Sachin Tendulkar, Yuvraj Singh may own racing teams

Updated: Aug 05, 2011, 14:14 PM IST

Mumbai: Indian cricket stars Sachin Tendulkar and Yuvraj Singh have been approached to buy car racing teams, costing USD 5 million each, in the proposed i1 Super Series, scheduled to begin from December 18.

Nine teams, with two cars each, will compete in seven Asian cities in a short calender, consisting of 14 races on seven weekends.

"Cricket and Bollywood stars and a few top industrialists have already shown a keen interest to own the nine Indian city-based franchise teams. Cricketers Tendulkar and Yuvraj Singh have been approached," said the CEO of event promoters Machdar Motorsports, M Darshan at a media conference.

Batting legend Sachin Tendulkar is a huge Formula One fan and even owned a Ferrari car, gifted to him by the manufacturers, till recently. He had sold that car to a Surat-based businessman.

Asked whether India captain Mahendra Singh Dhoni, a motorcycle enthusiast, had also been approached for the purpose, Darshan said "No comments."

"The cricketers, if they want, can also form a consortium and own a franchise team," he said.

The nine franchises are being sold at a base price of USD five million and it is available only by invitation and not auction. The list of owners along with the series` broadcast partners would be announced in the coming weeks, the promoters said.

Each team will have an Indian and a foreign driver and each franchise will race with two cars, thus forming a 18-car grid.

The series will held in seven Asian cities - New Delhi and Chennai in India, Abu Dhabi, Doha and Dubai in the Arabian Gulf, Kuala Lumpur in Malaysia and Pattaya in Thailand.