New Delhi: Formula 1 boss Bernie Ecclestone today asserted that the troubled Indian Grand Prix has run out of time for a 2015 return and its organisers must settle the contractual obligations for a possible comeback in 2016. Ecclestone was hoping the race organisers, Jaypee Group, will sort out the five-year contract in time for a return next year but that has not happened yet, leaving the Buddh International Circuit (BIC) owners too little time to get the event back on track.

Bernie Ecclestone