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The X1 Racing League teams will be representing six cities, franchise owners were announced today. These included Chennai team to be owned by India’s first F1 driver and the fastest Indian in the world Narain Karthikeyan; Delhi team by the Crown Prince of Abu Dhabi, Sheikh Tahnoon Bin Saeed Bin Tahnoon Al Nahyan; Pune team by Ghadoke group promoter Ameet Ghadoke; Hyderabad team by renowned industrialist Akhilesh Reddy and Ahmedabad by Pen India Studios promoter Dhaval Gada. The sixth team ownership has been confirmed and will also be announced shortly.
Ravi Krishnan, Non-executive Chairman X1 Racing feels that India is potentially a big market for motorsports if curated in the right format. He said, “X1 is creating, developing and commercializing a unique ecosystem for motorsports via 3 pillars – League, eSports and Speed Summit – to create a community that includes the avid motorsports fan, the general sports and automobile enthusiast, the youth of the nation, aspiring racers and previously untapped consumers.”Mohit Burman, Vice Chairman of Dabur India and investor in X1 Racing, said, “I am excited to back the young and dynamic X1 Racing founders. We are redefining and reinventing motorsports, and this is poised to be a pioneering endeavor.”