Korea's inaugural Formula One "is on, end of story"

So says Ecclestone himself, according to AFP:

Doubts had been raised whether the new circuit, in Yeongam province 400 kilometres (250 miles) from Seoul, would be completed ahead of the race on October 24.

The circuit is yet to pass an official inspection from the FIA, the sport's governing body, but Ecclestone said the event will take place.

"They had problems, but have done wonders in the last few weeks," Ecclestone told Britain's Daily Express newspaper.

"I will be there, the world will be watching, and we will have a great race. I've seen photographs, and the top layer of the track has been laid. They will pass the inspection."

This reassurance has been necessary, given the questions raised about whether Yeongam (Yŏng-am) will be ready for prime time.

UPDATE:
The Korea Herald is reporting that the track did indeed pass inspection (more here).

Formula One chief Bernie Ecclestone.
"If you can dodge a wrench, you can drive an F1 car."
(Hey, FIA, make sure that's not Donald Kirk in a wig.)