India Grand Prix: Ecclestone open to two races in India

October 26, 2012

Bernie-Ecclestone-Formula

India can hope to host two Formula One races within the next decade but the country faces plenty of competition on a crowded calendar, according to the sport's commercial supremo Bernie Ecclestone.

In a conversation ranging from sacred cows on India's roads to Lewis Hamilton's move to Mercedes next season, the Briton told reporters at the Indian Grand Prix that a second race in the country was a possibility.

"We've got too many races now either in the championship or about to go in. So, later on maybe. Three or four years," he said.

Ecclestone doubted it would be in Mumbai, home of the 'Bollywood' film industry and the country's financial capital, but "one of the other big places" instead.

Asked whether Mumbai would not be the obvious place, with Sunday's race catering for the capital at the Buddh Circuit some 45km south of New Delhi, he grinned mischievously: "Probably is, actually."

Next year's calendar will have 19 races, a reduction from 20 this season, with New Jersey's debut postponed to 2014 and Valencia now alternating with Barcelona.

Russia is due to make a first appearance in 2014, with a race following on from the Winter Olympics in Sochi, and Mexico and Thailand are among those countries also pushing to be included.

Ecclestone said next year would be too soon for Mexico, whose interest in the sport is likely to soar with Sergio Perez replacing Hamilton at McLaren.

The country last hosted a grand prix at Mexico City's Autodromo Hermanos Rodriguez, a circuit named after the late brothers Pedro and Ricardo who both raced for Ferrari in the 1960s, in 1992.

"They haven't got a circuit that's ready," said Ecclestone, who shook his head when asked about the old one. "That's the problem. It's the old one. It just needs sorting out a bit."


INDIAN BIRTHDAY

The Briton, looking in good shape ahead of his 82nd birthday on Sunday, said New Jersey's decision to postpone had not cost local organisers money - "because they haven't got it" - and hoped a new contract would be agreed for 2014.

Sitting in front of a backgammon set - having just concluded a 'board meeting' with old friend and playing partner Karl-Heinz Zimmermann - Ecclestone was open-minded about the Formula One championship as it entered the decisive last four races.

Red Bull's Sebastian Vettel, who is close to Ecclestone and occasionally joins him for a game of backgammon, is chasing his third title in a row with a six points lead over Ferrari's Fernando Alonso - also a double champion.

"I don't mind who wins. I think the guy that deserves to win eventually will win," said the Briton, whose grip on Formula One remains as firm as ever despite legal troubles in Germany over the past sale of a stake in the sport.

Hamilton is effectively out of the picture and has said he does not expect to win much with Mercedes, who have been off the pace for most of the season, in 2013 as the team prepares for a radical shift in the rules for the year after.

Ecclestone had no doubt that his arrival, in place of the retiring seven times champion Michael Schumacher, would be beneficial for the team.

"I think it's good for Mercedes. If they are going to really get their act together they need someone like Lewis that's going to do a bit of inspiring to people that want to go and work there," he declared.

"Nobody wants to work for a team (when) they don't look as if they are doing well but now maybe they will. I think his name is enough... which is what everyone expected of Michael."

The supremo said a new 'Concorde Agreement', the document binding the sport's commercial side together and expected to be signed soon by all parties, was "beautiful" and "one of the best Concordes we have ever had".

The governing International Automobile Federation (FIA), led by Jean Todt, wants to raise the entry fees paid by teams as part of that deal, to help finance it's own activities, and Ecclestone saw a logic to that.

"He wants to put the FIA on the same sort of footing as FIFA and the IOC and all those (bodies)," he said. "Nice big offices and making it look like a prestige federation."

Road safety is one of Todt's priorities in office but Ecclestone, back in controversial mode, cast a blind eye on the hazards of driving in India, where cows often wander across highways and elephants loom out of the dark among the unlit trucks and mopeds.

"It's no more (mad) than lots of places we go to. Are you going to Brazil?," enquired the bespectacled octogenarian, who is driven to the track in India.

"I haven't seen any cows. Same as when I went to Bahrain. I didn't see any protesters."




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Agencies
April 2,2020

Lausanne, Apr 2: The postponement of the Tokyo Olympics and the shutdown of the sporting calendar because of the coronavirus pandemic are going to hit international sports federations hard financially.

Many sports that are part of the Games depend heavily on the payouts every four years from the International Olympic Committee (IOC).

"The situation is tense and very gloomy. An assessment will be made, but clearly some posts are under threat," said an official of a major international federation.

The 28 international federations (IF) of the sports that were due to be present at the Tokyo Olympics, would have received substantial sums from the IOC.

However, the postponement of the Games until 2021 could lead to a freeze of their payment.

"We have a lot of IF with substantial reserves, but others work on a different business model, they have income from major events which are suspended, which can be a problem for the cashflow if they don't have enough reserves," said Andrew Ryan, director general of the Association of International Olympic Summer Sports Federations (ASOIF), which is responsible for distributing this money.

The five additions to the Tokyo Games programme - karate, surfing, skateboarding, climbing and baseball/softball - are not eligible.

The Olympic payout totalled 520 million after the Rio Games, four years ago.

"The Olympic money could be less than for Rio 2016," Ryan warned before adding: "My advice is to budget the same as in Rio".

The federations receive money on a sliding scale determined by their audience and size.

The three largest (athletics, swimming and gymnastics) can expect approximately 40 million.

For the second tier, made up of cycling, basketball, volleyball, football and tennis, the sum is 25 million.

For group three, which contains eight sports, including boxing, rowing, judo and table tennis, it is 17 million.

The nine sports in the next level (including sailing, canoing and fencing) receive 12 million.

For the three in the last category (rugby, golf, modern pentathlon) the payout is 7 million.

For the largest associations, such as football's FIFA which has a 1.5 billion nest egg, or basketball body FIBA which has CHF 44.4 million (42 million euros) in reserves, IOC aid represents a small proportion of their income.

For others, it is vital.

"Some IF probably don't have the cashflow to survive one year," said Ryan.

For most federations, the postponement of the Olympic Games has a domino effect, forcing them to reschedule their own money-earning competitions.

"The revenues from these events will eventually come in," said Ryan. "But this impacts the cashflow." World Athletics has already postponed the 2021 World Championships in Eugene, Oregon to 2022.

The International Swimming Federation (FINA) will have to do the same for its World Championships scheduled for next summer in Fukuoka, Japan, when they would probably clash with the Tokyo Games.

"One edition of the World Championships means for us 10 million in revenues," said one sports federation official, speaking on condition of anonymity.

"If this income is postponed, totally or partially, for a year, we will face major problems, especially if the IOC money, originally expected in September, is not paid out."

The Singapore-based International Table Tennis Federation has already taken steps, with "the Executive Committee agreeing to reduce their expenses and senior staff offering to take a salary reduction," said marketing director Matt Pound, but, he added,"further cuts will take place if needed."

- 'Significant loss of revenue' -

The ITTF has suspended all its competitions until June and that is costly.

Kim Andersen, the Danish president of London-based World Sailing, said commercial revenues are not immune.

"The IOC will eventually pay out its aid, but what weighs most heavily is the uncertainty about whether our competitions will be held and whether our sponsors will be maintained," he said.

The IOC is not prepared to go into details of what it plans.

"It is not possible at this stage to assess the overall impact" of the postponement of the Tokyo Olympics, an official told AFP.

"It depends on a number of variables that are currently being studied." According to an official of one federation: "the IOC will discuss on a case-by-case basis, sport by sport".

Another option is for the federations to ask for a share of the public aid set up to deal with the coronavirus crisis, in Switzerland, where 22 ASOIF members are based and also in the United Kingdom, home of World Sailing.

"Can sports federations benefit from federal aid? The answer is yes, in principle," Philippe Leuba, State Councillor of the canton of Vaud, in charge of the economy and sport, told.

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News Network
January 29,2020

New Delhi, Jan 29: Badminton champion Saina Nehwal joined the ruling BJP today and is likely to campaign for the party ahead of the February 8 Delhi election.

"I have won medals for the country. I am a very hardworking and I love hardworking persons. I can see Prime Minister Narendra Modi does so much for the country, I want to do something for the country with him," the shuttler said, wearing the BJP scarf.

"I draw a lot of inspiration from Narendra sir".

Haryana-born Saina Nehwal, 29, is a major acquisition for the party in the middle of the Delhi poll campaign; she is one of the most popular sportspersons in India with a huge fan following and brand value. She is preparing for the 2020 Tokyo Olympics.

A former world number 1, she has been honoured with the country's top sporting awards like the Rajiv Gandhi Khel Ratna and Arjuna Award. She was also awarded the Padma Bhushan in 2016.

The Badminton player has won over 24 international titles. In the London Olympics, she won a bronze. She was world number two in 2009 and number one in 2015.

With her tweets praising Prime Minister Narendra Modi, Saina Nehwal was widely seen to lean towards the BJP.

One of her tweets became controversial when it was found to be identical to several others in praise of a PM Modi speech last year. Saina was trolled on Twitter with screenshots of the identical tweets. She was also among the sportswomen who put up identical tweets on Diwali thanking PM Modi for his initiative to empower women, with the hashtag #bharatkilaxmi.

The BJP roped in many famous personalities last year, including cricketer Gautam Gambhir, who was elected MP from Delhi in the national election, and wrestler Babita Phogat. Just before the Haryana assembly polls, the party roped in wrestler Sushil Kumar, Babita Phogat and former Hockey team captain Sandeep Singh. Sandeep Singh won the election and was appointed minister.

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News Network
March 26,2020

New Delhi, Mar 26: As India continues its fight against coronavirus, the Board of Control for Cricket in India (BCCI) President Sourav Ganguly pledged to donate rice worth Rs 50 Lakhs to the needy people.
The Cricket Association of Bengal (CAB), in its statement, said Ganguly along with Lal Baba Rice will provide rice to people who have been put in government schools for safety and security.
"#Sourav to provide Free Rice to the Needy It is heartening to note that Sourav Ganguly along with Lal Baba Rice has come forward to provide free rice worth Rs 50 lacs to the needy people who have been put in government schools for safety and security. Hope this initiative of Ganguly would encourage other citizens of the state to take up similar initiatives to serve the people of our state. #CAB," CAB said in a statement.
CAB President Avishek Dalmiya has also lent support to the needy people as he donated Rs 5 lakhs to the Government's Emergency Relief Fund.
"CAB President donates 5 lakhs to the Government's Emergency Relief Fund to fight against #CoronaVirus/#Covid19," CAB said in a statement.
Prime Minister Narendra Modi on Tuesday announced a 21-day nation-wide lockdown to contain coronavirus.

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