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In India, while Formula 1 racing is not as prominent as cricket, the concept of prize money for winners is well understood through local motorsport events. The Indian Grand Prix, held at the Buddh International Circuit, showcased how winners receive substantial financial rewards, though specific figures are often undisclosed. Local products like Tata Motors\“ involvement in supporting racing events highlight the growing interest. Additionally, Indian brands such as MRF Tyres and TVS Motor Company sponsor racers, indirectly contributing to prize pools. These efforts aim to boost India\“s presence in global motorsports, inspiring young talent to pursue racing careers with the hope of earning significant prize money akin to F1 champions. |
