Just found this
http://us8.campaign-archive1.com/?u=...&id=1027bd574b

pretty ambitious schedule
Project Schedule

After acquisition the site was suitably re-zoned and master planning and track designs commenced.

Significant milestones are scheduled as follows:
Development & approvals - December 2014
Commence infrastructure works - February 2015
Commence circuit construction - February 2015
First race meetings - end of 2015
could it be that we will have 2 or 3 new circuits around the country up and running in 2-3 years??? just as I'm retiring ;-( lol