Home / Home / FMSCI Announces Stimulus Package Due To COVID-19

 

Due to the reign Covid-19, the postponement of Indian Motorsports leans towards an indefinite period. In light of this happening the Federation of Motor Sports Club of India (FMSCI) announces a stimulus package to support the sport in India.

This package will include the renewal of national competition licenses with a waived fee. In addition organizers with no sponsors will also be allowed free permits. Sponsored events will see a 50 per cent cut in fees.

Organizers of national championship events will receive a one-year extension and also be able to appoint local stewards to reduce travel and accommodation expenses. There’s also word that the FMSCI are working on a virtual racing event to keep racers on their toes. Similar to what we are accustomed to seeing with the Formula One racers.

The Indian motorsports industry has seen a recent influx in activities across all disciplines. The Indian Touring Car Championship (ITC) saw Volkswagen officially joining the ranks, apart from the German manufacturers Ameo Cup championship. Rally and other off-roading competitions have been running well too, with Mahindra and Volkswagen offering ample support to participants or aspiring drivers. Similarly, MRF Tyres and JK Tyres, both have been running successful open-wheeled racing series, which continues to be a haven for young upcoming talent.

With the shutdown for the season, all teams and events are worried about the future, especially when considering that sponsors may be forced to hold back their financial support. Hence, this move by the FMSCI is a welcome sigh for motorsports in the country.

 

About the author: Zal Cursetji

 

 

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