http://www.channelnewsasia.com/stories/singaporelocalnews/view/267434/1/.html...The F1 race could come to Singapore, and if it does, it would be driven by the private sector.
This was confirmed by Mr Iswaran, who was speaking at the sidelines of an event organised by SPRING Singapore.
Mr Iswaran added that the government would step in, if required, so as to make it easier for the race to be hosted here.
For the moment though, the government was still waiting for the proposal from the private sector.
Mr Iswaran said, "I think we are progressing well. As we have said, we wanted the private sector to take the lead and I think the negotiations from what I understand from the private sector, they are going well....
another smart move, sit there and wait. TO COLLECT MONEY!!!
"Private Sector" you pump the cash, "I" STEP IN to give you your permit for the race.
Personally, I want to see F1 in SG.
On "business" point of view, I would like to see it in SG as well if it really bring in the cash. ??? !!!
As SG GOV point of view, damit "they" always wanted it, we make them pay for it and get credit for it when it a success. it flop, we can always blame them. either way we still get paid the "minimum."
