Greater Noida, Oct 19 (IANS): The much sought after grandstand tickets for the inaugural Formula One Indian Grand Prix will be up for grabs at Rs. 15,000 as organisers Jaypee Sports International (JPSI) are not insisting on the purchase of three-day package tickets. They have also revised the rates of the picnic and the classic stands at the Buddh International Circuit here.

JPSI MD Sameer Gaur had announced Wednesday that the ticket prices will be revised with a little over week left for the historic event scheduled Oct 28-30. The new package will come into effect Thursday.

JPSI sales officer Ishani Ghosh told IANS that around 25 percent of the 75,000 tickets that had been put for sale are still available. While the total seating capacity is 110,000 the remaining tickets will be distributed as per the company's commitments.

"The three-day cost of the ticket will remain the same, we have only added the option of buying tickets for the race day Sunday. The offer is for the grandstand, classic stand and picnic stand," Ghosh told IANS.

That means fans who only want to watch the main race can buy a grandstand ticket for Rs.15,000 instead of shelling out Rs.35,000 for the three-day combined ticket. The grandstand can seat 20,000.

Similarly, a seat in the classic stand will cost Rs.4,000 for the race day against Rs.6,500 for three days -- practice sessions Friday, qualifying Saturday and the main race.

A single day ticket for the two open picnic stands can be bought for Rs.3,000 whereas the overall package comes to Rs.6,000.

The offer is not valid for the premium stand, located next to the grandstand. A three-day premium stand ticket costs Rs.12,500.

"The tickets can be bought at bookmyshow.com and the offer will be on until the tickets are sold out. The grandstand and the premium stand are the most sought after seats. We expect them to be sold out very soon," added Ghosh.

The cheapest tickets of Rs.2,500 were for natural stand and were sold out three days after the launch Aug 21.