Construction of the Korea International Circuit is on schedule for completion this summer, organizers said on Tuesday.
The circuit, which is scheduled to host the first Korean Grand Prix on Oct. 24, will enter the final phase of the development, the surfacing of the track, in July. Currently, 80 percent of the total construction is complete, according to the organizers of the event, KAVO (Korea Auto Valley Operation).
"We are extremely pleased with the progress of the circuit, facilities, and preparations for the Formula 1 Korean Grand Prix," KAVO Chief Executive Officer Yung Cho Chung. "Construction is on schedule for completion this summer, and we have encountered no obstacles whatsoever, either logistical or political.
"The government, at both the central and provincial level, is fully supportive of the project, and the entire country looks forward to welcoming Formula 1 to South Korea this autumn."
The circuit has been designed by Hermann Tilke as a dual structure – the 3.489-mile Formula 1 track and a shorter layout of 1.89 miles