The Indian GP could be under threat because of a dispute between the F1 teams and the country’s tax authorities.
The Indian government is claiming what it believes to be its share of the annual incomes of the 12 teams, and directors of teams could apparently be held personally responsible for ensuring that the requested taxes are paid.
Driver earnings are also involved in the saga, and while they face issues in a number of countries, the teams as such are not usually involved in tax situations.
“It’s a serious issue and it needs to be resolved,” FOTA’s Martin Whitmarsh told this blog today. “And the teams need to receive the appropriate reassurance to be able to go to India.
“There is a significant worry and concern among the teams, and it needs to be resolved. I am sure it will be, but if it weren’t to be resolved then it would threaten the race, wouldn’t it?
“It’s an issue of withholding tax. It’s not an unfamiliar one. There are tax treaties between countries and it’s an extraordinarily complex matter. All of the financial directors within FOTA are working together and are very concerned about it. We’ve employed Ernst and Young as consultants to help find a solution, and hopefully we will.”