Ningbo International Circuit Ningbo International Circuit The Ningbo International Circuit is a motorsport race circuit near the Chinese town of Ningbo. Ningbo International Speedway (宁波国际赛车场) is one of a crop of new tracks opening across China under the stewardship of auto maker Geely (owner of Volvo). Located near to the fast-growing Ningbo city in Zhejiang province, the circuit is one of five being built Geely subsidiary Mitime Investments, in order to develop car culture and motorsport in the region. The new track has been designed by Alan Wilson, well known for his works in the United States at the Utah Motorsports Campus (acquired
Geely () (, ), a subsidiary of Geely, is listed on the Hong Kong Stock Exchange. On 13 February 2017, it became a constituent of the Hang Seng Index. Geely () means "auspicious" or "lucky" in Mandarin Chinese. Founding Geely in 1986 as a refrigerator maker with money borrowed from family, Li Shufu transformed the company into a success selling inexpensive products to Chinese consumers. After the purchase of a failing, state-run firm, Geely manufactured motorcycles in the mid-1990s. Small van production began in 1998, and a year later, it received state approval to manufacture automobiles. Car production began in 2002.