The F1 race has seen a 60% price cut in ticket rates.
The 2014 Indian GP will not feature in the F1 calendar, but this year's race tickets were up for sale starting Saturday.
The ticket rates for the race at the Buddh International Circuit that will take place on October 27 range from Rs1,500 to Rs21,000. The race weekend will be from October 25 to 27.
The seats closer to the start-finish line care priced at Rs21,000 for three days and Rs12,000 for Sunday, the race day. The tickets for the upper tier of the 20,000 capacity stand cost Rs15,000 for three-days and Rs10,000 for Sunday.
The race in its inaugural edition saw a crowd of 95,000 people attend but last year there was a huge drop to 65,000.
The tickets are up for sale on the internet and can be booked at www.bookmyshow.com. Tickets are also available from Mercedes-Benz dealers in New Delhi, Noida, Gurgaon, Mumbai, Bangalore, Pune and Chandigarh.
Fans speak:
Ignatius D'Sa, 23, a doctor said, "The price drop is not a good sign. Yeah more people will be able to afford to go for the race but it's not a positive thing for the organisers."
Prasad Tiruveli, 37, a painter said, "I don't care much about the losses. Whether the race will happen in 2015 or not is still not a 100% certain. I want to make the best of it and so will surely be going with my friends this year."
Kamini Lal, 26, a banker said, "As an F1 fan tickets so cheap is awesome but as an Indian the thought worries me. Wonder what the world is thinking about this cheap sale of F1 tickets."
Jamuna Homar, 40, a media professional said, "F1 and India always seemed like a mix that was bound to fail. This prize drop is just a big loss for the organisers. If I were them I'd keep the prices the same, true fans would pay any rate to watch the race."
On their path, Jaypee Group's MD & CEO Sameer Gaur explained the slashed prices as they said in a release, "Formula 1 lovers now have every reason to cheer as single day race tickets have been launched together with the season tickets in order to draw more and more number of spectators for the race day. With one of the cheapest tickets available on the F1 calendar, we hope to put up another memorable racing weekend at BIC in October."
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