Emilia Romagna GP || May 19 || 15h00 (Local time)
6 May 2024
Construction of Korea F1 track city to begin in 2011
$1.67 billion plans to transform the area into a motor sport and tourism city
Korea’s plans for a futuristic city to be built in the middle of the new formula one circuit in Yeongam are on track.
Current aerial photos of the harbour-side venue depict a bland and messy setting, with much of the surrounding area resembling a construction site.
But the plans for the final section of the 5.6 kilometre is layout are grandiose. The idea is that the Hermann Tilke-penned venue will eventually be part-permanent and partly a city street course.
According to the local Korea Herald newspaper, the government announced on Monday that it has approved plans for the leisure-themed corporate city.
The $1.67 billion plans, to transform the area into a motor sport and tourism city by 2021, were lodged by the provincial authorities and race promoter Korea Auto Valley Operation.
The Ministry of Culture, Sports and Tourism said construction is likely to start in the second half of 2011.
