IOA confirm contract with EcclestoneIndia will host its first Formula One race, in 2009, the Indian Olympic Association said Thursday.
A deal has been signed with the sport's commercial supremo Bernie Ecclestone to hold the race in the capital New Delhi, IOA President
Suresh Kalmadi said.
"We have received a letter in this regard from Bernie Ecclestone, CEO of Formula One," Kalmadi told reporters.
"The IOA will be the promoter, the first event of which will be held in 2009."
Ecclestone has said in the past year that India was one of the future markets for motor sport after India's Narain Karthikeyan drove for Jordan in the 2005 season.
Source AFP
