Latest CNNGo.com "Say What? with mrbrown" column: CNNGo column: 21 ways to save money at the next F1
When Second Minister for Trade and Industry Mr S Iswaran said that Singapore was in "no hurry" to extend the Formula One race beyond its current contract, and that he would "like to see it continue on a mutually beneficial basis", I read that as SingaporeSpeak for "Got discount or not?"
I don't blame the Government if they are having second thoughts about staging the F1 night race here for another five years. It costs S$150 million (US$115.4 million) annually to stage the race, the Singapore Government foots S$90 million (US$69 million) of the bill (with taxpayers' money) and we rake in about S$100 million (US$77 million) in tourism each year from it.
It doesn't take a math genius to see that this isn't exactly a lucrative thing for us to stage.
That is why I propose we try to find ways to save money for future F1 races in Singapore. I asked the greatest minds of the country to mull over this, with this hashtag: #waystosavemoneyatnextF1
1. @mrbrown: Lose the high-powered lights at the Singapore night circuit. #F1 drivers to drive with night-vision goggles.
2. @mrbrown: Computer graphics fireworks for TV audiences. (Actually, didn't China "enhance" their fireworks for tv too?) (cont'd)