In a groundbreaking initiative, Tata Communications presents the F1 Connectivity Innovation Prize � a trailblazing new contest that will award a grand prize of $50,000 to a winning individual or team. The competition is intended to catalyze next-generation technologies by providing a broad canvas from which to inspire imaginative and inventive thinking. Candidates can send their application till 27 December, 2014 and apart from prize money there are other prizes, which include VIP trips to the FORMULA 1 GRAND PRIX DE MONACO 2015.