New Delhi reaches agreement to stage Formula One Grand Prix
Fri, Jun 15, 2007
AP (Associated Press)
NEW DELHI (AP) -- The Indian Olympic Committee has reached an agreement with Formula One boss Bernie Ecclestone to stage a Grand Prix in New Delhi within the next two years.
The agreement is preliminary and conditional on having a venue approved by F1, said Indian Olympic Committee president Suresh Kalmadi on Thursday.
New Delhi does not currently have an auto racing track.