A good news for India hit the shore of the nation as former Formula1 (F1) driver Narain Karthikeyan announced that he is all set to initiate his second innings in F1.Karthikeyan on Thursday, Jan 7 declared that he will join Spanish-based team HRT which had a torrid time in their first season in 2010.

"It's been a while in the making, but I am delighted to be racing again in Formula 1 in 2011. I have worked really hard to come back to F1," stated Karthikeyan. He also continued, "..it will be a dream come true to race in front of the home crowd in our country's debut Grand Prix. I hope that the Indian public will spur me on with their blessings and good wishes.

With Indian Grand Prix scheduled for Oct 30, Karthikeyan's major sponsors Tatas are supporting him as he said, "I am extremely grateful to the Tata Group, without whose unwavering support this comeback would not have been possible.""I'm looking forward to racing for HRT and to working again with Dr Colin Kolles. We have a long standing and excellent working relationship together," Karthikeyan added.