News Details

Billionaire to build new Malaysian F1 circuit

A Singapore billionaire has revealed plans to construct a new circuit in the Iskandar region of Malaysia. The development, which will be known as 'Motorsport City', includes an F1-compliant 4.5 kilometre track, as well as hotels and apartments. The venture is valued at over $1.2 billion and is just minutes away from the Singapore border. Both Malaysia and Singapore currently have F1 races - though Lim is keen to attract the series to his circuit once completed in 2015 or 2016. Lim, who owns a stake in McLaren, will control 70 per cent of the project whilst the remaining 30 per cent will be divided between the Johor royal family and Malaysian state investment firm Khazanah Nasional.
Full Story »
13y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Billionaire plots new Malaysian circuit

A Singapore billionaire has revealed plans to build a second circuit...
13y ago from Crash.net

Billionaire plans new Malaysian circuit

Singapore billionaire Peter Lim is planning to build a new Formula...
13y ago from AutoSport.com

Plans for new F1 grade circuit in Malaysia

Singapore billionaire Peter Lim has outlined plans to construct a Formula...
13y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Why MotoGP hails 2025 season as a...

MotoGP promoter Dorna Sports has described the conclusion of the 2025...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Romet Jürgenson to compete in opening three WRC2...

The rising Estonian talent is joined by co-driver Siim Oja and start...

Popular On GunnersToday.com

'That's true, yes': Transfer expert confirms Arsenal...

Arsenal are reportedly interested in signing the Borussia Dortmund...
5h ago from CaughtOffside.com

'What a massive player he is for us' - Mikel Arteta...

Arsenal manager Mikel Arteta was full of praise for Declan Rice after...
3h ago from SportsKeeda.com

Contact made: Berta leading talks as Arsenal prepare...

Arsenal are looking to improve the midfield unit with the signing of...
5h ago from CaughtOffside.com

Everton 0-1 Arsenal: Gyokeres penalty sends Gunners...

Match report – Player ratings – Arteta reaction – Video...
7h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.