Buddh International Circuit one of best in world: Bernie Ecclestone
- Supreme Court to hear plea today for relook at verdict on gay sex
- J&K Governor calls for talks today, PDP signals phone call from Delhi may bring back BJP alliance
- RBI keeps repo rate unchanged at 6.7%; CRR at 4%
- Raigad: 13 Pune college students drown during picnic at Murud beach
- Zika virus outbreak: WHO declares global emergency
Formula One boss Bernie Ecclestone today lauded the organisers of the Indian Grand Prix for improving the facilities and also termed the Buddh International Circuit as one of best in the world.
"From what we saw last year, it has been a massive improvement. The good thing is that when there is something wrong they don't run away and hide. They put it right," the F1 boss, who celebrated his 82nd birthday told reporters.
Last year close to one lakh people had thronged the BIC to watch the inaugural F1 race in the country but this year just over 50,000 people are in attendance.
Ecclestone said it was nothing to worry about as it is the case all around the world. However, he said if attendance does not improve in the third year, it will be a concern.
"No. first is always high, second it goes down. Third year is what is important, if it does not go up that is something to worry," he said.
Asked how India is seen as an F1 host, Ecclestone said, "The world knows India. It's (circuit) one of the best in the world. We are lucky to have big budgets in Asia."
Asked what should be the ideal race attendance for a country like India, where the population is close to 1.2 billion.
"It's difficult to answer that since we have competition from what you call that sport, cricket," he said.
Talking about the much-debated issue of budget cap in the sport, the F1 chief said a cap that covers all the spending of teams is the best way to go forward.
"We are looking at the right way of putting it in. I hate the word cut, it's not the way to go. What we are trying to do is to reduce the money spent, create a sensible budget and not spend a fortune.
- The economy is best served by lowering interest rates and blocking protectionism
- As it completes 10 years, there is enough evidence to show that India needs the MGNREGA
- For Randhir Singh, teaching was next to revolution-making.
- Intizar Husain seemed as much a stranger in a strange land in Pakistan as he did in India
- Ten years on, MGNREGA requires constant review. And consistency in political support
- The global economy is in trouble but India is attracting positive comment