IOC’s Paradip refinery in Odisha will produce F1 racing petrol in three months, making it the first Indian company to do so. The fuel will be certified and meet the strict regulations set by FIA. Previously, IOC helped India join the league of nations producing specialized reference fuels.
The company also supplies premium fuels with higher octane numbers for luxury cars and bikes, as well as a game-changing diesel variant. The company is now entering the racing fuels segment with ‘Storm’ petrol for motorcycle racing.
IOC aims to produce Formula 1 fuel in the next three months and is set to be the official fuel partner for the FIM Asia Road Racing Championship. This signals the company’s intention to expand into high-performance fuel markets.
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