Mumbai: Formula 1 (F1) is sharpening its focus on India, with chief executive Stefano Domenicali describing the country as a priority market and signalling renewed intent to revive the Indian Grand Prix more than a decade after it last featured on the calendar.The renewed interest comes after Adani Group acquired Jaiprakash Associates, which was earlier part of the Jaypee Group, through an NCLT-approved insolvency resolution process that includes the Buddh International Circuit, built at a reported cost of $400 million.Momentum for a revival has also been building within Adani Group. In February, Karan Adani, managing director of Adani Ports & SEZ and son of billionaire Gautam Adani, said he was personally leading efforts to bring Formula 1 back to India, describing it as an opportunity to showcase the country beyond a sporting event.Also read | External shocks expose India's slide into middle-income stagnation"I'm personally driving it and engaged in bringing Formula 1 back to India," Karan had said. "It's not just about hosting one race for three days, but showcasing the heritage of India.""There is a big interest from us in returning to India," Domenicali said in an interview with FanCode, Formula 1's official streaming partner in India. "We need to find the right promoters, the right collaboration, and the right timing, which will not be in the very short term."While no timeline has been set, Domenicali suggested Formula 1 was taking a longer-term view of India's return. "When we talk about five years in Formula 1, it seems to be far away, but it's not," he said, adding that interest in India was "growing at all levels."Also read | Oman unveils Muscat Peace Plan to prevent future regional conflictsDomenicali said India remained central to Formula 1's future growth plans, pointing to efforts around localised content and audience-building. "India is on our priority list to develop our attention for the future," he said. "We were in India many years ago with the Grand Prix, but the market maturity was not there," Domenicali added. "Now, we need to create the right attention, the right point of focus, the right awareness in order to eventually be able to come back and have a race there."Calling India "an incredible market" because of its scale and youthful audience, Domenicali said the country would become "an important market where we have to grow."