India’s premium tire maker MRF Tyres has just announced a new one-seater racing series of its own called the MRF Challenge 2012. The series will feature F2000 cars and its first round will comprise of support races on October 27th- 28th that will be organized around the F1 Indian Grand Prix. The second round of the races will be held with the FIA GT1 event on December 1st-2nd. MRF organized an event at the Express Avenue Mall, Chennai to promote the series where MRF brand ambassador and India’s first F1 driver Narain Karthikeyan drove a Formula 3 race car around the mall.

The race car is designed and created by J. Anand, a former International driver and is built using a drivetrain from Renault-Sport. Running on a 2.0-litre engine that is capable of outputting 210 hp, the vehicle comes with a six-speed sequential transmission. The vehicle itself is built around a Formula 3-specification Dallara chassis with a carbon fiber body. The vehicles are to be created and assembled locally by Jayem Automotive, a Coimbatore-based firm who will be working in technical collaboration with Italian company Dallara.
According to Anand, the powertrain used on these vehicles will make the MRF Challenge 2012 the fastest single-make series in the continent. He also added that the car is the perfect vehicle to showcase the company’s tire technology as well as their racing credentials. For the 2012 series, 20 cars will be manufactured costing a total of INR 50 Lakh. The series will comprise of 10 races with both international and Indian drivers being paid INR 40 Lakh in fee for the season.
Via: Car Dekho