SINGAPORE GRAND PRIX: S'pore counts on night race to brighten economic gloom
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Published September 25, 2008
SINGAPORE GRAND PRIX
S'pore counts on night race to brighten economic gloom
AS the economic outlook dims, Singapore is switching on floodlights to brighten its future.
The city stages Formula One's first night race this coming Sunday under the glare of 1,600 lamps that will generate four times the brightness of a regular sports stadium.
Singapore, girding for a possible recession, is paying about US$200 million over five years for the rights to host the event, tapping the glitz of the world's most-watched motor races to promote itself as something more than a financial hub.
'Singapore has always been known as a good international business centre,' S Iswaran, Senior Minister of State for Trade and Industry, said in an interview. 'What we want to do is also raise Singapore's profile as a global city with great lifestyle, buzz, vibrancy.'
The race is the latest attraction for the South-east Asian city, including two casino resorts and the first Youth Olympic Games in the next thee years. The world's biggest ferris wheel - the Singapore Flyer - opened this year, towering over the pit lanes that will teem with the mechanics and drivers of Ferrari, McLaren and BMW.
Hosting major sports events is part of Singapore's strategy to diversify the economy from its traditional manufacturing base and to attract tourists, economists say. The F1 effect will be felt over years and won't be measured by the experience of this weekend's race alone.
'Singapore wants to become a global city and events like these are needed to make it one,' said Song Seng Wun, an economist at CIMB-GK Securities Pte in Singapore. 'The F1 race is just another piece in a big jigsaw puzzle.'
The arrival of F1 pacesetter Lewis Hamilton and world champion Kimi Raikkonen coincides with one of the closest championships - and a financial slowdown that's pushed Singapore to cut its growth forecast to between 4 per cent and 5 per cent this year from the 7.7 per cent pace in 2007.
'The financial turmoil throws up quite a lot of uncertainty, but tickets have sold out,' said Vishnu Varathan, a regional economist at Forecast Singapore. 'Retailers will probably see more restrained spending.'
Mr Iswaran expects Formula One to deliver $100 million of extra tourism revenue, with about half the 100,000 people involved in the Grand Prix flying in from overseas.
The closeness of the F1 title race - McLaren driver Hamilton leads Ferrari's Felipe Massa by one point with five of 18 races to go - may intensify the spotlight on Singapore.
'Just like the Beijing Olympics, all eyes will be on Singapore,' said Michelle Denise Wan, a spokeswoman for the Ritz-Carlton hotel in the Marina Bay area, where rooms sold out by July even with a minimum four-night stay.
Not everyone is getting a slice of the windfall, including some retailers closest to the action. Road closures and entry restrictions to the race area has Melvin Yap considering shutting his watch store in Millenia Walk.
'Things are going to be really bad,' said Mr Yap, sales director at Precious Time. 'Our regular shoppers won't be coming here.'
Formula One, with about 150 million viewers per race, is becoming the sport of choice for cash-rich nations. Bahrain added a Grand Prix in 2004, while Abu Dhabi is paying a record US$45 million for rights to host its first race next year, according to Formula Money, which tracks the sport's finances. South Korea and India will add F1 races in 2010. -- Bloomberg
SINGAPORE GRAND PRIX: Suite smell of success for privileged fans
http://www.businesstimes.com.sg/sub/...98404,00.html?
Published September 25, 2008
SINGAPORE GRAND PRIX
Suite smell of success for privileged fans
In all, there are 180 suites at 7 locations around the 5.1km Marina Bay circuit
By SAMUEL EE
Among the 100,000-plus people watching this weekend's inaugural Singapore Grand Prix, 13,000 will be doing so from the comfort of a corporate suite and not the grandstand.
Instead of being confined to a seat in the open for the duration of the 90-minute race, they will enjoy air-conditioning, food and drink. But not all suites are equal. Some not only offer more food and better drinks, but also exclusive privileges.
For the 2008 Formula 1 SingTel Singapore Grand Prix, there are 180 suites at seven locations around the 5.067 km Marina Bay street circuit. Depending on the location and view, they cost between $3,500 to $7,500 per person for a three-day pass and offer various levels of amenities.
Of the corporate hospitality packages available, the most expensive and exclusive is the Paddock Club at $7,500 per person plus GST. Despite the premium, the 4,000 tickets on offer were the first to be sold out - soon after they were launched last November.
They could be booked as a dedicated private suite, or tables of 10 within a shared facility. Each suite can take up to 50 people and those who bought two suites could have the wall between them removed.
Guests will be welcomed with arrival tea, dinner and light supper for the night race that starts at 8pm. For dinner, an international selection of - among other things - milk-fed veal and sushi, also offers localised alternatives such as lobster kueh pie tee topped with trout caviar.
The Paddock Club is housed in the pit building - the only permanent structure on the temporary circuit - directly above the team's garages. According to race promoter Singapore GP, it offers 'thrilling views of the nerve centre of the race' as well as 'unparalleled access, seamless service and the finest cuisine and wines' with a suite ambassador to 'service your account'.
Most of these ambassadors are former airline crew with experience in serving first and business-class passengers, said a Singapore GP spokesman. 'Their familiarity with the service ethic for this segment of clientele should help ensure a high standard of service.'
However, the most cherished aspect of the Paddock Club has to be pit access. 'Paddock Club ticket-holders can have a twice-daily privilege of walking on the Pit Lane so that they can observe the team garages up close,' said the SGP spokesman.
It is this exclusive privilege that those at the Pit Grandstand Suites will not enjoy, although there will be the 'same style menu as the prestigious Paddock Club'.
The Pit Grandstand is opposite the pit building and like the rest of the suites, there are two types - Sky and Club.
The Sky Suite costs $6,500 per person and allows access to the shared open-air sky deck above the suite, complete with a lounge and bar area to enjoy the race under the night sky.
The Club Suite option is cheaper at $5,000 per person but this single-level suite is situated one floor below the Sky Suite and does not come with the same rooftop option.
The Pit Entry and Exit Suites are located at the respective ends of the Pit Grandstands and they too have identical Sky and Club alternatives with the same pricing.
Ditto for Turns 1, 2 and 3 farther down the track at the Turns Grandstand Sky and Club Suites at $6,500 and $5,000 respectively.
Only the Sky and Club Suites at Stamford Grandstand are cheaper than this lot. At $4,500 and $3,500 per person, these suites are located at the War Memorial Park between Turns 7 and 8. The only consolation is that it is just across the road from the Raffles City hotel and shopping complex and good for a quick getaway after the race.
There are also two non-suite options that offer F&B - the Esplanade Steps Premier Grandstand before Turn 14 at $2,588 per person, and the Singapore Flyer Promenade Premier Grandstand at $2,188 per person. Anyone who buys one of these will get a grandstand seat in the open and access to F&B in the form of a self-service buffet and a free flow of drinks.
If you're tempted, you have to hurry - 'less than two suites' are left, says Singapore GP.
'With over 99 per cent take-up, we are now hosting one of the highest numbers of corporate guests for any Formula One race,' said the SGP spokesman.
Amid all these privileges, there is one suite that money can't buy. It is located at the southern end of the pit building on the third storey. Cantilevered out over the track, it boasts a magnificent view of the pit straight, its entry and exit as well as the pit lane - all unobstructed and all from the vantage point of the top floor. No doubt about it - this has to be the best room in the house.
Alas, entry is restricted to VVIPs - read government ministers and other 'big shots'. So if you're not either, please feel free to enjoy the race from somewhere else.
SINGAPORE GRAND PRIX: Party with the VVIPs at Amber Lounge
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Published September 25, 2008
SINGAPORE GRAND PRIX
Party with the VVIPs at Amber Lounge
By NISHA RAMCHANDANI
FORMULA One fans looking to rub shoulders with celebrities and race aces need look no further than Amber Lounge.
Amber Lounge was created in 2003 by Sonia Irvine, sister of ex-Ferrari F1 driver Eddie Irvine, as a place where the F1 community can come together to party after a race. It is limited to four Grand Prix locations a year to keep it exclusive.
The other three venues this year are Barcelona, Valencia and Monaco.
Party-goers generally include team sponsors, F1 drivers and celebrities.
'We'll have a mix of the right local people and F1 fraternity,' Ms Irvine said at a news conference yesterday. Amber Lounge can handle 1,000 people and will take place at a purpose-built venue in Temasek Avenue on Saturday and Sunday.
Tomorrow, Johnnie Walker - the headline sponsor for the lounge - will hold a private party for regional and local celebrities.
Ashu Kaul, marketing director of Diageo Brands, said that Diageo chose to partner Amber Lounge because of its 'association with glamour'. 'We will deliver the ultimate F1 party,' he said.
But don't expect the star treatment to come cheap. The VVIP tables - which seat eight - go for 7,250 euros (S$15,088) per table, while the classic tables go for close to 4,000 euros per table. And individual passes cost 500 euros a head.
These prices buy guests unlimited champagne such as Dom Perignon and Moet Chandon - depending on ticket type - and drinks until the club closes at 6 am.
Prices vary from city to city, depending on cost. 'It costs more to run Amber Lounge in Singapore than in Monaco, because I had to put up a marquee, as well as put in air-conditioning,' Ms Irvine said, adding that Singapore tickets are still cheaper compared with Monaco.
At the moment, all 60 tables for Sunday night are sold out. There are six tables left for Saturday night. Individual passes are still available.
Of course, the crowd will be different each night, as top drivers are unlikely to be caught dancing Saturday night away before the big race.
Still, this will not stop party organisers from ensuring that guests have the nightlife experience which they have been promised.
'If people aren't dancing on the sofas by the end of the night, I haven't done my job,' Ms Irvine said.
Ecclestone gives race track the thumbs up
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Published September 27, 2008
SINGAPORE GRAND PRIX
Ecclestone gives race track the thumbs up
He says hosting the world's first F1 night race is a win-win situation for Formula 1 and Singapore
By NISHA RAMCHANDANI
IN just 10 months Singapore has put together a top-quality race circuit that will make the rest of the world sit up and take notice, Formula One Management CEO Bernie Ecclestone said yesterday.
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MEETING THE PRESIDENT
(Left to right) Mr Ecclestone, Mr Ong and President Nathan at the Istana yesterday
Giving the track the thumbs up, he said he 'knew it would be super'. It would have taken a European country at least two years to pull off a similar feat, he added.
Mr Ecclestone first bandied the idea of an F1 race with property tycoon Ong Beng Seng - who sealed the deal that brought the race here - some 20 years ago.
'Once he agreed to do it, I never had any doubts,' said Mr Ecclestone, adding that he never does business with someone who doesn't have his trust.
Hosting the world's first F1 night race is a win-win situation for Formula 1 and Singapore, as it has catapulted the tiny island on to the global stage, he said. 'It's a street race at night. Worldwide, people are looking and talking.'
The government has also been a strong backer of the race organiser and the race - something the F1 supremo clearly appreciates. 'I've just come from the President's lunch. I asked all the drivers to come and they did, except the two McLaren drivers,' he said, adding that he would ask why they did not show up.
The lunch in question was the official Formula One luncheon hosted by President S R Nathan at the Istana. 'They're in showbusiness. They owe it to the public,' Mr Ecclestone said.
Despite his confidence that Singapore's inaugural Grand Prix will come off without a hitch, Mr Ecclestone is not completely without concern. 'I'm anxious to see how it's going to come out on television,' he acknowledged.
Europe accounts for a substantial proportion of the 500 million F1 viewers. As such, the time difference between Singapore and Europe makes the night race ideal for European fans.
The 1,500 floodlights that line the 5.067 km track will create illumination that meets standards for high-definition television broadcast and ensures driver safety.
'The first races are prototypes. You'll find things you want to do better next time,' Mr Ecclestone pointed out.
One suggestion for improvement that he raised was pushing back road closures to Thursday, instead of implementing them earlier. The closures began from midnight on Tuesday to facilitate the final stages of track work as well as the race itself, and remain closed in different phases until Oct 2.
The greatest F1 show on earth
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Published September 29, 2008
The greatest F1 show on earth
Atmospheric city nightscape offers magical backdrop for the glamour and the thrills
By SAMUEL EE
(SINGAPORE) Renault's Fernando Alonso won the 2008 Formula 1 SingTel Singapore Grand Prix last night, but there was another big winner - the Republic.
As Singapore's inaugural Grand Prix, it was a historic event - it was the first F1 night race, run on a street circuit (an Asian first), and anti-clockwise (one of only three such tracks this season). But more than those milestones, it was simply a brilliant performance.
Singapore's debut race produced non-stop excitement despite those who said that a street race would be a procession, because of the lack of overtaking opportunities.
Rain did not mix things up because it didn't happen despite a 50 per cent chance. Instead, the safety car came out twice to produce last night's unusual results. Previously uncompetitive Alonso started the race from 15th on the grid, but got a fillip from teammate Nelson Piquet Jr when the latter's crash brought out the safety car. Other highlights included Ferrari's Felipe Massa - who was in pole position - ripping off the fuel hose during a refuelling stop, and his teammate Kimi Raikkonen smashing his car into the wall.
Williams' Nico Rosberg came in second, and McLaren's Lewis Hamilton was third. The latter now leads in the drivers' championship.
All the thrills and spills took place just 16 months after it was announced that property tycoon Ong Beng Seng would be the race promoter. His company Singapore GP and the government agencies involved have since spearheaded what has arguably been the greatest F1 show on earth. The glamour and sounds of Formula One, set against the atmospheric backdrop of a modern city nightscape, was a magical combination. What the majority of Singaporeans used to watch only on television was actually in their town and for the 100,000 ticket holders, it couldn't have been more thrilling.
The frenetic preparations culminated at 8pm last night when the five red lights went out and the 20 cars on the grid, with Massa in pole position, zoomed off with their tyres smoking. The 1,500 light projectors supplied by Philips lit the circuit so well that no one even thought about anything else except the speeding cars. With 3.2 million watts of electricity, they were four times as bright as the usual lighting in a sports stadium. Raikkonen said that it was 'like racing in daytime'.
As a street circuit, Singapore's is the second slowest on the calendar, after Monaco. The maximum speed is 280 kmh and only one-fifth of the 5.067 km track - in front of the pit building - is new. The $40 million pit building itself is also the only permanent structure and the three-storey building housing the race facilities took only 10 months to build.
The pit building also houses the paddock club, which boasts the most expensive of the 180 corporate hospitality suites available. The hospitality there was impressive, with a special lifestyle area not found at other circuits. This alfresco section provided live music by a band to entertain guests enjoying facilities such as a champagne bar, hawker stalls serving roti prata and teh tarik, a merchandising outlet and even a spa.
But the rest of the infrastructure seemed like it was completed at the last minute. One Honda race engineer commented that upon his team's arrival last Tuesday, the place looked like a 'building site'. Little wonder because the landscaping was unfinished, there were muddy pools of water along the pathways, and construction materials littered the sites below the grandstands. As late as last Thursday - a day before practice sessions began - some toilets at the paddock club did not have running water yet.
Even over the weekend, some spectators heading to the pit building on foot from Marina Square had to cut across flower beds and construction sites.
But as the Honda race engineer concluded, the finishing touches were quickly put in place and he was impressed by the 'great circuit'.
The track winding around the Marina Bay area has visual assets too. It shows off the Singapore skyline to perfection. The F1 cars zipped by landmarks both old (such as the Old Supreme Court and Fullerton Hotel) as well as new (the Esplanade and Singapore Flyer).
With 500 million television viewers per race, the debut race has given Singapore's image a tremendous boost. On television though, the concrete barriers and high fencing that completely ring the track do not show off the landmarks well from the driver's point of view, unlike Monaco's more recognisable images. Only from a higher camera angle do TV viewers get more attractive glimpses of Singapore.
And unlike Monaco, the Marina Bay circuit is flat as a runway, although it is as bumpy and twisty as the principality's.
However, a street circuit also meant that there were extensive road closures and large swathes of fenced off areas. Those working in the vicinity complained of poor access, while shopkeepers faced dwindling numbers of customers. But there are also happy merchants. Team members were seen loading up on food and drink supplies at the Carrefour hypermart. At least one helped himself or herself to a supermarket trolley too, which was wheeled back to the paddock area.
After the race though, it was clear the surrounding infrastructure could not cope with the crush of departing spectators. Access to the Raffles City MRT station, for example, was relatively easy when walking through the Marina Square shopping mall. But where the crowds converged on One Raffles Link's narrow escalators designed for tenants of an office building, there was massive and potentially dangerous congestion.
However, the large number of security personnel and other event staff ensured that the general safety of all racegoers was taken care off. But one thing is certain - the many lessons from this first year's events will be learned and carefully applied for next year's race.
Rich & famous out in full force for S'pore's inaugural F1
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Published September 29, 2008
SINGAPORE GRAND PRIX
Rich & famous out in full force for S'pore's inaugural F1
Historic race draws royalty, celebrities, millionaires from Asia and beyond
By NISHA RAMCHANDANI
THE rich and famous were all out in full force over the weekend as the lure of being a part of history in the making proved too great to ignore.
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Celebrities all: (from left) Francis Yeoh, chairman of YTL Group, actress Michelle Yeoh with her nephew, Vertu CEO Alberto Torres, renowned flautist Andrea Griminelli and Indochine boss Michael Ma at the Vertu launch event at Indochine
From royalty to high ranking government officials, celebrities to multi-millionaires, Singapore's inaugural Formula One Grand Prix boasted a veritable list of who's who, hailing from Asia and beyond.
Both Prime Minister Lee Hsien Loong and Minister Mentor Lee Kuan Yew attended the Grand Prix yesterday evening. Upon arrival, MM Lee was received by F1 supremo Bernie Ecclestone, and greeted the latter by saying, 'It's come true.' Mr Ecclestone had first broached the idea of bringing the F1 here to property tycoon Ong Beng Seng some 20 years ago.
Other dignitaries present at the race included Malaysia's head of state, Tuanku Mizan Zainal Abidin as well as Brunei Minister of Foreign Affairs and Trade, Prince Mohamed Bolkiah.
Bollywood stars Shilpa Shetty, Preity Zinta and Imran Khan were at the Force India suite - the racing team is co-owned by Vijay Mallya - while renowned actress Michelle Yeoh and Miss Universe Dayana Mendoza of Venezuela were also in town for the race.
Sukowati Sosrodjojo, CEO of Rekso Group - which owns Raffles Jimbaran Bali and has majority shareholding in tea manufacturing company PT Gunung Slamat - flew down to Singapore with his family to watch the F1. Last year, the Sosrodjojo family was ranked 21 on Forbes' 40 richest Indonesians list with a net worth of US$355 million.
Of course, any F1 Grand Prix would not be complete without the accompanying glitz and glamour.
The Queen of Malaysia, Tuanku Nur Zahirah, attended Stylo Fashion Grand Prix on Friday night, an invite only gala event at the Mercedes-Benz Centre that was also attended by local celebrities and socialites. Dubbed the Scarlet Mansion, the event was said to have cost over $500,000.
Taiwanese actress Hsu Dee His as well as Indian stars Mahima Chaudhury and Mandira Bedi made an appearance at Johnnie Walker's private party at Amber Lounge on Friday night.
The MillionaireAsia Private Aviation Show, which was held for the first time, clearly benefited from coinciding with the Grand Prix weekend as it saw an influx of 300 high net worth individuals from Singapore and the region over the two days (Sept 26 and 27).
'We have four buyers in the process of signing,' said organiser MillionaireAsia's managing editor Brian Yim, who added that the various aircraft - two helicopters, a private jet and a propeller plane - had a combined value of some U$18.4 million. The buyers, mostly businessmen, included one Indonesian who was looking to pick up a helicopter for about US$4 million. 'We also had a lot of interest in private jet chartering,' added Mr Yim.
PM: The buzz will be valuable for Team Singapore
http://www.businesstimes.com.sg/sub/...98880,00.html?
Published September 29, 2008
PM: The buzz will be valuable for Team Singapore
Nation has shown its best, feedback so far has been positive
By NISHA RAMCHANDANI
(SINGAPORE) Singapore's successful hosting of its inaugural Formula One Grand Prix will generate a great deal of valuable buzz that will prove beneficial for the country, Prime Minister Lee Hsien Loong said.
Speaking to the press on the sidelines of the event last night, he highlighted that Singapore had shown its best and feedback so far has been positive. 'It turned out well. The stands are full, people are enjoying . . . visitors are impressed,' he commented.
The race also gave Singapore a platform to network with investors as the Economic Development Board (EDB) hosted a lunch for its corporate clients over the weekend. 'It was a chance for us to meet them, network and renew relationships,' PM Lee said.
However, pointing to traffic congestion and poor retail sales for some businesses, the prime minister also said that the government would work on ironing out the kinks for future races. 'We will see how we can minimise inconveniences,' he said, suggesting implementing road closures at most two days before the race. Road closures kicked in as early as Sept 20 in different phases and will continue until this Thursday.
While Orchard Road retailers seem to have benefited from the 40,000 plus tourists who are in town for the race, business for some stores within the Marina Bay circuit dipped in the earlier part of the week.
The Land Transport Authority had previously warned that traffic capacity on major roads connected to those that are closed off will see capacity drop by 30 per cent and give rise to delays and congestion.
Historic night race wows world
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Sep 29, 2008 Monday
Historic night race wows world
Thrills and spills mark Fl's debut in Singapore
By Leonard Lim
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The race yesterday, ending in a surprising win by Renault's Alonso, was electrifying. The crowd jumped to its feet at the start and remained standing for most of the event. -- ST PHOTO: TERENCE TAN
ON A night when sporting history was made, the big winners were Renault driver Fernando Alonso, Formula One and its fans, and Singapore.
Over 100,000 spectators, close to half of them tourists, turned up in the heart of the city to witness the world's first F1 night race yesterday.
Thousands more watched it on TV at home, at parties, and at nightspots. Many others who were downtown did not catch sight of the cars, but heard the howl of F1 engines and said it was something not soon forgotten.
And after an incident-packed two hours which saw several crashes and a horribly botched pit-stop involving pre-race favourite Felipe Massa of Ferrari, they were left hungry for more.
The race, won by Alonso - who had written off his own chances barely 24 hours earlier after developing an engine problem in qualifying - served up plenty of thrills for spectators and a worldwide TV audience estimated at 500 million.
There were three crashes, several lead changes and wheel to wheel action.
But while locals and foreigners alike said the race was quite the treat, they reserved the bulk of their praise for Singapore.
Many agreed the $150 million tab for staging it was worth it.
Said bank executive Joanne Lim, 27: 'To actually prepare to host the F1 in just over a year was amazing. Our successful staging shows the world the Singapore brand of efficiency.'
Foreigners vowed to return next year - Singapore has a five-year contract to host the race - charmed by what they had seen.
Said Briton Simon Crosse, 44: 'This is my first visit, and I've been overwhelmed. I've been to about 15 other Grands Prix, and this is the best.
'The night atmosphere, the organisation, it was just fantastic.'
Prime Minister Lee Hsien Loong gave the event the thumbs-up from the Pit Building yesterday, after watching part of the proceedings on track.
'The race itself is one thing. I think the audience, we've got the stands full, people are enjoying themselves and we've got a lot of publicity from this for Singapore.
'I've been watching it on TV the last couple of nights, not watching the cars, but watching the skyline, to see whether the skyline shows up and we see Singapore showing off its best.
'And I think that it's a city we can be proud of, and this is a valuable buzz, publicity for us around the world, which will benefit us in many ways.'
The praise flowed from many other quarters.
The sport's supremo, Bernie Ecclestone, called Singapore the 'jewel in the crown of F1'.
Across the world, newspaper and TV reports hailed the event as a stunning success. Writing in London's Sunday Times yesterday, for example, columnist and former race driver Martin Brundle called the Republic a 'world-class venue'.
Of night racing, he added, 'all of the senses are heightened, and the atmosphere...was electrifying'.
The accolades mean that two of the main aims of hosting the race - global exposure for Singapore and bolstering the Republic's reputation as an entertainment and events capital - have been met.
It is early days yet to tell if the other aim - boosting tourist receipts - has been met as spectacularly, but several entertainment and food outlets said business was definitely up over the weekend.
Indochine chief executive Michael Ma said: 'We've been extremely busy, roughly doubling our business over the weekend. It was a boon, especially for our Orchard and Clarke Quay outlets.'
Many Orchard Road retailers also said business was up by about 20 per cent over the weekend, thanks to the big influx of tourists.
To be sure, not everything went off without a hitch.
Despite an extensive business continuity plan, for instance, stores in the Marina area were hit by road closures which left many tenants twiddling their thumbs over the weekend.
Parts of the Marina Bay circuit also got the thumbs-down after Friday's practice sessions, especially the bumps in some parts and the high kerbing after St Andrews' Road.
But after organisers fixed the problems, drivers were effusive in their praise.
Said championship leader Lewis Hamilton: 'The most impressive thing for me is what an amazing job they have done here in Singapore to prepare the circuit.
'I think they did a tremendous job.'
The race itself? It was practically consigned to second place behind the praise for Singapore, but for the record: Nico Rosberg of the BMW team followed Alonso home in second place, with Hamilton finishing third.
Massa ended 13th out of 15 finishers, after he roared out of the pit lane with a fuel line still attached to his Ferrari.
The result leaves Hamilton on 84 points, seven ahead of Massa in the world championship standings with three races left.
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WHAT A DIFFERENCE A DAY MAKES
'The race is lost. You can't overtake here and I'm starting from 15th, so I will be going out just to lap the track, but it's over already.' - Race winner Fernando Alonso, after his car developed mechanical problems during qualifying on Saturday night
'Fantastic. The first podium of the season and the first victory. I can't believe it right now, I need a couple of days to realise that we could win a race this year...' - Alonso, after claiming his first win of the season last night
More 300+km/h Roar For Singapore
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More roar for Singapore
Ian De Cotta
Today
Thursday, 31 October 2008, 0836 hrs
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Spanish MotoGP rider Jorge Lorenzo
Now that Singapore has established itself as a premier venue for Formula 1™, get ready for the biggest and fastest thing on two wheels.
MotoGP, the motorbike equivalent of F1™, is set to make its debut here as early as 2011 when Singapore’s first permanent race track is completed. Speaking from his Madrid office in Spain, MotoGP boss Carmelo Ezpeleta told TODAY that his company Dorna Sports, which holds the commercial rights to MotoGP, has signed an agreement with a Singaporean company to stage a round of the 18-leg world championships here, when the planned track is completed.
The 61-year-old Spaniard, who is to Moto-GP what Bernie Ecclestone is to Formula 1™, also said that Singapore is an important part of the sport’s growth plans, as it is a key financial centre in the middle of an important region of the world.
Although TODAY is unable to name the Singapore promoter, who sealed the deal in Madrid about two months ago, due to contractual sensitivities, Ezpeleta said: “Yes, I can confirm that we have signed an agreement with a promoter to stage a round of the motorbike world championships in Singapore.
“But it depends when the permanent track you are going to build will be completed. I understand it will be up in three years’ time, so you can have a race there as early as 2011, if not 2012.”
Matching Formula 1™
MotoGP motorbikes can reach top speeds of about 340kmh, compared to 370kmh for F1™ cars, and Dorna claim they have an average television audience of about 350 million viewers across 200 countries for each race.
In terms of economic impact, organisers of the MotoGP event at Laguna Seca, California, say the annual event there contributes about US$100 million (S$146 milion) into the Monterey area surrounding the track, which is on par with spill-off revenues generated by F1™ races.
But unlike F1™ - with some Grands Prix held on street circuits, including Singapore - MotoGP hold all their races on purpose-built racing circuits.
Teo Ser Luck, Senior Parliamentary Secretary for the Ministry of Community Development, Youth and Sports, said at last month’s F1™ SingTel Singapore Grand Prix that the permanent circuit in Changi is on track to be completed in 2011. Although 20 hectares have been allocated for the project, he also said the Government is willing to consider releasing more land should there be a need.
And despite the difficult economic climate, Singapore Sports Council chief executive officer Oon Jin Teik said that plans for the track will go ahead. “The Changi racetrack is a major component of SSC’s overall motor sports industry development plan in Singapore and it is intended to be funded by the private sector,” said Oon.
“The current financial climate will have an impact on the types and number of bidders that we will be able to attract. Nonetheless, it can only serve to improve their quality and proposals. Weaker players are unlikely to participate while stronger ones will need to put together even better proposals that will enable them to secure financial backing. Based on the feedback we’re receiving, potential investors are still upbeat about the project.”
Friendlier Ticket Prices
In their regulations for 2008, the sport’s world governing body, the Federation Internationale de Motocyclisme (FIM), has stipulated that tracks hosting MotoGP races must be at least 3.5km long.
But Ezpeleta would like to see them longer than that. “We prefer a race track with a length of at least 4km to 4.5km, but safety is our top priority,” he said.
“It would be good also if the track could hold at least 70,000 people, but I am leaving that to the promoter in Singapore to decide.
“Asia is important to MotoGP’s growth and Singapore is at the centre of it, that is why we want to hold a round there. But like I said, my agreement with the promoter in Singapore is subject to the track being built.”
There is an added attraction to MotoGP, as ticket prices are far more affordable. At the Malaysian MotoGP race earlier this month, a seat at the main grandstand cost about RM230 (S$95), compared to about RM1,800 for the same seat at the Formula 1™ race there in April this year.
But Ezpeleta, who has an “unwritten agreement” with Ecclestone to ensure their events don’t clash, said: “If Singapore’s F1™ race is in September, we will have no choice but to plan a MotoGP race to be held there in early 2011.”
Singapore F1 Track Scoops Award
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Singapore F1 track scoops award
AsiaOne
Thursday, 13 November 2008
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The Singapore Marina Bay street circuit has come into the limelight again after winning international praise with its inaugural night race on Sept 28.
The street circuit has won the title of world-wide Motor Sport Facility of the Year at the Professional Motor Sport World annual awards ceremony, held in Cologne, Germany on Nov 11.
The Singapore Grand Prix venue was commended both for the revolutionary track lighting and the spectacular way in which it wove the track through the heart of the city.
The Singapore Grand Prix venue went up against other candidates such as the European Grand Prix venue at Valencia in Spain, the new Toyota Racing Development chassis engineering building in Cologne and a new start-of-the-art motor racing facility at Sturup, near Malmo in Sweden.
Jonathan Hallett, Director of Media and Communications for Singapore GP, praised the entire team involved in the event.
'We are delighted that the efforts of the entire team, the invaluable contribution from all our fantastic partners, and the strong collaborative efforts from the government agencies and businesses, particularly those around the circuit, have been recognised by this award,' he said.
The Professional Motor Sport World Awards, which are in their third year of recognising international motor sports endeavours, were selected by a distinguished judging panel from all areas of the sport.
Other awards given out at the gala Award show in Cologne included Safety Innovation of the Year (awarded to the FIA Foundation for their work in improving safety in the World Rally Championship), and Team Principal of the Year (awarded to Franz Tost of Scuderia Toro Rosso).
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