The attendance at the Indian Grand Prix has reportedly dropped after the inaugural year. Roberto Schmidt / AFP
The attendance at the Indian Grand Prix has reportedly dropped after the inaugural year. Roberto Schmidt / AFP

India bullish on Formula One return



GREATER NOIDA, India // Indian Grand Prix organisers were bullish about the troubled race’s future on Monday despite a drop in the estimated crowd figures and its disappearance from the schedule next year.

Organisers did not reveal how many people came to watch Sebastian Vettel’s coronation as world champion for the fourth time, but estimates varied from 50,000 to 60,000.

While not confirmed, the figures for Sunday are lower than the 95,000 who attended the inaugural race day in 2011 and the 65,000 who watched it last year.

Officials had been hoping for a strong turn-out to help ensure the Indian race returns, as promised, on the 2015 calendar after surprisingly being dropped for 2014.

However, promoters Jaypee Sports International (JPSI) said the crowd figures were similar to attendances at other grands prix around the world.

“We were always confident of good crowd numbers,” a JPSI media officer told Agence France-Presse. “Formula One is new to the country and it will take time for fans to warm up to it.”

“We are close to the average attendances worldwide on race days, except perhaps in Silverstone which attracts a bigger crowd,” he added. “We will definitely host the race again in 2015.”

The Indian GP has been hit by a troubled economy and sliding rupee, government apathy, a lop-sided financial arrangement and the lack of a home-grown driver to create local buzz.

Sunday’s race even came under threat from a court petition seeking its cancellation over alleged unpaid entertainment taxes, but the hearing was postponed.

Bernie Ecclestone, the Formula One supremo, did not attend this weekend, despite Vettel entering the race as a near-certainty to seal a fourth straight world title.

Ecclestone has said India will be back in 2015, but many fear the worst as Formula One juggles increasing congestion with new races planned in America, Mexico and Russia.

Organisers say India is missing out next year because it is being shifted to a new date earlier in the season, making it impractical to hold two races within a matter of months.

But Ecclestone has also been quoted as saying “political” matters caused India’s omission, which comes just three races in to a contract spanning five grands prix.

India’s government has refused to recognise Formula One as a sport, meaning the organisers need to pay tax and duties on everything connected with the race.

The promoters also pay US$40-45 million (Dh147-165m) to Formula One every year in licensing fees and about $1.6m to the government for permission to hold the race.

With all advertising and merchandising revenue also going to F1, the only source of income for the promoters is the sale of tickets, priced this year at $25 to $195.

Real estate giant Jaypee Group built the $400m Buddh International Circuit, about an hour’s drive from New Delhi, as the centrepiece of a major new property development.

Critics say one problem is that Formula One has failed to catch the public imagination in India, where cricket remains far and away the most popular sport.

“I think it is very difficult to come back to a country when you have left it,” Monisha Kaltenborn, the India-born Sauber boss, warned last week, according to Autosport.com.

“We have not been able to market ourselves properly in India. When you know you are not planning to be there the next year, maybe the interest has gone down.”

sports@thenational.ae

Sukuk explained

Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.

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Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

About Takalam

Date started: early 2020

Founders: Khawla Hammad and Inas Abu Shashieh

Based: Abu Dhabi

Sector: HealthTech and wellness

Number of staff: 4

Funding to date: Bootstrapped

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Key recommendations
  • Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier
  • Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
  • Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
  • More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
The years Ramadan fell in May

1987

1954

1921

1888

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Disposing of non-recycleable masks
    Use your ‘black bag’ bin at home Do not put them in a recycling bin Take them home with you if there is no litter bin
  • No need to bag the mask
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Kat Wightman's tips on how to create zones in large spaces

 

  • Area carpets or rugs are the easiest way to segregate spaces while also unifying them.
  • Lighting can help define areas. Try pendant lighting over dining tables, and side and floor lamps in living areas.
  • Keep the colour palette the same in a room, but combine different tones and textures in different zone. A common accent colour dotted throughout the space brings it together.
  • Don’t be afraid to use furniture to break up the space. For example, if you have a sofa placed in the middle of the room, a console unit behind it will give good punctuation.
  • Use a considered collection of prints and artworks that work together to form a cohesive journey.
UAE currency: the story behind the money in your pockets
Company profile

Date started: January, 2014

Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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Company%C2%A0profile
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Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE