More good news for those who love fast cars and bikes.

Apart from getting a taste of the Formula One race here, motor sports enthusiasts can also look forward to at least three international races based in Singapore by early 2011.

Announcing the Government's plans to develop the motor sports industry here, Community Development Youth and Sports Minister Vivian Balakrishnan said his ministry will work with the private sector to construct a permanent race track located in Changi.

Requests for proposals to build the 20-hactare plot will be called in May next year.

When ready, the track may be between 2.8 kilometres to 3.5 kilometres or more and accomodate at least 15,000 people.

Dr Balakrishnan said the Government has identified motor sports as a growth industry for Singapore.

It's the third most popular spectator sport behind the Olympics and the World Cup garnering worldwide coverage with global networks.

'Singapore has the infrastructure, technical expertsie, manufacturing and R & D capabilities to facilitate the growth of the motor sports industry,' he said.

A cross government agency working group, headed by the Singapore Sports Council will be formed to develop a comprehensive motor sports development plan.

Singapore has a large following of motor sport enthusiasts with over 100 car clubs, each with memberships ranging from 50 to as many as 2,000 members.

The Singapore Motor Sports Association and its affiliated motoring clubs have more than 4,000 registered members who participate regularly in motor sports activities.