegas, Formula One driver Alex Albon could not stop thinking about his golf game. He felt up to speed on the Las Vegas street circuit after turning about 500 laps on a simulator. His golf game? Not as sharp. Albon was among the four drivers who competed in The Netflix Cup," a made-for-TV golf match that paired F1 drivers with golfers from Full Swing. The streaming giant's first foray into live sports coverage kicked off a week of parties and concerts ahead of Saturday night's race down the Las Vegas Strip. We've had three races, been in Mexico, Brazil and the United States, and all I was worried about was this match, said Albon, who upon landing in Las Vegas played a round with a golf coach and his girlfriend, Lily Muni, a player on the LPGA Tour. The match at Wynn Golf Club was won by Justin Thomas and partner Carlos Sainz of Ferrari, who prompt

MotoGP Bharat ropes in oil major IndianOil as title sponsor for the event

The first batch of motorcycles started arriving at the Buddh International Circuit, Noida, on Thursday

Formula One: Verstappen wins Belgian GP to extend huge lead at the top

Defending Formula One champion Max Verstappen emphatically won the Belgian Grand Prix on Sunday for an eighth straight win and 10th overall of a crushingly dominant season. He finished 22.3 seconds ahead of teammate Sergio Perez to give Red Bull and easy 1-2. It moved Verstappen ominously closer to a third straight world title and his own F1 record of 15 wins from last year. Verstappen is 125 points ahead of Perez after just 12 races, and his next target is matching Sebastian Vettel's F1 record of nine straight wins with a victory at the Dutch GP when the lopsided season resumes on Aug. 27. Ferrari driver Charles Leclerc finished in third spot for a third podium of the season, with Lewis Hamilton in fourth for Mercedes ahead of Aston Martin's Fernando Alonso. George Russell was sixth for Mercedes, with Lando Norris (McLaren), Esteban Ocon (Alpine), Lance Stroll (Aston Martin), and Yuki Tsunoda (AlphaTauri) completing the top 10. Leclerc started on pole ahead of Perez, with Hamilto

Formula One to launch new racing series 'F1 Academy' for female drivers

Formula One is launching a new racing series for female drivers that will start next year. The series, to be known as the F1 Academy, will be subsidized by F1 and is likely to be a support series for one weekend of the F1 season. F1 said it would contribute funding of 150,000 euros ($156,000) per car and will require the drivers to cover the same amount, which represents a fraction of the usual costs in a comparable series. There will be 15 cars on the grid for a 21-race season split across seven rounds. The series will aim to recruit young talent currently in go-karting or other junior categories in the hope they can later graduate to Formula Three as a next step, and eventually compete in F1. The announcement comes less than two months after another all-female event, the W Series, cut its season short due to financial problems. The W Series has been free to enter for drivers, unlike most developmental series which require young drivers to bring their own financial backing from .

Moto GP: Honda Team riders Marquez and Espargaro arrive in Italy

Marc Marquez and Pol Espargaro arrived in Italy resolute and determined to keep working with the Honda Team to deliver their full potential

F1's Sebastian Vettel won't race in Russia after attack on Ukraine

After President Vladimir Putin defiantly announced he was launching a military operation, Ukraine's government said Russian tanks and troops rolled across the border

Verstappen crashes out of British GP after first lap battle with Hamilton

Formula One championship leader Max Verstappen crashed out of the British Grand Prix when a spirited first lap battle with Lewis Hamilton sent the Dutchman spinning hard into a barrier

F1 champion Hamilton signs 2-year extension with Mercedes

Formula One champion Lewis Hamilton will stay with Mercedes through the 2023 season after signing a two-year contract extension, the team said Saturday. The seven-time champion is currently in his ninth season with Mercedes. "It is hard to believe it's been nearly nine years working with this incredible team and I'm excited we're going to continue our partnership for two more years," Hamilton said. "We've accomplished so much together but we still have a lot to achieve, both on and off the track." An eighth championship would move Hamilton ahead of Michael Schumacher on the all-time list. Hamilton currently trails Red Bull's Max Verstappen by 18 points after eight races. Verstappen leads him 4-3 in wins and 3-2 in pole positions. Team principal Toto Wolff said this season's tight race for the title prompted them to get the contract done. "We are relishing the battle we have on our hands this year and that's why we also wanted to agree this contract early, so we have no distracti

Singapore Grand Prix cancelled due to 'safety and logistic concerns'

Formula 1 and race organisers on Friday confirmed that this year's Singapore Grand Prix will not take place due to ongoing safety and logistic concerns brought about by the Covid-19 pandemic

Mercedes one-two in practice at Imola, problems for Red Bull

Mercedes topped both practice sessions for the Emilia-Romagna Grand Prix as Red Bull endured a torrid day on Friday. Red Bull was favored heading to Imola but fortunes swung in Mercedes' favor as the reigning championship team managed a one-two in both practices while its rival finished each session with just one driver. Valtteri Bottas was fastest in both, edging Lewis Hamilton by just .010 seconds in the second practice and .041 in the first. Pierre Gasly, who briefly separated the two Mercedes drivers, was .078 slower than Bottas in the second practice. It is his AlphaTauri team's home race, with its Faenza base located 15 kilometers from the track Red Bull driver Max Verstappen, who looks set to be Hamilton's closest rival this season, had a problem with his car early in the second practice and his session ended abruptly 10 minutes in. Verstappen had been third-fastest in the morning, .058 behind Bottas. Verstappen's teammate Sergio Perez failed to finish the morning practic

Emilia Romagna GP: Verstappen looks to break Mercedes' winning juggernaut

The Formula 1 caravan now moves to the historic Imola circuit

Nico Hulkenberg joins F1 team Aston Martin as its reserve driver

Nico Hulkenberg has joined Aston Martin as its reserve driver for this season, the Formula One team said Thursday.

Racing Team India to be 1st Indian team to compete at Le Mans

Racing Team India is set to become the first Indian team to compete in the iconic '24 Hours of Le Mans' later this year

F1 icon Michael Schumacher's son Mick to race for team Haas in 2021

Mick Schumacher, 21, leads the Formula 2 title race heading into the final round of the season at Bahrain International Circuit.

Lewis Hamilton wins F1 British Grand Prix for record sixth time

The defending five-time world champion clocked the fastest lap on his final lap to finish 25 seconds clear of Mercedes team-mate and nearest title rival Valtteri Bottas

SC upholds HC view that tax may be levied on F1 event

New Delhi, 24 AprilIn a big win for the income tax department, the Supreme Court has held that the Formula One World Championship (FOWC) in motor racing is liable to be taxed in India for the F1 Grand Prix Championship.The apex court has upheld the view of the high court (HC) here, that FOWC has a permanent establishment (PE), in India. In this case, the Buddh International Circuit constituted this, on account of the assessee's continued presence for two weeks prior and one week after the race. Hence, the payment to FOWC from the Jaiprakash Associates group is liable to be taxed in India, as business income.This is, say tax experts, the first time that a car race circuit has been held to be the fixed PE of an assessee. A PE is defined as a fixed place of business which generally gives rise to income or value-added tax liability in a particular jurisdiction.The assessing officer will now determine the income attributable to India. The business income, according to tax department ...