India to host GP in 2010

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Suresh Kalmadi, the President of the Indian Olympic Association, declared that India will host its first Grand Prix in 2010. Kalmadi said during a press conference that the FOM approved 2 sites near New Dehli to build a race track and the Indian Olympic Association can make the final decision.

Suresh Kamandi declared to newsagency 'Reuters': "I met Mr. Ecclestone in London last week and I'm happy to say he told me it is a good report and that they have selected two sites for the F1 track. He also handed over to me the two draft contracts, for race promotion of the Grand Prix of India in the F1 world championship and the circuit rights agreement. I'm happy to say the first race has been finalised for the year 2010.

"We'll be signing the contract for 2010. The month is not finalised but it could be March, the first race, or after the Bahrain Grand Prix. The contract will be for a minimum 10 years. We have to work out how to utilise the track round the year."