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Sino-U.S. JV developing motorsport venue with a commercial twist

CHONGQING – A Sino-U.S. joint venture would rollout V1 Auto World by the end of 2018, a premiere end-to-end automobile destination spread over 650,000 square meters integrating world-class motorsports with innovative automotive commerce and leisure.

The project involves investment of ¥6 billion by the New York-based Waitex Group and Hong Kong listed Sino Ocean Group to build V1 Auto World that will feature a 4.2-km G2 race track as part of its circuit, a first in Northern China.

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