Singapore News

News from Singapore

Singapore opens doors to Formula One race

Posted by jtsmyth8 on October 29, 2007

Singapore plans to cash in on holding a Formula One race starting next year by developing a motor sports industry in the city-state.Singapore got the green light this week from Formula One’s governing body to hold the sport’s first-ever night race.

The government will seek proposals from the private sector in May next year to build a permanent race track in Changi, eastern Singapore, according the Singapore Sports Council.

“The government has identified the motor sports industry as a growth industry that will contribute to sports development and the economy in Singapore,” said Vivian Balakrishnan, minister for community development, youth and sports, in a statement Friday.

The racetrack is expected to be completed by early 2011.

(source)

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