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Singaporean Peter Lim to build RM3b Johor race track


Jasonjst
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Singaporean Peter Lim to build RM3b Johor race track

Reports have emerged from across the Causeway that Singaporean billionaire Peter Lim is into a RM3 billion (S$1.2 billion) race track project in Johor

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Consider me cautiously optimistic. The long straight sounds abit off considering the total proposed length of the track, but i guess they want to let the big boys stretch their legs. I'd love to see a proper drag strip incorporated into the complex.

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Having a bonded area is also very clever - will make a big draw for those that are more serious.

 

And only 15 minutes from Second Link is very attractive, the driving school should do good business.

 

All around quite exciting - but doesn't make good news for our own local track. Mind you, on the other hand, if add up Pasir Gudang, Sepang, Local and the new track - four tracks would be enough for a single make series to have a pretty decent go of it as well, so it may well be a "strength in numbers" type thing, with critical mass building...

 

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Consider me cautiously optimistic. The long straight sounds abit off considering the total proposed length of the track, but i guess they want to let the big boys stretch their legs. I'd love to see a proper drag strip incorporated into the complex.

 

This project sure will work well given involvement from Sultan . What happen to the one at Changi , go belly up already ? :huh:

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Our local track is dead in the water and i don't have any hope anything coming out of it.

 

 

perhaps good riddance too. wif a billionaire investor + johor sultan behind the project + larger land + no ssc red tape, reckon this would be a much better project.

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This project sure will work well given involvement from Sultan . What happen to the one at Changi , go belly up already ? :huh:

 

Nobody has SGD$370million on hand to build the track at Changi. [:(]

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Supercharged

What happen to the one at Changi , go belly up already ? :huh:

 

Gahment dun wanna come up with any money,

bery tough...

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perhaps good riddance too. wif a billionaire investor + johor sultan behind the project + larger land + no ssc red tape, reckon this would be a much better project.

 

To me, the need to turn a profit is what has been the biggest killer for the local track - the financial part has been a nightmare in land expensive Singapore.

 

As mentioned, you also have to wonder about how much red-tape has come from the government making the local track weildy and cumbersome. I wonder also if it was too ambitious. Rather than starting slow and letting it grow, perhaps they tried to do too much all at once.

 

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Gahment dun wanna come up with any money,

bery tough...

 

I think they better give up that project , built Condo / Shopping Mall instead , which they are good at . For race track , this one in JB will kill them anyway .

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Nobody has SGD$370million on hand to build the track at Changi. [:(]

 

KNN , 370M cant even host YOG for 1 week , how to built race track to complete with JB Sultan ? They are clever not to proceed. [:p]

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KNN , 370M cant even host YOG for 1 week , how to built race track to complete with JB Sultan ? They are clever not to proceed. [:p]

 

But this one, Vivian not IC mah... he IC then need 37Billion. Due to daily inflation, weekly overall inflation, fortnightly temporal adjustments, monthly budgeting exercises etc.

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Can consider set up Ramlee burger stall at the PIT garage.

 

What..? Rich people also eat Ramlee burger mah.

 

 

yeah, bring on the ramlee burger super special - made up of minced roadkill from the track. [laugh][laugh]

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