Buddh International circuit is an Indian motor racing circuit in Greater Noida

Uttar Pradesh, India .The circuit is best known as the venue for the annual Formula
One Indian Grand Prix, which was first hosted on 30 October 2011, but has been
suspended since the 27th of October 2013 due to an ongoing tax dispute with the Uttar
Pradesh government. The track was officially inaugurated on 18 October 2011. The
5.13 km long Circuit has been designed by world-renowned German architect and
racetrack designer Hermann Tilke.
Formula One racing's governing body, the FIA, had announced the inclusion
ofthe Indian Grand Prix for 30 October 2011. Estimated to cost about 20
billion($400 million) to build, the circuit has an approximate length of 5.13 km and is
spread over an area of 874 acres (354ha) and is another creation of Hermann Tilke.
The circuit was officially inaugurated on 18 October 2011, just about two
weeks before the first race. The seating capacity is initially expected to be 1,10,000
with provisions to increase it to 2,00,000 later on. The circuit is part of the 2,500-acre
(1,000 ha) Jaypee Greens Sports City, which has increasingly delayed plans to include

100,000 seating capacity international cricket stadium,

18-hole golf course,
25,000 seat field hockey stadium and a
Sports academy.

The circuit design incorporated feedback from the teams on how thecircuit
could be altered to improve overtaking.

OBJECTIVES OF THE PROJECT:

1. Study of the project
2. About Stakeholders
3. Stakeholder Analysis

Fig: Jaypee Sports City

Risks Involved in the project:

1. Farmers of the nearby villages:
Land from 10 to 12 villages in greater Noida was acquired by the state
government for industrial purposes using section 17 of land acquisition act of
1984.
2. Notice given by the Enforcement Directorate:
The Enforcement Directorate issued an estimated Rs 200 Cr notice for
violation of foreign exchange rules. The notice was issued under the Foreign
Exchange Management Act of 1999. The notices alleges contravention of Forex
in the preparation of the F1 race and is pegged at close to Rs 200 crore.
3. Notice from the Supreme Court:
Supreme Court had issued a notice to the state government for waiving
entertainment and luxury tax for the Formula One.
Those are the major risks identified till now. There is a scope of more minor risks to
be seen during the progress of our project.

Stakeholders:
The stakeholders can be divided into two types.

1. Internal Stakeholders
2. External Stakeholders
List of Internal Stakeholders identified till now :
S.No
1
2

Stakeholder
Jaypee Group
Formula 1

3
4
5
6
7

Federation of Motor Sports

Club of IndiaHerman Tilke
Oriental Structure Engineers
Shapoorji & Pallonji
JMC Projects

Airtel

Role
Owner
Governing body of the
motorsports
Governing body of the
motorsports in India
Chief Architect
Construction of Track
Construction of Grand Stand
Construction of Team Buildings
and other structure
Main Sponsorship

List of External Stakeholders identified till now:

S.No
1

Stakeholder
UttarPradesh Government

Role
Earning Revenue from Tax,
Giving Permissions

Farmers

Land belongs to them

Developing express way

Yamuna Expressway Industrial

development area
District Courts

5
6

Media
Audience

All the clearances,

Resolving disputes, Plan Approval
Information to general public
Watching the events

List of works needed to be completed in the project:

1.
2.
3.
4.

Identification of minor stakeholders.

Power Interest Matrix
Cliptool
Profile cards of stakeholders