F1 centre to be ready in two years
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 today.
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 today.
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 in Kuala Lumpur.
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.
- Bernama
Are you sure you want to delete this comment?
This action cannot be undone.