Just Marketing International nabs Formula One deal in India

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Just Marketing International, an Indianapolis-based motorsports marketing firm, has been hired by India-based JPSK Sports
Private Ltd. to provide strategic consulting services for the commercial development of the Jaypee Group Circuit, the venue
that will host the inaugural Formula One Indian Grand Prix in 2011.

Financial terms of the deal were not disclosed.

JPSK Sports is constructing a world-class motorsports facility near Greater Noida, about 25 miles outside New Delhi, as part
of Jaypee Sports City. The Formula One circuit is part of a 2,500-acre site that includes a 100,000-seat international cricket
stadium and, in future phases, will also feature world-class hockey, soccer and tennis facilities.

JMI will provide strategic counsel in developing a motorsports facility plan and support JPSK Sports in optimizing return-on-investment
for both the venue and the events staged at the complex, including the Grand Prix.

“JMI comes to us highly recommended by global leaders in motorsports,” said Mark Hughes, JPSK Sports vice president
of operations. “The agency’s experience, relationships and insider knowledge, combined with a thorough and broad
understanding of the commercial landscape of motorsports and sponsorship, will be invaluable to us as we launch this ambitious
venture.”

Tom Moser, executive vice president of strategy for JMI, said the deal gives the Indianapolis firm an entry into a growing
motorsports market.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In