Tag Archive: KAVO

Sep 16

Korea GP to be ‘more satisfactory’ in 2011

Korea is expecting a smooth running of its formula one race weekend next month.

Korea International CircuitKorean Grand PrixLast year, when the new Yeongham circuit hosted the inaugural Korean grand prix, many visitors were disappointed with construction delays, poor management and the fact they had to stay in so-called ‘love motels’.

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Mar 03

AFOS Korea cancelled

Motorsport Asia has already made alternative arrangements for the three affected Championships.

afosMotorsport Asia announced today that they recently received notification from CKMP, the Asian Festival Of Speed (AFOS) Promoter in Korea, that they are unable to proceed with the AFOS event scheduled for 8th May 2011, due to problems with the circuit owner KAVO. Read the rest of this entry »

Jan 17

Ousted Korea GP chief to sue

Korean grand prix chief Yung Cho Chung is preparing to challenge the decision to oust him.

2010-10-24 - Force India F1 Team - Vitantonio Liuzzi 03Korea International CircuitBarely a month after collecting the FIA prize for the best promoter of 2010, Chung was accused of lax management during a board meeting of organisers Korea Auto Valley Operation (KAVO) last week and dismissed. Read the rest of this entry »

Jan 14

Korea GP ousts race chief

Promoter KAVO, a joint public and private venture, was not available for comment.

Korea International Circuit2010-10-24 - Force India F1 Team - Vitantonio Liuzzi 03Barely a month after he collected the FIA prize for the best promoter of 2010, the Korean grand prix’s Yung Cho Chung has been ousted. Read the rest of this entry »

Nov 04

Korea F1 circuit denies budget corruption

The Korea Herald said the South Jeolla provincial government is set to investigate

Korea International CircuitSouth Korean Grand-Prix logoEven after hosting its inaugural grand prix less than two weeks ago, a cloud is above the future of Korea’s formula one race. Read the rest of this entry »

Nov 04

F3 race at Korean F1 circuit called off

“(Local promoter) KAVO have had to cancel the (event) due to Force Majeure.”

F3 Euroseries 2010-08-08 01Korea International CircuitThe inaugural running of last month’s Korean grand prix has been brought into question with a piece of emerging news on Thursday. Read the rest of this entry »

Oct 25

Yeongam GP wants Korean team and driver in F1

Korea GP vows to solve problems for 2011

South Korean Grand-Prix logo2010-10-24 - BMW Sauber F1 Team 03Organisers of the Korean grand prix have indicated they will support efforts to see a local team and driver on the formula one grid. Read the rest of this entry »

Oct 13

Official admits Korea venue not fully completed

“The only concern is the new asphalt”

South Korean Grand-Prix logoKorean Grand Prix aerialA spokesman has confirmed reports that aspects of Korea’s new formula one track are not completed. The FIA’s Charlie Whiting this week approved the Yeongam venue ahead of the inaugural race in less than a fortnight. Read the rest of this entry »

Oct 12

FIA approves Korea circuit for inaugural race

Whiting confirms Korean track approved for race

2008-06-05_0049South Korean Grand-Prix logoCharlie Whiting on Tuesday gave Korea’s new formula one circuit the thumbs-up. The leading FIA official had been at the Yeongam site since Monday for the track’s final readiness inspection, amid speculation it was not ready for its inaugural event next weekend. Read the rest of this entry »

Oct 06

Korea to complete track day before FIA inspection

The last crucial element is the top layer of surface asphalt

Korean Grand PrixKorea’s new formula one circuit is almost complete, an official of the Yeongam venue has revealed. Speculation has dogged the inaugural event due to construction delays and an unusually late FIA inspection scheduled for the day after Sunday’s Japanese grand prix — just 11 days prior to opening practice in Korea. Read the rest of this entry »

Sep 30

No further delay after Korea GP construction accident

Media reports indicated that the damage was relatively minor.

Korean Grand PrixAn accident at the site of next month’s inaugural Korean grand prix is not expected to further delay completion of the Yeongam venue. Late on Wednesday, it emerged that a crane had tipped over on the main straight, with the overloaded arm crashing into a grandstand. Read the rest of this entry »

Sep 27

Korea insists F1 track will be ready for inspection, race (updated)

“We will have no problem in hosting the race on October 24″
F1 teams concerned about Korea GP fate

Korean Grand PrixRace organisers hit back on Monday amid widespread reports the inaugural Korean grand prix was in real danger of being called off. F1 teams, media and personnel are concerned that – despite FIA rules requiring a final track inspection 90 days before a new event – the uncertainty about Korea is still growing just three weeks before they are due to fly to the east Asian nation. Read the rest of this entry »

Sep 15

Korea boss says track ‘must’ be ready for F1

That is just over three weeks before the inaugural race on October 24.

South Korean Grand-Prix logoKorea’s F1 track manager admits time is running out for the Yeongam venue to be ready for its inaugural race next month. In an interview with the Associated Press, Jason Cho was asked if – mere days ahead of the crucial inspection by the governing FIA – he is feeling stressed. Read the rest of this entry »

Sep 03

Korea’s final FIA inspection nearly six weeks overdue

Event organisers KAVO insist the venue is “90 per cent” complete.

Korean Grand PrixAccording to the International Sporting Code, F1’s governing body should already have approved or rejected the new South Korea circuit ahead of its inaugural grand prix. Read the rest of this entry »

Aug 03

Doubts persist about October’s Korea GP

Motorland Aragon venue in Spain could replace Korea

South Korean Grand-Prix logoRumours that Korea will have to call off its formula one debut in October are refusing to go away. The FIA’s Charlie Whiting visited the site in the South Cholla province recently, amid organiser KAVO’s insistence the facility is nearing completion. Read the rest of this entry »

Jul 07

Construction of Korea F1 track ‘delayed’ – official

Construction of Korea’s formula one circuit is running late.

South Korean Grand-Prix logo Based on a statement provided by race promoters KAVO on Tuesday, it was reported by multiple outlets that construction of the track in Joellanam-do province is “on schedule”. Read the rest of this entry »

Jun 16

Political tension no threat to Korea GP – organisers

“If there is (war), we won’t be there obviously” -Ecclestone

Organisers of the inaugural Korean grand prix, scheduled to be held in October, have played down renewed fears the event might be called off. F1 chief executive Bernie Ecclestone recently checked on construction progress of the Yeongam circuit and dismissed rumours it will not be finished on time. Read the rest of this entry »

Apr 15

Tilke denies doubting Korea construction – Ecclestone

Ecclestone told reporters that he is “absolutely sure” the circuit will be ready on time

South Korean Grand-Prix logo Bernie Ecclestone on Thursday said there is “no doubt” Korea will be ready to host its inaugural grand prix in late October. Read the rest of this entry »

Apr 12

Korean promoter denies F1 track delay reports

Organisers of October’s inaugural Korean grand prix have denied reports the race could be called off.

Korean Grand PrixThe German news magazine Focus has claimed that the circuit under construction in Yeongam may not be completed in time. Read the rest of this entry »

Sep 18

Korea takes another step towards F1 race

 South Korea did not appear on the leaked provisional 2010 F1 calendar

South Korea has taken another step towards hosting a round of the formula one world championship. Earlier in September, the organisers Korea Auto Valley Operation (KAVO) said they had lined up nearly half of the necessary funding for building and operating the circuit, which is already under construction south of Seoul. Read the rest of this entry »

Sep 01

South Korea secures F1 project funding

South Korea did not however appear on the leaked provisional 2010 F1 calendar

After a long period of silence, organisers of a South Korean grand prix said on Tuesday they have lined up nearly half of the necessary funding. Read the rest of this entry »