Union Properties reveals major expansion of its Dubai Autodrome to include new race tracks for rallycross, karts and 4x4s
Union Properties on Thursday announced a major $54 million expansion of its Dubai Autodrome to include new race tracks for rallycross, karts and 4x4s.
The expansion will be carried out in collaboration with China National Chemical Engineering Group Corporation (CNCEC), said the developer which also announced that its board of directors are to discuss converting to a holding company in a bid to protect assets and reduce risk.
Directors at the master developer of Dubai’s MotorCity district, will also discuss and approve converting certain subsidiaries - ServeU, The Fitout, and Dubai Autodrome - into private joint stock companies, a statement said.
The new Dubai Autodrome developments will include a welcome centre, driver experience centre, business centre, Grade A outdoor and indoor kart circuit, karting cars, rallycross circuit, 4x4 circuit and new retail and F&B offerings.
Khalifa Al Hammadi, vice chairman and CEO of Union Properties, said: “We are proud to be collaborating with CNCEC for this strategic expansion project that will see important re-developments to one of Dubai’s most iconic destinations.
“Our goal has always been to develop and promote UAE motor racing locally and to the world, and these enhancements will see the Dubai Autodrome taken to the next level.”
The Dubai Autodrome, a 5.39km FIA-certified track which opened in October 2004, is the UAE’s first fully integrated multipurpose motorsport and entertainment facility and one of MotorCity’s landmarks.
It has hosted world-class racing, including the FIA GT Championship, European Touring Car Championship, A1 GP, GP2 Asia, Lamborghini Super Trofeo ME, MRF Challenge, Porsche GT3 Cup Challenge ME, the Radical Middle East Cup and the Hankook 24H Dubai Endurance Race.
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