Singapore Sports Council abandons Motorsports Hub project

Yahoo! Singapore News, 12 Dec 2011
The Singapore Sports Council (SSC) announced on Monday it has terminated its agreement with private firm SG Changi to build the proposed Changi Motorsports Hub.
The consortium was awarded the tender to build the hub in March last year but faced difficulties raising the estimated $380 million needed. Construction for the hub, which was to be completed by the end of the year, was halted in January. Full story