The organisers of the 2010 Korean Grand Prix have denied earlier suggestions that delays to the construction of the Yeongam circuit were in danger of forcing the race to be cancelled by F1 oligarch Bernie Ecclestone.
The reports from the German magazine Focus from the weekend suggested that the track construction had fallen behind schedule, and that Ecclestone had visited the venue after the Malaysian GP to check on the progress.
The report suggested that Ecclestone was set to make a decision on whether to postpone or cancel the race in the next few days.
Circuit designer Hermann Tilke was quoted by the magazine as saying: "For the first time I fear that a [Tilke] circuit is not going to be ready in time."
But Yung Cho Chung, the CEO of the Korea Auto Valley Operation which is organising the brand new race, has denied that there are any issues with the construction schedule of the new Tilkedrome.
"The construction progress for our circuit is well ahead of its schedule and we have absolutely no issues with completion," Cho Chung told Autosport on Monday.
"I understand that Mr. Ecclestone is quite happy with not only the progress of the track but the direction the Korean F1 race is headed and he has raised no questions and concerns."
The Korean GP is set to be the 17th round of the 2010 season, taking place on October 24th.
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