India not giving up hope of Formula One return


MUMBAI (Reuters) - India's motor sports federation is optimistic the tax problems that have jeopardised the country's Formula One race will be resolved and the home Grand Prix will be back in 2016.

Formula One commercial supremo Bernie Ecclestone told Reuters on Wednesday that the Buddh International Circuit near New Delhi will not be hosting a race next year after being dropped from the 2014 championship.

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