Search results
Results from the WOW.Com Content Network
The first edition took place on 30 October 2011, as the 17th race of the 2011 Formula One season. [1] The inaugural race was won by Germany's Sebastian Vettel. Jaypee Sports International Limited was the organizer of Formula One racing in India and had signed a five-year contract with Formula One Management (FOM) to host the championship in India.
From 2010 until the end of 2021 championship, if the race had to be abandoned for any reason before 75% of the planned distance (but after a minimum of two completed laps), then the points awarded were halved: 12.5, 9, 7.5, 6, 5, 4, 3, 2, 1, 0.5. The rules regarding the awarding of points were reviewed by FIA, teams and Formula One following ...
A frequently-proposed [107] [108] alternative to arm's-length principle-based transfer pricing rules is formulary apportionment, under which corporate profits are allocated according to objective metrics of activity such as sales, employees, or fixed assets. Some countries (including Canada and the United States) allocate taxing rights among ...
The transactional net margin method (TNMM) in transfer pricing compares the net profit margin of a taxpayer arising from a non-arm's length transaction with the net profit margins realized by arm's length parties from similar transactions; and examines the net profit margin relative to an appropriate base such as costs, sales or assets.
Formula One racing's governing body, the FIA, had announced the inclusion of the Indian Grand Prix for 30 October 2011. [29] Estimated to cost about ₹ 20 billion [ 30 ] ($400 million) to build, the circuit has a length of 5.125 km (3.185 mi) and is spread over an area of 874 acres (354 ha) [ 31 ] and is another creation of Hermann Tilke .
German racing driver Adrian Sutil driving for Indian F1 team Force India at the 2011 Malaysian Grand Prix. The official logo of Mahindra Racing. Motorsport is a popular form of sport in India for over 100 years.The Federation of Motor Sports Clubs in India (fmsci) is the National governing body for motorsports approved by FIA and FIM.
AMR GP, officially AMR GP Limited (formerly Racing Point UK Limited) is a British company that owns and operates the Aston Martin F1 Team, a Formula One racing team based in Silverstone, England. The company was established in August 2018 to buy the Formula One racing assets of the financially stricken Force India Formula One Team .
The 1960s began the way the previous decade had ended for Formula One's rule book with relatively few changes made. However, with the advent of a new breed of innovative and forward thinking designers like Colin Chapman [12] and the beginnings of drivers lobbying for safer racing conditions, [13] the number of rule changes made began to accelerate as the decade came to a close.