This is one of the reason why government plan to let these Motor
Siaos to race in Changi Motor Sport Hub race track.
Sleepy Changi could soon stage motorcycling's equivalent of
Formula One, have a race driving academy whose graduates include
top F1 drivers, or be transformed into a family-friendly shopping
and entertainment destination.
These tantalising features and more were dangled by the three
groups bidding to develop the Changi Motorsports Hub, a facility
crucial for Singapore to be an international motorsports
destination, in separate presentations to the media
yesterday.
The hub will be located on a 41ha site near Changi Airport and is
expected to cost between $200 million and $300 million. It will be
completed in late 2011.
The facility will be fully funded by the private sector, but the
successful bidder will pay the government market price for the
land. The Grade 2 facility, which will have a tenure of 30 years,
could host any race except F1.
To ensure the track remains commercially viable, the successful
bidder must stage at least three international races, such as the
A1 Grand Prix, Japan GP and motorcycling's MotoGP, every year.
Other site facilities will include a racing and driver training
school, and a pit building and grandstand.
The track's length is likely to be 2.8km to 3.5km, and its
unique seafront location makes it an iconic site for drivers and
spectators. It also allows a 1km straight, longer than the average
of 700m in other permanent circuits.
Get ready for more Speeding on local roads.