Former IMG man Krishnan to chair India's new X1 Racing League
Xtreme1 Racing League, the new franchise-based Indian motor racing competition, has announced the appointment of Ravi Krishnan, formerly the head of IMG’s operation in the country, as its chairman.
Krishnan (pictured) took up the non-executive position in May.
The league, also known as X1 Racing League, is being marketed as the world’s first professional franchise-based motorsport league, with businessmen Armaan Ebrahim and Aditya Patel as co-founders.
It is set to launch in October with eight city-based franchises and 32 male and female drivers from India and overseas, and will take in four venues, including established race tracks and street circuits.
Krishnan made his name as managing director of IMG India, helping the international agency establish a foothold in the country back in 1995, and creating properties such as cricket’s Sahara Cup in Toronto, tennis’ Aircel Chennai Open and the Lakme India Fashion Week.
He is presently chairman of KwanAbler, a company he co-founded that works in sport, media and entertainment, and of Stepathlon Lifestyle, a global digital wellness organisation he also co-founded.
Krishnan said: “The X1 Racing League is a timely new beginning for motorsport in India. Aditya and Armaan are very well-credentialed and the expanding X1 Team led by them equipped to execute a successful league. I look forward to participating in and contributing to this exciting ecosystem and making X1 a major foundation of the Indian Sport landscape.”
Ebrahim added: “We are delighted to welcome Ravi in our young family. His immense experience and strategic skills will help the league get future ready in a fast-evolving motorsports landscape. Ravi has built IPs in sports, lifestyle and entertainment which are premier properties in the country today and we except his leadership to take us to similar heights.”