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Formula One Grand Prix at Buddha International Circuit: The Context of Neo Liberalization and New Urbanism in India

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Formula One Grand Prix at Buddha International Circuit: The Context of Neo Liberalization and New Urbanism in India
Formula One Grand Prix @ Buddh International Circuit: The context of Neo liberalization and New Urbanism

Shyne U UD 559 Urban Design 3rd sem

Abstract In recent times India is witnessing a series of global and iconic events like Common wealth games, F1 Grand prix etc. These events, along with the international fame, glory and media attention have also brought about discussions on their contextual setting in terms of social and economical geography in a third world country like India. The involvement of the democratic state in the various aspects of these events and their premises has also brought in wide level criticism. The paper tries to observe these developments in the larger context of globalization, neoliberalization and the emerging trends after New Urbanism. The first Indian Grand Prix happened on the 30 October 2011 at the Buddh International circuit, Greater Noida, Uttarpradesh or rather FIA included Indian Grand Prix in its list of circuits through the event. The circuit is part of the 2500 acres Jaypee Greens Sports city, a private real estate development and is expected to cost around 10 billion Indian rupees to build. Thus the circuit is a fully privately owned and operated premise. It was with the onset of neoliberalization state started absolving from its responsibility of providing infrastructure and initiated private participation in the infrastructure sector. Jaypee Greens is an outcome of such an infrastructure project called Yamuna Express corridor where the company received development rights along the road corridor it had to build and operate. For the purpose fertile farmlands were acquired by the State Government in 2001 and passed on to the developer for the project. Since then a number of realty projects involving multimillion investments have sprung up and the farmlands acquisition has continued for more and more such projects by various developers. In India where motorsports has the least amount of audience, an event like F1 race

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