News Details
Motorsports city proposed in Malaysia
The industrial zone of Iskandar in Malaysia has been reserved as the site of a proposed motorsports hub, the development of which will involve a testing facility for Formula 1. The project, for an undisclosed sum, is a joint venture between Malaysian company UEM Land Bhd and Singapore’s Fastrack Autosports Pte Ltd, in which businessman Peter Lim has a 70 percent stake. “Both companies will subscribe to a special purpose company called Crimson Carnival Sdn Bhd, with UEM taking a 30 percent stake and Fastrack the balance,” reports Reuters. “Crimson will buy 109 hectares of land from UEM for 223.46 million ringgit, according to a stock exchange filing on...
Full Story »
Full Story »
13y ago from F1Pulse.com
0
You May Also Be Interested In...
Plans for new F1 grade circuit in Malaysia
Singapore billionaire Peter Lim has outlined plans to construct a Formula...
13y ago from GPUpdate.net
Billionaire to build new Malaysian F1 circuit
A Singapore billionaire has revealed plans to construct a new circuit in...
13y ago from TheF1Times.com
Billionaire plans new Malaysian circuit
Singapore billionaire Peter Lim is planning to build a new Formula...
13y ago from AutoSport.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
22h ago from Motorsport.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
2d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin faces tough drive from last after...
No description available...
10h ago from Motorsport.com
IndyCar Arlington – Qualifying Results
25 IndyCar drivers took to the track Saturday afternoon to decide the...
11h ago from MotorsportWeek.c...
"Mental error" costs Kyle Kirkwood shot at...
No description available...
11h ago from Motorsport.com
Threat of high winds forces IndyCar to move up...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
23h ago from Motorsport.com
Carnage in Kenya
Saturday in Kenya saw one of the most dramatic days in recent Safari...
17h ago from MotorsportWeek.c...
“Probably the toughest rally ever”: Thierry...
No description available...
13h ago from Motorsport.com
Why Evans suffered his first WRC retirement since 2024
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 2-0 Everton: Max Dowman delivers something...
Match report – Player ratings – Arteta reaction – Video...
1h ago from Arseblog.com
David Beckham's message to personal trainer after...
Arsenal legend Thierry Henry was left amused after Manchester United icon...
1h ago from SportsKeeda.com
Sources: Arsenal and Liverpool 'closely monitoring'...
Lewis Hall is regarded as one of Newcastle United’s most important...
2h ago from CaughtOffside.com
English clubs have week to forget in Champions League...
six teams in the last 16, only two – Arsenal and Liverpool – look more...
11h ago from TheGuardian.com
Comments
Hottest News
McLaren disaster as Lando Norris and Oscar Piastri fail to...
The McLaren duo of Lando Norris and Oscar... Read More »
1h ago from MotorsportWeek.com
Stroll's one-word verdict on Aston misery
Mar.15 Lance Stroll delivered a brutally concise... Read More »
2h ago from OneStopStrategy.com
McLaren disaster as Lando Norris and Oscar Piastri fail to...
Lando Norris and Oscar Piastri were both hit with... Read More »
1h ago from RacingNews365.com
