parties interested in Changi race track project
BY CHRISTOPHER TAN
- Senior Correspondent
Peter Kwee's Group Exklusiv, marina owner Arthur Tay, diversified Haw Par
Corp and car-and-leisure group Singapore Agro Agricultural are among parties
said to be interested in the proposed race track project in Changi.
week, the Government announced that a 20-hectare plot next to the Singapore
Airshow site has been earmarked for a permanent race circuit.
is expected to ask for proposals from the private sector within the next
six month; and the track could be up and running by 2010.
track will host go-kart races to touring cars, which are essentially souped-up
saloons, as well as open wheeled cars like those in the A1 Grand Prix.
is intended to be an "accessory circuit", to complement the F1
race on a street circuit in the heart of the city next September.
definitely interested," said Tay, 50, of marina One Degree 15. "It
is part of our lifestyle business."
managing director of leisure-oriented SUTL Group was competing with hotelier
Ong Beng Seng for the Formula One franchise just a few months ago.
not saying anything more until we have more details," Tay said.
Exklusiv has a bit more on the table. Executive director Kevin Kwee, 37,
said he has already made preliminary track drawings for his proposal.
have some interesting concepts which we're trying to fine-tune," he
said. "We definitely want to take a crack at it."
Tay, Kwee said operating a racing circuit is right up the alley of Exklusiv's
Exklusiv runs The Pines town club and the Laguna National Golf and Country
Club, as well as the Joondalup resort in Perth. It also sells Skodas and
however, is puzzled how a proper track can be built on 20 hectares.
a 3.7-3.8km track, the minimum is 60 hectares," he said.
Laguna club grounds, which were once proposed for a Formula One track, are
126 hectares. A Tuas site proposed for a circuit last year around 50 hectares.
Singapore Sports Council was unreachable for comment.
Motor Sports Association president Tan Teng Lip, 57, ventured that "there
may be room for expansion" once the proposals are filed.
This is just the first cut," he said. "It is something we've been
looking forward to for many years. It's better than nothing."
recently bid successfully for a life-size sculpture of an F1 car called Desire.
bid was &90,000. Plus commissioning fees, he forked out &120,000 for
the sculpture created by German-born Indonesian artist Pintor. Sirait.
looking for a place to put it," he said with a wink.