Thursday, 22 September 2011

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OPINION: Formula one revs up Singapore's businesses and economy - Puneet Pal Singh

  • Thursday, 22 September 2011
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  • BBC News, 22 Sep 2011
    Its just not the businesses that are benefiting. The government's investment into bringing Formula One to Singapore is paying off as well.
    According to initial estimates, the cost of hosting the Grand Prix is 150m Singapore dollars ($115m; £75m) per year. As much as 60% of that is being invested by the Singapore government through the Singapore Tourism Board (STB) in a bid to attract more visitors to the island nation. Full story

    Related:
    Singapore reaping the rewards that F1 brings - The F1 Times

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