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Being a Singaporean, you can't imagine how much i'd love to see F1 being held here.
I'd be objective. I think that Singapore can offer a lot to F1 as much as F1 can offer to Singapore. i've long thought that Singapore GP does fit the "image" of F1. It is disappointing that it took Singapore so long to react to the advantages an F1 Grand Prix will bring to Singapore, while they spent much time deliberating on other issues (ie Casino-resort, e Esplanade etc).
F1 is possible to happen in Singapore. A street race would be brilliant especially if it's around the city area. No worries of Monaco-alike, the roads here are sufficiently long and wide and smooth enough.
The only two "problems" would be how receptive some part of the government may be to this idea, and how the effect it would have on Sepang.
I've seen a proposed layout of 3.5km which is designed to attract Japan GT racing to Singapore a year plus back, it didn't quite work out right yet. And i do not know if the latest news does indeed build on the old plan or a fresh proposal.
It would be interesting to see how it work out. I won't put too much money on it happening, as the idea is too much in it's infancy. But that said, it would be exciting to see developements of a new city-circuit (instead of another HT-designed circuit), and who knows..even a new circuit on a tourist island similar to Montreal GP.
And instead of being satisfied with F1, i think the motorsports association should target a wider range of series just to build up on motorsports culture here.
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