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Friday, January 7, 2011

Corruption bureau looking into $380m Changi Motorsports Hub deal

The Corrupt Practices Investigation Bureau (CPIB) is looking into the tender awarded by Singapore Sports Council (SSC) to build the upcoming $380 million Changi Motorsports Hub, BT understands.

A source told BT that the probe relates to the award of the tender for the Changi Motorsports Hub to the SG Changi consortium and whether there was any information leakage during the tender process, which would have given one party an advantage over the other parties.

There is also talk that one or more SSC staff involved with the tender for the project had been looking at joining SG Changi some months ago, which ultimately did not materialise.

Construction of the facility took a while to kick off, with piling commencing late last year, despite the group breaking ground in July on the 41-hectare sea-facing site near Changi Airport.

According to a media report in December, SG Changi reportedly said that it still hopes to have the motorsports hub completed by the original target of end-2011, with the first race to take place as early as March 2012.

Located along Aviation Park Road, the Changi Motorsports Hub will include a Federation Internationale de l'Automobile (FIA) Grade-2 certified 3.7 km racetrack, a 1.2 km karting track, a drift track, a bonded warehouse and seating capacity for some 20,000 spectators plus a 10,000-seat temporary grandstand.

http://resources.motogp.com/files/images/xy/2009/MotoGP/n497782_MG3_7671.preview_big.jpg

It aims to host a calendar of both local and international racing events, including the Formula One of motorcycling, MotoGP.

The round-the-clock facility will also feature an entertainment complex, a motor museum, food and beverage and retail outlets as well as a hotel.

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