SINGAPORE — The Formula 1 Singapore Grand Prix is set to see its biggest turnout since the first night race in 2008, with tickets for this year's edition expected to sell out.
Giving this update on Saturday , Transport Minister S Iswaran said that the ticket sales are a very clear sign that Singapore is"back strong" and ready to host world-class events after the Covid-19 pandemic.
"I think it's a very clear sign of the interest and demand both locally and internationally for these kinds of sports events and entertainment."This year's event will be held from Sept 30 to Oct 2, after a contract was signed in January for Singapore to host the Formula 1 Grand Prix for another seven years — the longest extension for the race to date.
The minister said that more than 40 per cent of the participants are usually from overseas and this should remain unchanged or could be exceeded this year. "The objective is to bring the buzz, excitement and the experience of F1 to all parts of Singapore, including our heartlands," he said. This year, Singapore will host the Milken Institute Asia Summit, as well as the Forbes Global CEO Conference, both of which will be held days before the Singapore Grand Prix.
Mr Iswaran said that there are many Singapore small- and medium-sized enterprises, contractors and service providers supporting the organisation of the race, totalling about 30,000 people."The hotels are gearing up, the hotel managers I have spoken to are very positive about the Formula 1 this year. They say the bookings are strong, the room rates are strong and they have been able to mobilise the manpower.
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