Indian GP under threat due to tax issue
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Indian GP under threat due to tax issue
Martin Whitmarsh on Friday played down reports the inaugural Indian grand prix could be called off due to a tax issue.
But the McLaren principal, who doubles as the chairman of the teams association FOTA, admitted that the issue needs to be sorted before the F1 circus can commit to travelling to Delhi next month.
The BBC reports that, with the issue currently unresolved, teams and drivers will have to pay big tax bills to the Indian government.
"You don't go somewhere if you're going to be penalised," he said. "We have been unable thus far to get assurances from the Indian tax authorities that this manner will be resolved in a satisfactory manner.
"But I don't believe (the race) is seriously under threat. I am sure this will be resolved," Whitmarsh added.
source: motorsport.com
But the McLaren principal, who doubles as the chairman of the teams association FOTA, admitted that the issue needs to be sorted before the F1 circus can commit to travelling to Delhi next month.
The BBC reports that, with the issue currently unresolved, teams and drivers will have to pay big tax bills to the Indian government.
"You don't go somewhere if you're going to be penalised," he said. "We have been unable thus far to get assurances from the Indian tax authorities that this manner will be resolved in a satisfactory manner.
"But I don't believe (the race) is seriously under threat. I am sure this will be resolved," Whitmarsh added.
source: motorsport.com
Fernando- Fernando
- Posts : 36461
Join date : 2011-01-26
Age : 33
Location : buckinghamshire
Re: Indian GP under threat due to tax issue
Hmph.
Whitmarsh, with his FOTA Chairman's hat on, should tell Bernie that if he wants them to race in India so badly, FOM should cough up.
I'm sure that they'll "come to an arrangement" in time for the race.
Whitmarsh, with his FOTA Chairman's hat on, should tell Bernie that if he wants them to race in India so badly, FOM should cough up.
I'm sure that they'll "come to an arrangement" in time for the race.
dyrewolfe- Posts : 6974
Join date : 2011-03-13
Location : Restaurant at the end of the Universe
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