Bernie Ecclestone on Sunday insisted next month's Korean grand prix will go ahead.
It has emerged that despite September 21 being the originally belated date for the Yeongam circuit's final inspection, the FIA is not now expected to sign off the track until next week or even later.
A South Korean delegation is in Singapore this weekend, triggering the latest round of paddock rumours about whether the race will take place -- including talk of a looming typhoon.
"We're happy with the circuit at the moment," F1 chief executive Ecclestone told the Korea Herald newspaper from Singapore.
He played down the rumours that the track will not be ready.
"I don't take a lot of notice of rumours," said the Briton, explaining the reasons for the delayed inspection.
"We waited for an obvious reason, because the weather's been bad. The federation (FIA) seems very happy with what's happened, with everything that will happen," he added.
Ecclestone also denied suggestions that FIA rules will prevent Korea from holding a race in 2011 if the inspection does not go well.
"We signed a contract," he said. "I can't discuss this (outcome), because it's going to happen."
"People are reading complete rubbish in papers that it is not going to happen, so I don't estimate a big, big crowd," explained the 79-year-old.