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Arjun Balu (18 January 1975) is an Indian motorsports athlete from Coimbatore who have competed at the highest level in both rallying and road racing. He has won 11 Indian National Racing Championship titles in different classes. He made his debut in 1992 as a 17-year old in racing and also did rallying from 1995 to 2011 for Team MRF.

He won his 10th National title winning the Indian Touring Class (ITC) Championship 2021 at the Madras Motor Race Track (MMRT) in Irungattukottai, near Chennai, organised Madras Motor Sports Club (MMSC) under the aegis of the Federation of Motor Sports Clubs of India. On way to his Championship win in ITC class, Arjun Balu set a circuit record in saloon cars class clocking 1 minute, 49.023 seconds for the 3.7-km circuit beating his own record set in February 2020 in the same class.

In a career spanning 30 years from 1992 to 2022, Arjun Balu won five Formula Indian Single Seater Maruti Engine (FISSME) titles, one Formula Ford 1600 National crown, one Esteem class title and three Indian Touring Class championships (ITC) for saloon cars. Apart from racing, Arjun Balu also took part in rallying from 1995 to 2011. He won many rounds of Indian National Rallying Championship (INRC) and also took part in many international tournaments. His Asia Zone Rally Championship win in Changchun, China round came with co-driver Kumar Ramaswamy in 2001.