Press Release


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SINGAPORE GP ANNOUNCES RELEASE OF TICKETS FOR 2010 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX

Singapore, 09 February 2010 - Race promoter Singapore GP announced today that approximately 65,000 three-day general admission tickets for the 2010 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX will be available for sale from 1 March 2010. The tickets will be priced differently across two phases: early bird (1 March to 30 April) and regular (1 May to race week).

The 65,000 three-day general admission tickets are in addition to the 10,000 Paddock Club and corporate hospitality suite tickets officially launched yesterday. This brings the total initial release to 75,000 pending the launch of single-day Zone 4 walkabout tickets.

For general admission tickets, Singapore GP is implementing guaranteed prices throughout the sale period so that fans can make more informed decisions on when to buy tickets.

The early bird phase which will last two months (1 March to 30 April), offers fans an average saving of approximately 15%, with the Padang, Turn 3, Esplanade Waterfront and Bay Grandstands offering the best savings at 17%.

"Over the past two events, we've learnt that we can make significant savings by planning early," said Mr. Teo Hock Seng, Chairman of Singapore GP Pte Ltd (SGP).

"As a non-permanent, build-to-order circuit, last minute additions to the infrastructure and manpower incur considerable additional expenditure. It's only fair that our customers benefit from the savings we can obtain when we order the necessary facilities earlier."

Five grandstand ticket prices lowered compared to last year

Following feedback from last year's ticketholders, Singapore GP has worked hard to ensure that the top-end grandstand tickets are more price-accessible. Working closely with key partners, Singapore GP has been able to leverage cost savings and pass on 14% savings to fans for the Pit Grandstand and 8% for Turns 1 and 2. The Stamford and Connaught Grandstands offer 11% and 19% savings respectively.

"We will continue to build on the success of the last two years and remain committed to keeping prices affordable while improving the content to ensure that the 2010 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX remains one of the must-attend events on the FORMULA ONE calendar," added Mr. Teo.

Remaining grandstands and Zone 4 Walkabout tickets held at 2009 prices

The Bay, Padang, Turn 3 and Esplanade Waterfront Grandstands as well as Zone 4 Walkabout tickets have been held at 2009 price levels.

New category of walkabout tickets offer access to Zone 1

Responding to feedback, Singapore GP will for the first time release a walkabout ticket that allows fans access to Zone 1. This new category of three-day tickets - the Premier Walkabout - allows fans, for example, to watch the action along Republic Boulevard where the cars approach the sweeping right-hander at Turn 5. At Turns 22 and 23, spectators can see first-hand drivers entering the pit lane or heading towards the chequered flag. Zone 1 will be equipped with specially designed bleachers to maximise viewing opportunities. Premier Walkabout ticketholders also have access to the entertainment offerings in the rest of the Circuit Park.

Enhancements for Zone 4 Walkabout ticketholders

The existing Zone 4 Walkabout tickets continue to provide fans the same access as 2009. This year, facilities have been improved to include additional viewing bleachers and more screens to enhance the overall experience.

5,000 single-day Zone 4 Walkabout tickets to be released later

This year, single-day tickets for the Zone 4 Walkabout will only be introduced once the entertainment offerings have been announced for each day.

As the Circuit Park initial entertainment line-up will only be confirmed in the coming months, fans who want to catch the performances on specific days can then choose to visit when their favourite artistes are performing.

Although single-day walkabout prices are not yet released, it is expected that three-day tickets will offer at least 25% savings over individual day tickets."The 2010 FORMULA 1 SINGTEL SINGAPORE GRAND PRIX will see a fresh line-up of drivers, new race teams, and the highly-anticipated return of FORMULA ONE legends. Coupled with an exciting line-up of support races and approximately S$5 million dollars worth of entertainment throughout the Circuit Park, fans can expect an even more spectacular event come September," said Mr. Michael Roche, Executive Director, Singapore GP Pte Ltd.

"With the introduction of the new MRT stations and greater access provided via the Double Helix bridge, we are currently evaluating if we could add additional inventory around these areas in the lead up to the race," added Mr. Roche.

Tickets will be available for sale online (www.singaporegp.sg), via the ticketing hotline +65 6738 6738 as well as SISTIC and selected SingPost outlets.

Early Bird (EB) versus Regular Pricing (RP)
   Ticket Category Prices (SGD) Approximate Savings#
(Early Bird Price versus Regular Price)
Early Bird
1 March to 30 April
Regular
1 May to Race Week
Grandstand
(3-Day)
Pit 1,088 1,288 16%
Turn 1 1,088 1,288 16%
Turn 2 1,088 1,288 16%
Turn 3 988 1,188 17%
Stamford 798 898 11%
Connaught 598 698 14%
Padang 498 598 17%
Esplanade Waterfront 498 598 17%
Bay 248 298 17%
Walkabout
(3-Day)
Premier Walkabout
348 398 13%
Zone 4 Walkabout 168 188 11%
# Approximate variance has been rounded to the nearest whole number.