India is slowly emerging as a powerful force in the F1 arena, the world body FIA recognizes the economic might of India and is therefore keen to tap into the market here. Apart from the Indian Grand Prix that is scheduled for 2011 subject to track clearance, the FIA has decided to hold the FIA awards ceremony for the 2011 season (referred to as the formula one gala night) in India next year.
Comparisons are already being made about the significance of this move. New Delhi will be the first Asian city to host these awards and has been chosen above a lot of more popular choices like Monte Carlo, Singapore, Kuala Lumpur etc. The ceremony is meant to honour World Champions in Formula One, World Rally Championship, Karting and Touring Car. The 2010 ceremony took place in Monte Carlo where Sebastien Vettel was given the championship trophy.
FMSCI president KD Madan was as expected happy with the news :
"This is a defining moment for Indian motorsport. First the Indian GP and now the awards taking place in India. It is a clear indication that India is now well and truly on the world map even in the motorsport world!
"We could not have imagined this couple of years ago but the FMSCI has been working really hard to make motorsports one of the top sports in the country. To be the first country in Asia to host the FIA Annual awards speaks volumes of how Indian motorsport is seen by global audiences.