SINGAPORE: Many were expecting to hear the good news this weekend about the possibility of Singapore staging its first Formula One race.

But so far, no decision has been made after the F1 race in Melbourne, where Singapore government officials and some private investors have gathered.

Disappointment aside, industry watchers said the delay could have other repercussions.

Over the past few weeks, the hype about Singapore hosting a F1 race was gathering pace.

Many had speculated Melbourne was where the decision would be announced.

Now industry watchers feel the earliest date may be next week or even April.

But to the Singapore Motor Sports Association, any delay would mean less time to prepare the manpower and logistics for the race.

Tan Teng Lip, President, Singapore Motor Sports Association, said: "Since we are doing it for the first time, a lot of training needs to be done for our officials and marshals, to get them ready. This is a more critical issue."

Being a street race also means more planning in terms of crowd control and emergency evacuation.

But no matter when the decision would be made, one thing is certain – the economy, especially tourism, will get a boost.

Chris Quek, who organises tours for Singaporeans to overseas races, sees a reverse influx of fans from Malaysia and the region.

The fact that it could be a night race also gives Singapore more advantages.

"Because it is held at night, people have no choice but to stay the night. From what I heard, it will probably be a midnight race to cater to the overseas market," said Mr Quek.

Singaporeans are already gearing up for the event with a forum called "Motor Sports Asia" planned for April, and some big names have been invited as guest speakers to give insights on why Singapore should be part of the fast action.


- CNA/so