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DATE News (chronologically)
06/15/10
f1
Korean F1 track to be completed next month  KAVO, organizers behind this season's inaugural Korean Grand Prix, have said that their venue will be finished by next month. The race at the Yeongam track will stage the 17th round of this year's 19-race World Championship in late October.

Hosting the only new race on the calendar this season, South Korea will become a fixture on the F1 schedule and becomes the fifth anti-clockwise race. KAVO (Korea Auto Valley Operation) has now confirmed that construction work is '80 percent complete' ahead of a July deadline for track surfacing.

Formula 1 commercial rights holder Bernie Ecclestone visited the Yeongam site in April

"We are extremely pleased with the progress of the circuit, facilities and preparations for the Korean Grand Prix," said Yung Cho Chung, Chief Executive of KAVO.

"Construction is on schedule for completion this summer and we have encountered no obstacles whatsoever, either logistical or political.

"The government, at both the central and provincial level, is fully supportive of the project and the entire country looks forward to welcoming Formula 1 to South Korea this autumn." GPUpdate.net

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