Fresh 'Concerns' Emerge Over Formula E Race in Hyderabad After Change of Guard in Telangana
11 months, 3 weeks ago

Fresh 'Concerns' Emerge Over Formula E Race in Hyderabad After Change of Guard in Telangana

News 18  

Formula E has raised fresh concerns over its race in Hyderabad, saying it might not be able to go ahead with the round scheduled for February 10 following the latest communique from the new Telangana government. “Following a recent official communication received from the new Government of Telangana, Formula E is seeking urgent clarification of their contractual commitments under the agreement and how it could impact the Hyderabad race. “Formula E’s senior executive team met with the new leadership of the Government of Telangana immediately following elections earlier this month. “The inaugural Hyderabad E-Prix in February this year returned almost 84 million USD in positive economic impact to the region, many times more than the overhead costs invested by Formula E and the Government of Telangana,” the statement added.

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