F1 Singapore: What have we become? - Singapore News

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'Whatever the outcome of investigations involving Transport Minister S Iswaran and businessman Ong Beng Seng, the man who brought F1 to Singapore, the government will have to look more closely at F1 and decide what to do with it' - Tan Bah Bah, Sense And Nonsense columnist

: “What have we become? Playground for the super wealthy? Singapore is NOT Monte Carlo. There are real people living and making a living here. They and their surroundings are not props for others to gawk at. The F1 has already achieved its purpose of upgrading our profile and showing the world our skyline and tourist attractions. Enough is enough.

The Ministry of Trade and Industry and Singapore Tourism Board fund 60 per cent of the $135 million to $150 million in race costs each year, with the Singapore GP footing the rest, according to The Straits Times. Since its debut in 2008, the F1 race in Singapore has generated more than S$1.5 billion in incremental tourism receipts, aNext, make it clear to F1 organisers and participants that Singaporeans welcome them but they have to know our rules.

“ ‘But I’ve seen locals at these shows.’ Corporate sponsors’ tickets brought them there. On their own, some might well be at places like the Padang where they pay $100 to catch a glimpse of celebrities a galaxy or two away.

 

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