F1 India not on track?

The latest news doing rounds is that the Sports ministry has rejected the 'Basic idea' of the Indian Grand Prix in '11. Mr Gill, ( Not to be confused with Gill, the former president of IHF:P)
has said that Formula One is not a sport. Apparently, F1 is just 'expensive entertainment', as opposed to our National Game Hockey. Not like we're doing any good at it. With the so called 'revival' and all, things may change.
Coming back, seriously? Not a sport. So the battering of 4 plus G's that the drivers experience as well as the very simple 'matter' of staying fit enough to drive those cars (Rather Machines) doesn't qualify? I don't know what does. The truth of the matter is that it is the most expensive sport there is.

Here's a definition for cricket: 'You have two sides, one out in the field and one in. Each man that's in the side that's in goes out, and when he's out he comes in and the next man goes in until he's out. When they are all out, the side that's out comes in and the side that's been in goes out and tries to get those coming in, out. Sometimes you get men still in and not out.
When a man goes out to go in, the men who are out try to get him out, and when he is out he goes in and the next man in goes out and goes in. There are two men called umpires who stay all out all the time and they decide when the men who are in are out. When both sides have been in and all the men have out, and both sides have been out twice after all the men have been in, including those who are not out, that is the end of the game!' Does this even make sense?
So much for T20 and the IPL. Cricket is a religion, and F1 soon will be too!
I don't see how anyone stands to lose out on money. So what's the problem.
Will someone pay Gill his Bill? :)
Maybe Dr Mallya will.