Sunday, April 08, 2007

Formula One

How many of us like to watch car racing? If you are a fan of the Formula One (F1) Race, fear not...the race is going to be held in Singapore.

Beside the Integrated Resorts(IR) and Casino are going to build at Sentosa, most likely Singapore Government is going to organize the race in local. From the news report for the past few months till now, they are discussing the road tracks where the cars are most suitable to run.

Singapore is going to have another new tourist attraction which can attract more foreigners to come and boost our economy. As more foreigners will be coming in next few years once the race is started, hotels and restaurants predicted to have an increase in their sales. Let us take a look at the race e.g. held in Malaysia for years; its capital and revenue rate increased since the race is begun.

Although Singapore is small and the investment of having a race in here, is alot in terms of millions or billions, but I believe that the profit turnover rate will be high. Who knows, this might become one of a cca for some schools and in the future, this will become a competition event in Olympic or Sea games.

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