ID :
82294
Tue, 09/29/2009 - 16:16
Auther :

F1 CENTRE TO BE READY IN TWO YEARS

KUALA LUMPUR, Sept 29 (Bernama) -- The development of the Formula One (F1) technology research centre in Sepang, including a wind tunnel, will cost between RM50 million and RM60 million, 1Malaysia F1 Team Sdn Bhd's team principal Tony Fernandes said Tuesday.

Fernandes said the facility is expected to be ready in two years time with
construction starting next month.

"I think we are moving in the right direction with progress being very
fast," he told reporters on the sidelines of the ongoing Forbes Global CEO
Conference, here.

He said the facilities at the FI centre can be used by all local car
manufacturers for testing purposes.

Fernandes expects the centre to be profitable in the first year of its
operations. (US$1=RM3.49)
-- BERNAMA

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