[RM Motorsports]

Indian Oil Corporation (IOC) is set to start producing fuel for Formula 1 (F1) cars in three months. The fuel will be produced at the Paradip refinery in Odisha, which is known for its advanced technology and strategic location.

IOCL Chairman said that the company is not going to stop here until it can produce fuel for the world's prestigious Formula One car racing championship.

SM Vaidya, Chairman, IOCL, as he announced the partnership with Two Wheels Motor Racing as the "Official Fuel Partner" for the prestigious FIM (Federation Internationale De Motocyclisme) Asia Road Racing Championship (ARRC) over a span of three years, from 2024 to 2026.

This collaboration entails Indian Oil providing FIM category 2 race fuel, "STORM-Ultimate Racing Fuel," across all Asia Road Racing Championship rounds.

"STORM", which is produced at Indian Oil's Gujarat refinery, is a highlight of Indian Oil's diverse and ambitious product range, which also includes AVGas 100LL and reference fuels, reflecting India's commitment to self-reliance (Atma Nirbhar Bharat) and technological advancement.

The arrival of 'STORM,' in the international arena marks a significant stride towards bolstering the 'Make in India' initiative.

https://energy.economictimes.indiati...niche%20fuels.

[GTO]

Changing the thread title. That ET article is pure clickbait, nowhere is it said that IOCL has an agreement to start supplying fuel to Formula 1. It's just a pipedream.