New Delhi, Feb 21 (PTI) The Adani Group is engaged on methods to restart the Formulation 1 motor sport on the Buddh Worldwide Circuit in Larger Noida, Karan Adani, the Director of Adani Cement stated on Saturday.
Based on official sources, Sports activities Minister Mansukh Mandaviya lately visited the circuit and held talks with officers from Yamuna Expressway Industrial Improvement Authority.
“I am very excited… clearly the Buddh circuit comes (as) a part of the deal. I am very personally engaged when it comes to bringing Formulation 1 again into India. I believe India has loads of potential. There’s loads of following in Formulation 1 from India, ” Adani, who can also be the MD of Adani Ports & SEZ, stated whereas talking on the seventieth Basis Day of All India Administration Affiliation (AIMA) within the nationwide capital.
The Adani Group is within the fray to purchase the troubled Jaiprakash Associates Ltd (JAL) — the flagship firm of the Jaypee Group.
In November 2025, the infrastructure-to-energy group gained majority lenders’ vote for takeover of debt-laden Jaiprakash Associates as its ₹14,535-crore acquisition proposal included the next upfront cost than rival bidders.
Adani additional stated he has been following the game since 2000 and believes India can set a benchmark for international occasions like Formulation 1.
“Repute of India and Indians has improved very, very considerably… I do imagine that India can actually showcase Formulation 1… and generally is a benchmark for a world occasion,” he stated.
Adani stated the publicity to such sports activities in India is restricted and other people need to go to different nations like Abu Dhabi or Singapore to expertise the game.
Re-starting Formulation 1 can even present a possibility to showcase not simply the infrastructure however the hospitality and the heritage of nation, he stated.
The F1 race was held in 2011, 2012, 2013 on the Buddh Circuit earlier than being halted resulting from tax dispute with the Uttar Pradesh authorities, which stated the occasion was leisure and never a sport.