Shanghai International Circuit

Shanghai International Circuit

Shanghai International Circuit

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Description:
The Shanghai International Circuit () is a motor racing circuit, situated in the Jiading District of Shanghai, People's Republic of China. The circuit is best known as the venue for the annual Formula One Chinese Grand Prix, which was first hosted in 2004.

History

Costing approximately $450 million (USD), the circuit was financed by a government-funded joint-venture company, consisting of the Shanghai Juss Corporation, Shanghai National Property Management Co Ltd, and Shanghai Jia'an Investment and Development Co Ltd. Architectural and design experts began planning and visiting the site between April and May 2003, and the area was transformed from swampland to international racetrack within 18 months with a team of 3000 engineers working around the clock.

Other events held at the circuit include a round of the MotoGP world championship, the Australian-based V8 Supercar championship in 2005, attracting crowds of over 250,000 spectators, and also the final round of the A1 Grand Prix in 2006/2007.

The 2008 MotoGP race was the last one on this circuit, as the FIM didn't select the racetrack for the provisional calendar of 2009. This is due to overcrowding problems in the circuit. MotoGP.com, retrieved on July 25, 2008

In September 2007, former manager of the circuit Yu Zhifei Forumula1.net, retrieved on October 10, 2007 was convicted of embezzlement as part of a corruption scandal in Shanghai which resulted in the dismissal of...
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