JANUARY 15, 2004

Delay in Hyderabad deal

The meeting which was planned for today to discuss an Indian GP has been postponed at the request of the Indians but the intention remains to have a contract signed and sealed as soon as possible so that the first race can be run in 2007. The project will be a major undertaking for the local government which must construct a complete facility close to the city's new airport. The aim of the race is to boost tourism and investment in the state of Andhra Prakesh.