Last August saw the inaugural Kuala Lumpur City Grand Prix take place, and following the event, race organiser GT Global Race had said it was set to commence early preparations for this year’s race.
Developments since then have seen GT Global apparently lose the rights to hold the event, with a new race organiser having being appointed. Now, a report indicates that there’s a court action in the mix, which might prevent the new company from holding this year’s street race.
According to Free Malaysia Today, one of the GT Global shareholders has filed an application for a court injunction to stop City Motorsports – which is planning to hold the KL City 400 Supercar Extravaganza on August 12-14 – from holding any street race in the city.
In January, Kuala Lumpur City Hall (DBKL) – which holds the “keys” to the running of such an event – was said to have terminated an agreement it had with GT Global, which gave the company the right to hold the race for five years. Back in August, it had promised to carry out a post-mortem following the 2015 race to determine if the race could be continued.
Earlier this month, racing website speedcafe.com reported that City Motorsports had been appointed as the new promoter of the event. The new organiser was said to have signed a fresh five-year contract with V8 Supercars to run the series in the KL city race.
A source told the publication that a dispute between GT Global shareholders had resulted in the court action, with suits filed for alleged conspiracy, fraud, breach of fiduciary duties, breach of contract, procurement of a breach and/or unlawful interference. These suits, the FMT report added, are directed against individuals tied to either last year’s race or this year’s race or both.
The report also adds that legal action has also been initiated against DBKL, the Federal Territories Minister and the Kuala Lumpur Mayor for breach of contract, procurement of a breach and/or unlawful interference.
According to the source, several police reports have been made, including one over the alleged misappropriation of RM3.5 million of a RM30 million grant – said to have been approved by the government – for last year’s KL City GP.
In early March, FMT had reported that DBKL had stated it would not give its approval for any street car race in the city if organisers of such an event couldn’t come up with the funds for it. The statement was made amid reports that the KL City 400 Supercar Extravaganza had already been scheduled.
The 2015 race certainly had its share of controversy – safety concerns were initially aplenty, and during the event, there were claims by businesses situated within the vicinity of the 3.2 km track that they had been badly affected, incurring as much as three to four days’ worth of losses over the period due to a lack of traffic.
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Good, stupid idea anyway.. Right in the city center… Its too clever… Go n do it in putrajaya
yes please do it in putrajaya instead
What is RM3.5 mil hilang? RM2.6 bil hilang also nothing is done!
When SG did night race middle of city, good job kudos to SG…when Malaysia did the same, city race, “stupid”, “dumb idea”, etc…Malaysians these days, otak Zaman batu
singapore dont have a choice. they have neither SIC nor putrajaya.
Like the last time they did this, it was a utter blunder. It caused massive traffic jams for weeks. And after the event, there were massive jams for so long too as they took their own sweet time to remove the caging and barriers.
Come on la, use your brains a bit. KL is not a race city. It is a city where people work and make money and enjoy like eating, walking in the parks etc. One day you want to make it into a race circuit, another day Ku nan the Great says want to make it into Rmepit race track….what nonsense is this?
Productivity in the millions is lost when people go to work late. Is the sponsor going to reimburse the millions lost due to workers going to work late? The sponsor and organiser just want to make a quick untung and cabut, they don’t care about the millions lost in terms of productivity.
The last nonsense race they had, many of us in KL went home 2 hours later than normal days pre and post race.
The authorities also equally guilty. If the race goes on, it will be obvious that they took ang pau money to approve such an event which not not brings so much losses to the city but safety concerns as well.
Come on Fed Territories Minister, do your job to ensure city is safe. Go and race in Sepang Track. That is why we built the billion dollar track. Be responsible. Already rakyat is shocked that you want to make KL into Rempit playground, now, this nonsense.
Do you see London being a race track? Answer is NO. You know why? It is because the Mayor and the Ministers in the UK got brains.
Kelab Proton Wira will be the first to sign up and go rempit in Putrajaya.
So lol, can arbitrary reserve the road for rempit to race, but need so many procedures and delays just to approve.
Scare about jam? Just declare holiday as well as make it over the weekend and Sunday.
I hope no one is cement drummed for the dispute . What a stupid idea because the government has to give a 30 million grant with surrounding bussiness badly affected . Hidup DBKL – Dewan Bodoh Kuala Lumpur
Our DBKL is so stupid. Please lah, have it in Sepang or Putrajaya.
Citizen pay tax,then gov gave freely 30mil of grant for nothing! Tell me now what the benefit of this stupid event? Road closure & businesses affected.The only benefit party definitely just the organiser! Crony of course,and definately not all 30mil had spent for the event to be a success one coz controversials arises since then.Just spent little of it,the rest goes where? So what were they fight against each other for? Money,of course! Don’t tell me it’s for tourism promo.1MdB & donation scandals has done it perfectly for the country.
Working in mysterious ways for the public, Hooray!
Typical dumb nuts dbkl for approving such race. Did they forget how much inconvenience they caused to thousands motorists going into the golden triangle and businesses have to be shut due ?
Golden triangle is not the place for you to do such race. Want to race….go do sepang or your stupid white elephant putra jaya. Leave the city center alone.
What is the point of having the Sepang International Circuit? Kuala Lumpur is not Monaco. Did the organizers give compensation to those surrounding businesses.
another fella want a slice of the cake ^^
Good! get rid of this stupid event that benefits only a few but disrupt the lives of so many!
And the stupid Govt give grants for this! Yet retract scholarship funds for students. Morons!
good lor cancelled race in KL.
Bring the race to Putrajaya….Race around the PM’s office all day long, for all i care…
Isn’t Formula E already held in Putrajaya? Why not use the same layout within weeks of Formula E? Or if they really want it to be in KL isn’t there a less busy area they can use instead of smack in the middle of the city?
And people who use Singapore and Monaco as examples, keep in mind those are small nations…..
30 million grant! Nice! Government will always have money for cronies!
do it in putrajaya… pits right in front o jibby’s office. .. seriously bad idea to do it in KL. and worse still ugly crash barriers have been permanently placed along the “circuit”.
Good!!!
An ultimate stupid idea in the 1st place.
It doesn’t benefit the public at all here in KL.
Kun Nan ‘Jabba The Hut’ should organise this stupid race in Putrajaya where there is some much more space & less traffic compare to KL.