India 'will host 2011 Grand Prix'

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India will definitely host a Grand Prix in Delhi in 2011, Formula One supremo Bernie Ecclestone has told the BBC Asian Network.

Ecclestone insists he and Indian company Jaiprakash Associates Ltd are "fully committed" to the project.

"Of course we will deliver... otherwise we wouldn't have entered into an agreement," said Ecclestone.

Work on a new circuit on the outskirts of Delhi was meant to begin in October 2008 but was postponed.

Ecclestone said that this was because he has issues with the global calendar of sporting events and "certain contracts elsewhere to fulfil".

Top Indian driver Narain Karthikeyan cast doubt over the project last month, saying he didn't believe "anyone would want to invest in motorsport" during the current global economic crisis.

But Karthikeyan, who raced for Jordan and tested for Williams in F1, knows how popular the sport could be in his country.

"It will be very big for the whole of Asia because everyone will benefit," he said.

"It will also be much better for fans in India to get closer to the sport."

Ecclestone is keen to bring F1 to a country with a population of over one billion and one of the world's fastest-growing economies - even in the current global downturn.