FMSCI announces stimulus package for Indian motorsports
The Federation of Motor Sports Clubs of India (FMSCI), India's chief motorsport governing authority, has announced a slew of measures to aid the Indian motorsport fraternity. The initiatives are aimed at helping competitors participating in a motorsport event to the promoters & its organisers.
With this initiative, FMSCI hopes to rejuvenate the Indian motorsports scene once events & activities restart as planned.
The long-lasting effect of the COVID-19 pandemic on global as well as Indian motorsports can't be overlooked. However, as India is slowly trying to get back on the path to recovery, the government and its associated bodies need to perform their duties now more than ever to facilitate this recovery in every possible manner.
In line with this thought, the Federation of Motor Sports Clubs of India (FMSCI), India's chief motorsport governing authority, has announced a slew of measures to aid the Indian motorsport fraternity. The initiatives are aimed at helping competitors participating in a motorsport event to the promoters & its organisers.
For competitors, the Competition License renewal fee (national-level) for 2021 has been waived off completely, provided the license holder does not take part in any event in 2020. Else, 50% of the license renewal fee will be applicable.
For event organisers, the FMSCI has announced a 100% waiver of Permit Fees & Naming Rights Fee, only if the event in question does not have any sponsor. Else, both fee will be applicable at 50% of the current value. The governing body will also provide aid to ease the burden of travel, logistics & hospitality expenditure for such organisers.
For National Championships (irrespective of whether held in 2020 or not), the FMSCI has agreed upon a one-year extension (details yet to be received) for its promoters.
The central government has already announced that sporting arenas & stadiums (which may/may not include race tracks and any other motorsport facilities) across the country are allowed to re-open, albeit without any spectators. Therefore, clarity is still required on the matter of conducting events in the absence of live viewers/spectators.
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