F1 chief Bernie Ecclestone in a reshuffle of the 2014 calender chucked out the Indian race, which is expected to be part of the 2015 season in the first half.
"It's obviously sad that India is not on the Formula One calendar in 2014," Monisha, the Sauber Team Principal, told PTI.
"In only two years India had established itself as a great event with a lot of interest by the Indian people. I truly hope that a solution can be found for the future," the 42-year-old said.
Organisers Jaypee Sports International (JPSI) preferred a slot in October 2014 but eventually agreed for the change.
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Ecclestone will present the 2014 calendar to the governing International Automobile Federation (FIA) for approval next month, with teams reluctant to go to more than 20 races.
This year's calendar has 19 races. After India's dropping, now 21 venues are jostling to find a place in the 2014 calender with Russia likely to make its debut and New Jersey and Austria also in the fray to host a race.