Latest news with #NarainKarthikeyan
Time of India
9 hours ago
- Automotive
- Time of India
Motorsport needs PPPs for a long drive in India: Executives
Motorsport in India show immense promise but require strong public-private partnerships (PPP) for sustainable growth, industry executives said, citing the Uttar Pradesh government's deal to host MotoGP as a positive step. Despite having hosted marquee events like Formula One (F1) and MotoGP in the past, regulatory and taxation challenges led to F1's exit from the country. Both F1 and MotoGP have over 50 million fans in India. Industry executives added motorsport holds the potential to boost tourism, generate employment and drive infrastructure development. However, they cautioned that without supportive policies and active government backing, this potential will remain untapped. "We see a fully structured and inclusive motorsport ecosystem getting built out in India, which definitely needs a two-way partnership-government putting in, private sectors coming in-with support through policy frameworks, funding, and a strong emphasis on the educational threshold that's needed," said Anshuman Singhania, MD, JK Tyre & Industries. He added that an equally critical factor is how the sport gains popularity and how people begin to view it as a viable career path. Narain Karthikeyan, India's first F1 racer, was a JK Tyre prodigy. "JK Tyre will continue to invest in people and technology to make India a global motorsport hub," he said, noting that up to 15per cent of the company's annual marketing budget is allocated to motorsport. "Over the past decade, JK Motorsport has invested approximately '200 crore in the development of motorsport-ranging from infrastructure creation and support for both emerging and established talent, to building intellectual properties, collaborating with existing events, and more," he noted. Vicky Chandhok, vice-president of Madras Motor Sports Club and former president of FMSCI, said red tape and tax-related issues had forced F1 to exit India due to lack of government support. However, he said that the UP government's backing to keep MotoGP in the state has raised hopes. "Today, we often say that India is one of the most technologically advanced countries in the world-and rightly so. But if we truly believe that, we must embrace Formula 1 and MotoGP. These are among the most technologically advanced sports globally, and many corporates are keen to partner with such events-even if it's just for a single India round," Chandhok said. He noted that F1 and MotoGP, being globally popular sports with billions of viewers, can deliver significant economic value to the country and help build Brand India.
Time of India
17 hours ago
- Automotive
- Time of India
Motorsport needs PPPs for a long drive in India: Executives
Motorsport in India show immense promise but require strong public-private partnerships (PPP) for sustainable growth, industry executives said, citing the Uttar Pradesh government's deal to host MotoGP as a positive step. Despite having hosted marquee events like Formula One (F1) and MotoGP in the past, regulatory and taxation challenges led to F1's exit from the country. Both F1 and MotoGP have over 50 million fans in India. Industry executives added motorsport holds the potential to boost tourism, generate employment and drive infrastructure development. However, they cautioned that without supportive policies and active government backing, this potential will remain untapped. "We see a fully structured and inclusive motorsport ecosystem getting built out in India, which definitely needs a two-way partnership-government putting in, private sectors coming in-with support through policy frameworks, funding, and a strong emphasis on the educational threshold that's needed," said Anshuman Singhania, MD, JK Tyre & Industries. He added that an equally critical factor is how the sport gains popularity and how people begin to view it as a viable career path. Narain Karthikeyan, India's first F1 racer, was a JK Tyre prodigy. Live Events "JK Tyre will continue to invest in people and technology to make India a global motorsport hub," he said, noting that up to 15% of the company's annual marketing budget is allocated to motorsport. "Over the past decade, JK Motorsport has invested approximately '200 crore in the development of motorsport-ranging from infrastructure creation and support for both emerging and established talent, to building intellectual properties, collaborating with existing events, and more," he noted. Vicky Chandhok, vice-president of Madras Motor Sports Club and former president of FMSCI, said red tape and tax-related issues had forced F1 to exit India due to lack of government support. However, he said that the UP government's backing to keep MotoGP in the state has raised hopes. "Today, we often say that India is one of the most technologically advanced countries in the world-and rightly so. But if we truly believe that, we must embrace Formula 1 and MotoGP. These are among the most technologically advanced sports globally, and many corporates are keen to partner with such events-even if it's just for a single India round," Chandhok said. He noted that F1 and MotoGP, being globally popular sports with billions of viewers, can deliver significant economic value to the country and help build Brand India.
News18
03-05-2025
- Automotive
- News18
Ajith Kumar Enjoys Family Day At Go-Karting Track With Wife Shalini And Son Aadvik
Last Updated: Dressed in stylish black racing attire, Ajith Kumari was seen guiding his 10-year-old son, Aadvik, on the fundamentals of go-karting. Actor Ajith Kumar was recently hospitalised in Chennai after a leg injury sustained due to being mobbed by fans and media. Days after suffering the injury, the actor has recently made his first public appearance. The prestigious Padma Bhushan awardee visited a go-karting arena with his wife, Shalini and son, Aadvik, for a thrilling start post-hospitalisation. At the gaming arena, the actor met one of India's top car racers and former Formula One driver Narain Karthikeyan. On May 2, the actor's own racing team, Ajith Kumar Racing, dropped a series of heartwarming pictures on X (formerly Twitter) showcasing the family's day at the track. Dressed in stylish black racing attire, Ajith Kumari was seen guiding his 10-year-old son, Aadvik, on the fundamentals of go-karting. His wife, Shalini, was also present, beaming with pride as she stood beside her husband. Further snapshots captured young Aadvik confidently seated in a go-kart, posing for the camera and a delightful family picture. Another special moment was captured when Aadvik had the opportunity to meet India's top car racer and former Formula One driver. The post read, 'At the track with Narain Karthikeyan. At the track with Narain Karthikeyan. @narainracing — Ajithkumar Racing (@Akracingoffl) May 2, 2025 In another tweet, Ajith Kumar Racing shared a touching glimpse of renowned Formula 1 racer Narain Karthikeyan imparting valuable racing tips and tricks to the young one, Aadvik. It appears the budding racer has the same passion for racing as his father does. The pictures suggest that Ajith Kumar is wholeheartedly supporting his son's dreams and encouraging him to practise racing from a young age. Sharing the picture, they wrote, 'Tips to the little master from the maestro @narainracing." Tips to the little master from the maestro @narainracing — Ajithkumar Racing (@Akracingoffl) May 3, 2025 Besides setting the track on fire with his fierce racing skills, Ajith also owns a team, Ajith Kumar Racing, which boasts fantastic racers – Mathieu Detry, Fabian Duffieux and Cameron McLeod. Professionally, Ajith Kumar has delivered two big hits this year. In February, he was seen at Magizh Thirumeni's Vidaamuyarchi. Next, he starred in the highly anticipated film Good Bad Ugly. The Adhik Ravichandran directorial also features Trisha Krishnan, Prabhu and Arjun Das in pivotal roles. After its theatrical release on April 10, Good Bad Ugly will have its digital premiere on the OTT platform Netflix in Tamil, Telugu, Malayalam, Kannada and Hindi. First Published:
