| The Singapore Grand Prix was only resurrected in | | | | 2007, hotel packages and hospitality suites were |
| 2008 after almost 30 years of being at rest. It | | | | opened for booking and immediately got full |
| was formerly referred to as the Formula Libre | | | | reservations. Patrick Fiat, general manager of |
| event during the 1960s. But upon Singapore's | | | | Royal Plaza on Scotts, said that the resurrection |
| independence in 1965, this race held at the | | | | of the Race would provide a big boost for |
| Thomson Road circuit was renamed as the | | | | tourism in Singapore. Fiat also added that this |
| Singapore Grand Prix. This phenomenon thrived | | | | Race was one of the best things that could |
| for many years, attracting thousands of fans | | | | happen for the country. |
| from different parts of the globe. | | | | It would provide a new branding for Singapore |
| However, the phenomenon ceased in 1974 | | | | and would increase its stance in the global market. |
| because of collaborative issues that bombarded | | | | Fiat was correct in saying this because a total of |
| the management responsible for the Race. The | | | | around 110,000 tickets were released for |
| fatal accidents that occurred in the 1972 and 1973 | | | | Singapore's first Formula One race. With the |
| races raised concerns from many citizens. These | | | | flooding of tourists, airline companies and hotels |
| accidents even intensified the complaints received | | | | were the most likely beneficiaries of this |
| from many people criticizing the inconvenience | | | | phenomenon. Ms. Ng of Pan Pacific Hotel said that |
| caused by closing main roads, rerouting | | | | this race is extremely encouraging, not only for |
| transportation and heavy traffic jams for the | | | | the hotel but for the outlook of the hospitality |
| duration of the race. | | | | industry as a whole. |
| However in 2007, the five-year deal signed by | | | | Hotels in the Marina Bay area are said to have the |
| Singapore GP Pte Ltd, the Singapore Tourism | | | | most advantage because they provide a very |
| Board and Bernie Ecclestone marked the | | | | good view of the race from their rooms. Tourists |
| Singapore Grand Prix's return to the limelight. The | | | | are quick to book their accommodations even as |
| race was co-funded by the Government of | | | | far as a year before to ensure their stay and get |
| Singapore, investing S$90million out of the S$150 | | | | a good room that would provide a perfect view |
| million total cost. Singapore Grand Prix, Formula | | | | of the race. Other hotels along the route which |
| One's first night race, is currently held in the | | | | also provide commanding views of the races are |
| Marina Bay area, Singapore. F1 race cars take the | | | | Ritz-Carlton Millenia, the Fullerton and Swissotel the |
| circuit route in Singapore's downtown area. | | | | Stamford. But even If tourists failed to acquire a |
| When the comeback of the Singapore Grand Prix | | | | room from these noted hotels or failed to buy a |
| was first announced in early 2007, thousands of | | | | ticket to the race, they can still try their luck and |
| fans and tourists expressed their excitement and | | | | steal glimpses of the race in Suntec City, the |
| enthusiasm for the event. As early as November | | | | Esplanade theatres or Padang. |