Construction of the Korea International Circuit, set to host F1 event on Korean soil in October, is on schedule for completion this summer.
The final phase of the development, surfacing of the track, is set for July, and currently 80 per cent of the total construction is complete.
The future of the event has already been called into doubt by political tension in the area, but event promoter Korea Auto Valley Operation insists it has encountered no problems at any level in pushing ahead with its plans.
“We are extremely pleased with the progress of the circuit, facilities, and preparations for the Korean Grand Prix,” KAVO chief executive officer Yung Cho Chung said. “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 Korea International Circuit is designed as a dual structure with a 5.615km Formula 1 track that will include elements of a street circuit and a shorter, permanent circuit of 3.045km.