Nag's New Business with Sachin and Shahrukh

Akkineni Nagarjuna is not just a star of Telugu cinema but he is also a crafty businessman with shrewd business acumen. Now, it is heard that he is all set to join hands with the likes of Sachin Tendulkar and Shah Rukh Khan for a new business venture. They are all set to come together to own a racing team.

This team will be part of the motor sports league which is being backed by Sachin and sources say this would be on the lines of Formula One Indian Grand Prix. Buzz is that the first edition would be hitting the tracks on January 8th and it will end on February 26th 2012.

There is also news that Sanjana Reddy has bought a whopping 26% share in the league. The races will have the presence of Formula 1 drivers along with Indian drivers and this would be held across various locations such as Delhi, Doha, Bahrain, Kuala Lumpur, Abu Dhabi. This should be interesting.