Press Release


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Corporate Hospitality Packages for the 2008 FORMULA 1™ – SingTel Singapore Grand Prix launched

Singapore, 29 November 2007 - Corporate hospitality packages for the inaugural FORMULA 1 SingTel Singapore Grand Prix are now available for sale via the race promoter Singapore GP Pte Ltd.

A total of 9,000 corporate hospitality tickets will be made available during phase one. Each of the 180 corporate hospitality suites will be able to house 50 guests over the 3-day race weekend for companies who wish to entertain their clientele at one of the most prestigious events on the Singapore calendar. Larger suites will also be available.

The prestigious corporate suites will be available above the major grandstands at seven locations around the circuit park. These include the Pit Grandstand (opposite the Pit Building), Pit Entry and Exit, Turns 1, 2 and 3 and opposite One Raffles Link. Prices range from S$3500 to S$6500 per person for a three-day pass.

Two types of Suites are available:

Sky Suite - The Sky suite is equipped with an enclosed air-conditioned dining facility and an outdoor viewing area at the front of the suite. Guests also have access to an open-air Sky Terrace above the suite complete with a lounge and bar area to enjoy the race under the night sky.

Club Suites - The Club suite is on a single level and is equipped with an enclosed air-conditioned dining facility and an out door viewing area at the front of the suite.

All Suite packages include a complimentary open bar, a premium wine selection and a fabulous 5-star menu for Arrival Tea, Dinner and Supper as well as stunning views around the circuit.

Singapore GP is currently looking at additional locations for corporate hospitality facilities at other locations around the track. These will be made available in the first quarter of 2008.

In addition, Singapore GP will be accepting expressions of interest for tickets in the FORMULA One Paddock Club™. Traditionally, priority for tickets will be given to the FORMULA 1™ Teams and Sponsors. Tickets are expected to be very limited due to strong demand and cannot be guaranteed until part 2008, once the final inventory is available. The Singapore FORMULA One Paddock Club™ is a part of the purpose built permanent Pit Building.

The general grandstand ticketing will be launched in late December. A three-day pass for grandstand seating is likely to start from approximately S$275.

All interested companies should approach Singapore GP Pte Ltd directly to purchase corporate hospitality or race tickets. Only Singapore GP has the rights to offer official packages and reserves the right to deny entry to any unauthorised ticket holders. For more details, please call the Corporate Sales Department at +65 6731 5900, email hospitality@singaporegp.sg or visit www.singaporegp.sg.

About 2008 FORMULA 1™ SingTel Singapore Grand Prix

The inaugural 2008 FORMULA 1™ SingTel Singapore Grand Prix took place on 28 September 2008 on a street circuit of public roads around the Marina Bay area. The race was the first Formula One™ to be held at night, and the first Formula One™ street race in Asia. Over 100,000 spectators, a sell-out, capacity crowd, watched the Singapore Grand Prix trackside. Over 30 million TV viewers in the five main European markets of France, Germany, Italy, Spain and the UK, are estimated to have watched the live coverage of the race.

About Singapore GP Pte Ltd

Singapore GP Pte Ltd is the race promoter for the FORMULA 1™ SingTel Singapore Grand Prix. It holds five-year renewable rights to stage the Singapore Grand Prix, beginning with the 2008 Season. The company is a partnership between Komoco Motors Pte Ltd and regional events company Lushington Entertainments, via its parent company Reef Enterprises.