Preview 2011 Yeongam Circuit, Korean GP

Yeongam is a county in South Jeolla Province, South Korea. Bordered with Mokpo and Naju to the north, Jangheung County to the east, and Haenam and Gangjin to the south, Yeongam County comprises two eups and nine myeons, populated with about 60,000 people, and its county hall is seated in Yeongam-eup. The Korea International Circuit is located in Yeongam, South Jeolla, South Korea and it is the venue for the F1 Korean Grand Prix after a $264 million deal between Bernie Ecclestone and the Korean F1 promoter Korea Auto Valley Operation (KAVO – a joint venture between M-Bridge Holdings and Jeollanam-do regional government).

Technical detailes
Yeongam Circuit has 5.6 km, 55 laps with a race distance of 309 km; 3 highspeed straches, 5 slow turns, 2 ideal spots for overtaking and a top speed around 312 km/h. Best preview Redbull (Webber comment):

Wikipedia History
German designer Hermann Tilke was given the responsibility of the design of the track. It will be part permanent, part temporary. The temporary part will race along the harbour side of the province where spectators from the promenade, hotels and yachts can view the race. Part of the city with possible exhibition facilities, shops, restaurants and cafes will be utilized to be the pit lane during the F1 Grand Prix weekend.
The first F1 race was held at the track in 2010. The deal is for seven years, with a five-year option after that which would take the race until 2021. It was announced on September 2, 2009, that the funding was in place to start construction at the site, and officials were confident the work would be completed in time to hold a Grand Prix in 2010. On December 10 - 2009, the organisers of the event announced that they were on schedule, with a plan to finish the circuit on July 5, 2010, though they admitted that their largest problem lay in finding accommodation for all F1 staff and spectators. The organisers also ruled out the possibility of staging the race at night until they have more knowledge of and experience in running a Grand Prix.
The Korean GP was run on October 24 for the 2010 Formula One season. The event was the 17th out of 19 events during the 2010 Formula One season after the Japanese Grand Prix at the Suzuka Circuit. The capacity of the venue is 135,000 spectators.
In the midst of speculation that the race would be aborted because the circuit would not be completed in time, organisers for the race announced the circuit's opening date to be September 5 - 2010.

On September 4 - 2010, in an event called ‘Circuit Run 2010’, a Red Bull Racing Formula 1 show car using a V10 version of the current Renault engine, with Karun Chandhok at the wheel, completed 14 laps of the all new Korean Formula One Grand Prix circuit. Four thousand spectators travelled to the new track for the event.

The final track inspection was delayed multiple times. Originally, the FIA technical delegates were due to inspect the circuit on 28 September 2010 in order to grant permission for F1 races to be held there, however the date was later moved to the 11th October, only 11 days before the first cars were scheduled to start first practice. Following a two-day track inspection, FIA race director Charlie Whiting described the Yeongam circuit as ‘satisfactory’ and announced the mandatory license would be issued through the Korea Automobile Racing Association (KARA).
According to the Chonnam Yeongam Korean Formula One Grand Prix circuit, around 77 million dollars (88 billion won) was needed for the construction cost of the circuit, the amount requested by the scholarship that was used in the 52.8 billion won. However, it was difficult to secure the remaining 35.2 billion won this year, and was reported to be virtually no prospect of government aid to the Formula 1 project by the Korean government.

Statistics
Fastest Laps in Korea: 1:50.257 - Fernando Alonso(2010)
Record lap 1:35.585 - Sebastian Vettel (2010)

Lets see last year pole made by Vettel:

1:35.585