Peter Lim - Sports Investments - Motorsports

Motorsports

In 2011, Lim bought a significant stake in McLaren Automotive, which the company sought to develop and produce the McLaren MP4-12C sportscar.

On 4 December 2012, Lim formalised his venture with Malaysian state-owned UEM Land to build an integrated motorsports hub in Johor's Iskandar region. The project, estimated to cost RM3.5 billion ($1.14 billion), is expected to be up and running by 2016. It will be operated and managed by Fastrack Autosports, majority-owned by him.

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