Korea F1 track to host first races next month

(GMM) Korea's new formula one circuit is scheduled to host its first motor races at the end of next month.

The scheduling is the latest rebuttal to constant rumors that the track in South Jeolla province will not be ready for its inaugural grand prix in late October.

The Asian Festival of Speed, with Asian GT and junior single seaters on the bill, was originally set to take place at the South Korean venue at the end of this month.

Event organizers said in a statement that the rescheduling was due to construction delays "caused by bad weather".

"This delay has caused many rumors about whether the event will ever take place," said Motorsport Asia's chief executive David Sonenscher.

"I have personally visited the site several times and I feel very sorry for them that despite all their hard work, they missed the deadline by only a couple of weeks.

"I can assure you that it was not through lack of effort or commitment," he added.

The grand prix organizers said the 5.62 kilometer circuit will open officially on September 5.