Formula 1 returns to Singapore in sign of pandemic recovery

After two years in the pits, the Red Dot gets the green light to host the F1 Grand Prix.

By Bloomberg News, January 28 2022
Formula 1 returns to Singapore in sign of pandemic recovery

Singapore will host the Formula One Grand Prix race later in 2022 after a two-year gap, as the city-state seeks to re-position itself as a prime business and tourist destination in Asia while pivoting toward a strategy of living with Covid-19.

The Southeast Asian nation had its contract renewed for another seven years until 2028, its longest extension yet, organizer Singapore GP and the Singapore Tourism Board said in a joint statement Thursday.

The 2022 race, which takes place over 61 laps of the scenic 5km Marina Bay Street Circuit, is set to be held across September 30 - October 2, following the Russian GP round on September 23-25 and Japan's Suzuka event on October 7-9.

The Marina Bay Street Circuit hosted the first night race in F1 history in 2008, and Singapore has continued to thrill fans, teams, and drivers ever since,” said Formula 1 President and CEO Stefano Domenicali.

Singapore holds a special place on the F1 calendar, and this extension is part of our long-term commitment to continue to grow the sport in Asia."

The return of the high-profile competition follows a slew of business and sporting events on the island since Singapore reopened its borders to vaccinated travelers from countries including the U.S., U.K. and France.

Officials scrapped the race over the past two years due to pandemic restrictions and surging Covid-19 infections, and the F1 pit building was used temporarily to house coronavirus patients.

The renewal of the event will “sustain Singapore’s reputation as a global city” and attract international visitors, Transport Minister S. Iswaran said in the statement.

“Even as we deal with the immediate challenges of the pandemic, it is important that we focus on our recovery and long term growth.”

Data from the tourism board shows that Singapore welcomed 330,000 visitors last year, compared to 19.1 million in 2019 before the pandemic hit.

This article is published under license from Bloomberg Media: the original article can be viewed here

05 Mar 2015

Total posts 389

Great news, not only because Singapore's economy desperately needs this shot in the arm or that it's s a sign of confidence that there are better times ahead, but because this is a great GP and a top way to spend time in Singapore. A few years ago I'd arrange to fly up to Singapore for a business trip in the lead-up week and then be there for all the GP fun. Because this is a street circuit some of the hotels have great views of the track!

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