Singapore has officially begun the construction of the Formula 1 Grand Prix facilities with a ceremony at the new pit building. The building, adjacent to Singapore s waterfront, will hold 36 garages for 12 racing teams. Singapore will be holding its first street race on September 18 2008.
Today’s groundbreaking event marks an important milestone in our preparations to host the F1 race in September next year,” Lim Neo Chian, chief executive of Singapore’s tourism board remarked.
“The pit building that will rise from this piece of land that we now stand on will be one significant milestone that all will watch closely,” explained Lim Hng Kiang, Minister for trade and industry.
“In terms of physical work, this is the first step,” Nick Syn, technical manager for the race promoter, Singapore GP Pte Ltd, added.
The glass-fronted building is to cost in the region of 33 million Singapore dollars (21.7 million US dollars) and is due to be completed towards the end of May 2008.