Friday, May 18, 2007

F1 race in Singapore

Yo guys! I am back! Surely you have heard of the recent news of the holding of F1 formula race in Singapore as a form of street circuit race. Yes i agree that it is indeed a hot topic and might proved more advantages than disadvantages. Thus, in this entry, I shall weigh the pros and cons of holding a street race in Singapore.

Firstly, I shall touch on the advantages. The holding of F1 formula race here would surely boost the tourism industry, there will be a large scale movement of tourists from globally to Singapore. Tourists include those fans of F1 formula drivers, business leaders who invest on the race, other curious tourists who want to watch th race so on. Thus, there will be a surge in the number of tourists and indirectly, Singapore will earn more revenue through tourism industry. For example, governments can earn money from hotels, tourist attractions which some tourists will visit while on the stay here, food and beverages outlets so on. This, on the whole, will make
Singapore more wealthier and more stable as a country and people will become wealthier too.

Also, this golden opportunity enables Singapore to showcase what it is capable of to the entire global community. As Singapore is known as a small country with limited resources, there will be some tendency when bigger and more powerful countries overlook us. This will prove them wrong as in the sense that even how small Singapore is, it could still organise a large scale event. And this defintely improves the reputation of Singapore and earns it a place among the core in the world. It is necessary as countries are getting more competitive and Singapore, with limited resources has already lose out, if she did not add new features, there might be a situation where Singapore will be kicked out.

Now, I shall talk about the disadvantages. As I presume we all know that Malaysia, our neighbour and ally, has also an internation F1 race circuit in Sepang. I feared that this F1 race in Singapore could create unnecessary competition between both countries as they fight for the majority of the tourists. Indirectly, this will cause tension between both countries and might result in international conflict. Countries would nto want to lose out in terms of economic gains, furthermore, Malaysia was the original country which has the F1 circuit first and now Singapore is going to have one. To them, it might be unfair as a competition for economic gains.Yo guys! I am back! Surely you have heard of the recent news of the holding of F1 formula race in Singapore as a form of street circuit race. Yes i agree that it is indeed a hot topic and might proved more advantages than disadvantages. Thus, in this entry, I shall weigh the pros and cons of holding a street race in Singapore.

Firstly, I shall touch on the advantages. The holding of F1 formula race here would surely boost the tourism industry, there will be a large scale movement of tourists from globally to Singapore. Tourists include those fans of F1 formula drivers, business leaders who invest on the race, other curious tourists who want to watch th race so on. Thus, there will be a surge in the number of tourists and indirectly, Singapore will earn more revenue through tourism industry. For example, governments can earn money from hotels, tourist attractions which some tourists will visit while on the stay here, food and beverages outlets so on. This, on the whole, will make
Singapore more wealthier and more stable as a country and people will become wealthier too.

Also, this golden opportunity enables Singapore to showcase what it is capable of to the entire global community. As Singapore is known as a small country with limited resources, there will be some tendency when bigger and more powerful countries overlook us. This will prove them wrong as in the sense that even how small Singapore is, it could still organise a large scale event. And this defintely improves the reputation of Singapore and earns it a place among the core in the world. It is necessary as countries are getting more competitive and Singapore, with limited resources has already lose out, if she did not add new features, there might be a situation where Singapore will be kicked out.

Now, I shall talk about the disadvantages. As I presume we all know that Malaysia, our neighbour and ally, has also an internation F1 race circuit in Sepang. I feared that this F1 race in Singapore could create unnecessary competition between both countries as they fight for the majority of the tourists. Indirectly, this will cause tension between both countries and might result in international conflict. Countries would nto want to lose out in terms of economic gains, furthermore, Malaysia was the original country which has the F1 circuit first and now Singapore is going to have one. To them, it might be unfair as a competition for economic gains.

To solve this problem, I suggest that both countries come up with a consensus or agreement. To my relief, I have read news about governments taking action. This could prevent a snowball fo event leading to worse conflict. Thus, it is necessary for countries to agree with one another first before Singapore carry on with the development of F1 race. This is important as I feel diplomancy is more important in this case.

In conclusion, i totally agree that Singapore should develop a F1 race as it will benefit us in many ways as I have mentioned in the above paragraphs. Nevertheless, relevant authorities should exercise responsbility in sense that they do not cause unhappiness and tension with another country as it could create more conflicts. It is better for every party to be satisfied and contented.

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