Virgin Racing has sold a major shareholding in the team to a Russian sportscar maker, Marussia Motors, Virgin boss Richard Branson revealed Thursday.
India’s government believes hosting a Formula One race will have no impact on the development of sport in the country.
Max Mosley has resisted pressure to stand again as FIA president and will back Frenchman Jean Todt to succeed him after 16 years in charge.
Peace broke out in Formula One on Wednesday when a deal was reached to avert a breakaway series and teams agreed to further cut costs.
Brazilian Felipe Massa is hoping he can maintain Ferrari’s mid-season recovery with a victory in Sunday’s Turkish Grand Prix.