Singapore Still Sees Formula One Allure, Tourism Chief Says
- Discussions on Singapore race still ongoing, Yeo says
- Tourism board sees visitor arrival growth slowing in 2017
Tourism Is Key Economic Driver in Singapore
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Singapore is still interested in hosting the Formula One race if the terms are right, and discussions on keeping the event in the Southeast Asian nation are under way, according to the Singapore Tourism Board.
"I think the event is still a good one and I think it’s something we’re interested to look at provided the terms and conditions are right," Lionel Yeo, chief executive officer at Singapore Tourism Board, told Bloomberg Television’s Haslinda Amin Tuesday, when asked if hosting the event makes sense. “The discussions are still ongoing."