Fastrackcity is a 300-acre motorsports-centric development in the heart of Iskandar Malaysia. It is dubbed as “the motorsports city”. Imagine Lamborghinis, Bugattis, and Ferraris zipping through the racetracks. It may soon become a reality in 2019. The design for Fastrackcity was unveiled in an official ceremony by the Crown Prince of Johor – Tunku Ismail Sultan Ibrahim.
Fastrackcity is a hub for motorsports fans and automotive businesses. It hosts an entire ecosystem of racing circuits, leisure facilities, and commercial precincts. From Singapore, you can easily reach the motorsports city via the Second Link bridge. The plan is to attract motorsports fans from Malaysia, Singapore and across Asia.
There is a main circuit for cars and bikes. A secondary circuit caters to go karts. Both circuits meet the highest standard of safety from the respective world governing bodies: FIA Grade 1 (cars), FIM Grade A (bikes) and CIK Grade A (go karts). World-class circuit grading allows Fastrackcity to host international races.
Beyond circuit racing, you can test your skills at the Advanced Handling Park. Learn how to control a skidding vehicle at the circular skid pan. Or experience the thrill of obstacle driving at the 4×4 park. Whether you are a novice or advanced driver, there is something for everyone.
Do you love collecting cars? Car collectors have the perfect place to store their prized vehicles – the Auto Vault, a high-security parking facility. They also get to enjoy duty-free exemptions. The entire circuit and facilities is a duty-free area. This would appeal to residents in Malaysia and Singapore – two of the world’s most expensive places to own a luxury car. Tax and duty exemptions will reduce the cost of cars by half.
If you prefer a family outing, you can take your family for a stroll around the Lake Park. There are beautiful greeneries and a jogging track. Hungry for a bite? Visit the various restaurants and food court. You may also spend the night in the motorsports-themed hotel.
Automotive businesses can utilise the industrial spaces and R&D facilities. While manufacturers can exhibit their latest car models in the auto gallery. Complementing the entire hub will be a chain of specialty auto workshops. The goal is to create a self-sustaining automotive ecosystem.
“This would be the Nürburgring of Asia”, remarked Hermann Tilke.
Tilke has successfully commissioned more than 65 tracks worldwide including the circuit at Sepang, Circuit of the Americas and Yas Marina. The master designer was appointed to undertake Fastrackcity’s design in 2013.
Nürburgring in Germany is one of Tilke’s favorite circuit. It is a unique circuit with extreme slopes. Similarly, Fastrackcity’s natural terrain has a height differences of up to 60m – to provide for a thrilling race experience.
Fastrackcity is a 70:30 joint venture between Singaporean billionaire Peter Lim and UEM Sunrise. Lim was once asked, why invest in Fastrackcity instead Singapore? His reply was – Malaysia offers a lower cost base and a larger labour market.
Previously, Lim turned down an offer to invest in the Changi Motorsports Hub. The plan for a motorsports hub in Changi was eventually scrapped. Peter Lim is betting his money on Iskandar Malaysia.
High-value jobs will be created, such as technicians, engineers, and managers. Demand for housing will increase. The direct beneficiary will be Iskandar Puteri (formerly Nusajaya), where Fastrackcity is located. Iskandar Puteri is one of the five flagship zones in Iskandar Malaysia.
We can also expect to see more tourists. Fastrackcity will complement existing theme parks such as Sanrio Hello Kitty Town and Legoland Malaysia Resort. Tourists now have more reasons to stay the night in Iskandar Puteri. Demand for hotel rooms will increase.
Should an international race such as the F1 Grand Prix be hosted – Iskandar Malaysia will be in the international spotlight. It is too soon to tell whether there are plans to host any events. Nevertheless, it is an exciting possibility.
More Singaporeans will cross into Malaysia. Supercar owners in Singapore, caged by endless rules and taxes, will find an air of refreshment in Fastrackcity. Where else can they race to their hearts’ content?
A strategic location, an impressive master plan, and a world famous circuit designer. Fastrackcity has all the ingredients to attract a supercar population. It might not be long before you see supercars blazing through the tracks here.