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 »
12y 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...
12y ago from GPUpdate.net
Billionaire to build new Malaysian F1 circuit
A Singapore billionaire has revealed plans to construct a new circuit in...
12y ago from TheF1Times.com
Billionaire plans new Malaysian circuit
Singapore billionaire Peter Lim is planning to build a new Formula...
12y ago from AutoSport.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
6h ago from TheGuardian.com
Alex Marquez raised middle finger at Turn 10 after...
No description available...
4h ago from Motorsport.com
Marc Marquez: Alex’s strengths are my weaknesses in...
No description available...
5h ago from Motorsport.com
MotoGP Catalan GP: Alex Marquez fends off Marc to take...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
4d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
4d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
4d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
6d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool, Arsenal or Manchester City? Kylian Mbappe...
Real Madrid superstar has picked his favorite to win the Premier League...
4h ago from SportsKeeda.com
Sunday round-up: Smith, Rice, Saliba
Morning. A quick Sunday blog for you, starting with Arsenal Women who...
12h ago from Arseblog.com
Report: Man United, Arsenal and Chelsea could battle...
Inter Milan defender Denzel Dumfries has been linked with a move away from...
5h ago from CaughtOffside.com
Kylian Mbappe points out ‘crucial factor' that...
Arsenal had an eventful transfer window this summer, and they have brought...
8h ago from CaughtOffside.com
Comments
Hottest News
Christian Horner makes surprise Italian Grand Prix statement
Axed Red Bull F1 team principal Christian Horner... Read More »
3h ago from GPFans.com
Piastri and Norris slammed for 'utter woke nonsense' after...
McLaren's decision to order Oscar Piastri to swap... Read More »
4h ago from GPFans.com
'That didn't age well' Lewis Hamilton trolled by F1 fans...
Lewis Hamilton has been trolled by F1 fans on... Read More »
2h ago from GPFans.com
