Formula E Race in Hyderabad Canceled Due to Breach of Contract
Hyderabad, known for hosting the prestigious Formula E race a couple of years ago, will miss out on the racing excitement this time around. The cancellation of the event has been attributed to the change in government in the state, leading to a decision by the Municipal Administration and Urban Development Department (MAUD) not to fulfill the Host City Agreement signed on October 30, 2023.
Formula E Operations (FEO) found itself compelled to formally notify MAUD of the breach of contract, leaving the organization to contemplate its options and potential actions under the Host City Agreement and relevant laws. In an official statement, Formula E expressed regret over the cancellation, making it clear that all of its rights in this matter are reserved.
This unexpected turn of events raises questions about the future of Formula E in Hyderabad and the potential impact on the city's standing in the international racing circuit.