Organisers of the Korean grand prix have denied reports claiming the country’s maiden Formula One race will be postponed.
The circuit, located in Yeongam-Gun near the southern tip of South Korea, is scheduled to host its maiden race on 24 October.
A report in German magazine Focus claimed the track was behind schedule and in danger of being moved off the grand prix calendar until 2011. According to the magazine, circuit designer Herman Tilke expressed his doubts about the venue being completed in time.
However, Korea Auto Valley Operation CEO Yung Cho Chung said on Monday that work on the circuit is actually ahead of schedule and there were no concerns about it not being ready in time for the race weekend.
“We have absolutely no issues with completion,” Cho Chung told Autosport. “The construction progress for our circuit is well ahead of its schedule.”
And he said that F1 supremo Bernie Ecclestone “is quite happy with not only the progress of the track but the direction the Korean F1 race is headed”.
Construction work on the 3.49-mile track and its facilities is ongoing.