Formula One track will be ready for race day - developer
by This email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 19 April 2009
Aldar CEO John Bullough issued a strong denial on Sunday that the Formula One race track on Abu Dhabi’s Yas Island would be delayed.
Aldar is the master developer on the $40bn Yas Island Project and is building the Yas Marina circuit for the first ever Abu Dhabi Grand Prix that takes place on Nov. 1.
The island will also feature a Ferrari Theme Park, golf courses and a string of luxury hotels.
“By Nov 1 when you go to Yas Island, you will see seven hotels, a Formula One race circuit, with a Formula One race happening on it, a lynx golf course, a Ferrari Theme Park, and a marina,” Bullough said.
He added that the marina was being flooded on May 2.
Bullough was responding to mounting speculation in recent weeks that the circuit will not be ready for the race in November.
At the end of March, the Abu Dhabi Motorsports Management Company (ADMM), the group managing the Formula One race, issued a statement saying construction was ‘on track’ and there were ‘no concerns regarding delivery deadlines.’
Aldar, the largest developer by market value in Abu Dhabi, owns a 40 percent stake in ADMM.
READERS' COMMENTS
Posted by Anthony, malta, malta on Sunday 19 April 2009 at 20:57 UAE time
i belive that yas island will be ready on time because i have a ticket already ,and i belive that money can do anything
Click here to post a comment
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