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 10 December 2010 @ 11:06 PMFormula One
 Formula One or more commonly known as F1,is the highest class of single seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA). Singapore was the host for the recent 2010 Formula 1 Night Race Grand Prix on the 26th September.Having the chance of being the F1 host with sound of race engines roaring to life and filling our city centre with much excitement has brought about many advantages to Singapore.
With a global viewership of 500 million and a strong fan base worldwide, the F1 race is a world-class event that has help to inject buzz and vibrancy to Singapore and enhance our appeal as a top-of-mind destination. In addition,F1 is the third most-watched event in the world after the Olympics and the World Cup. With such a powerful impact,no wonder it's a gain for Singapore economy.For instance hosting the F1 has helped Singapore to generate incremental tourism receipts.Increased visitorship, ranging from hotels, restaurants and airlines to retail and entertainment outlets.To round it up, F1 has mainly increases Singapore's profits.At the same time, the long-term benefit it has brought about is attracting tourists to our country. Thus the question now is should Singapore host F1 again?Of course!Afterall hosting it has not only pumped in revenue but also make Singapore a favourite holiday destination.
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