The successful convention of the Formula-one race in the country is an achievement in itself.  This has a special significance with a given fact that Formula-one is a sport for the rich and quite unimaginable for a large section of the society in India to watch the sport live. The worldwide attention for this sport has in fact strengthened India’s image on the world panorama. In context of the event, it is worth mentioning that the F1 race took place in Uttar Pradesh. This will surely enhance the image of the state government also. The approval of the Uttar Pradesh government for holding the Formula-one race in Greater Noida has been taken as a welcome step. The event also underlined the power of the elite class in India because the class has grown so strong that they can organize a sport of their choice irrespective of the cost and expense. The success of Formula-one has established the capability of India’s private sector. Without any direct contribution from the government to the event, the justification of the question about a poor country like India organizing such an expensive event is nullified. However, it is precise to ask why chaos and corruption seep in the system when the government takes up the responsibility of organizing such a big event.

It is natural that the construction of the Formula-one track in Greater Noida in a record time reminded a section of the international media of the scams and scandals which had taken place during the CWG. It is difficult to say whether the government agencies will learn a lesson from the successful convention of the F1 event by the private sector, it would be better if the government mulls over this and realises why it cannot complete any project without scams, scandals and delays? One cannot shy away from the fact that despite all the progress, India is still considered as a poor country and in the present scenario no government can include an expensive game like Formula 1, which attracts only a special segment of the society, in its priority list. Despite this, the argument remains that F1 event in India is sneering at the scenes of misery of the poor strata of society which is baseless. Undoubtedly, the onus lies on the government to take the call as to what extent it desires to encourage such expensive sports. There can be a few reasons to justify the opposition made to the F1 event in India but one cannot turn a blind eye to the benefits that the country is availing of the aftermath success of the event. Even if one does not agree to the assessment prepared by industrial association ASSOCHAM that the Formula-one event in the country would make up to Rs 90,000 crore in the coming ten years to the national revenue, but it is true that this sport will open new job avenues and vistas for capital investment.