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Finshots Special: A tax jam that shook India's F1 circuit

Finshots Daily

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The Supreme Court's Decision to Leave India for F1

The F4WC had to shell out a 40% plus interest on all the income it received from the races it held between 2011 and 2013. The Indian government finally recognized motorsport as an actual sport in 2015. Motor GP Bharat for example is hoping to thrive because of this recognition. Will it actually succeed? Well, we will just have to wait and see.

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