Executive Transactions Names In The News Ourense Protests Exclusion From ACB 3rd League Sets New Attendance Record U.S. Taking Note Of Australian Growth ASOBAL President Looks To Change Image Indosat Signs With Three European Clubs Ecclestone Hands Lifeline To Lotus Barça To Decide On Qatar Sponsorship Prosecutors To Update FIFA Cases
SBD Global/December 5, 2012/FacilitiesPrint All
Singapore billionaire Peter Lim said he "plans to build a motorsports-themed development," including a F1-compliant racing test track, in Malaysia’s southern-most state bordering Singapore, according to Barry Porter of BLOOMBERG. Lim’s FASTrack Autosports Pte will take a 70% stake in the joint venture valued at more than R3.5B ($1.2B) in the Iskandar development region of Johor state, with Malaysian developer UEM Land Holdings "holding the rest." The project, known as Motorsports City, will cover 270 acres and include "showrooms, garages and entertainment outlets." In a statement, Lim said, "The region is fast becoming a hub for motor sports." Lim, who made his fortune through holdings in palm oil producers and a chain of ManU cafes in Asia, is also a shareholder of McLaren Automotive. The tracks would be a five-minute drive from Tuas Second Link, one of two border crossings between Malaysia and Singapore. Motorsports City will offer "race-track driving lessons, storage for car collections and act as a spare-parts hub" (BLOOMBERG, 12/4). AUTO SPORT's Sam Tremayne noted Lim said that a 4.5k test track, to be conceived by an as-yet unnamed designer, "will be part of a motorsports-themed development." Malaysia already has a permanent grand prix track in Sepang, which has hosted 14 F1 grand prixs since first being included on the calendar in '99 (AUTO SPORT, 12/4).
Qatar Olympic Committee Secretary-General Sheikh Saoud Bin Abdulrahman Al Thani said that the organization "plans to have all stadiums and sports facilities in the country to be environmentally friendly by '14," according to BERNAMA. Al Thani said that heir apparent Sheikh Tamim bin Hamad Al Thani made a decision a year and half ago during the hosting of the Conference of sport and the environment, to have "all sports facilities to be environmentally friendly and sustainable." He said, "We in the Olympic Committee, with the cooperation of the Gulf Organisation, have started on water recycling project in which all the water in all the sports facilities are recycled." Al Thani also revealed that a doping lab will be opened in Doha on Dec 10. He also said that QOC in collaboration with the Qatar Foundation for Education, Science and Community Development, and the Qatar General Electricity and Water Corporation, are working on the "optimisation of energy, through several power generation projects through solar cells" (BERNAMA, 12/4).