Goa Develops Formula 4 Circuit Amid Challenges in Indian Motorsport Talent Growth
3 hours agoBusiness
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2 SourcesGoa, India
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Goa Develops Formula 4 Circuit Amid Challenges in Indian Motorsport Talent Growth

Goa is investing Rs 57 crore to develop South Asia's first oceanfront Formula 4 street circuit and a permanent FIA-compliant track at Mopa, aiming to diversify its economy beyond tourism and create jobs in motorsport-related sectors. Meanwhile, former Indian F1 driver Karun Chandhok highlights the financial challenges limiting India's presence in Formula 1, citing lack of grassroots support and sponsorship competition with cricket as key barriers to nurturing talent.

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