Tuesday, March 20, 2007

Singapore hosting F1

there have been talks between Bernie Ecclestone and Singapore tycoon Ong Beng Seng about hosting a F1 race in Singapore. street circuit like Monaco is expected beside it will be held at night.

some interesting facts i found.

1. Mr Ong was borned in Malaysia
2. Mr Ong and his wife owns hotel chains and franchises like haagen dazs, hard rock cafe and fashion brand Armani (club 21 to cover the fashion range)
3. The share price shot up 26% after the talk of holding f1 races in Singapore
4. Brought in Michael Jackson and Three Tenors concert
5. Hanged out with Demi Moore, Robert Deniro and Jackie Chan

it would definitely be interesting to watch a street race at night on the busy Singapore streets. however, it's so near to the Sepang and i wonder it's feasible to have another round of race in Singapore. to pull hundred thousands of crowd paying thousand dollars to a race is not an easy task for sure. the super duper high costs of building a F1 homologated circuit is another challenge. of course they can build only a temporary structure for the pit like Albert Park, which can be converted for other usage during non-F1 season, it is still a costly and challenging project.

it's said that the result will be out in two weeks and let's keep our eye open for the final conclusion of the discussions.

No comments: