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New hospitality packages snapped up as corporates splurge on F1

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Michelle Zhu &

Corinne Kerk

Published Tue, Sep 27, 2022 · 12:40 PM
    • Before the new packages were released, corporates had already been shelling out thousands for a spot at the upcoming F1 weekend from Sep 30 to Oct 2.
    • Before the new packages were released, corporates had already been shelling out thousands for a spot at the upcoming F1 weekend from Sep 30 to Oct 2. PHOTO: BT FILE

    DEMAND for hospitality packages at this year’s Singapore Airlines Singapore Grand Prix Formula 1 (F1) has been so hot that 2 additional hospitality packages were launched and almost instantly sold, The Business Times (BT) understands. 

    This comes after event organiser Singapore GP on Apr 13 reported that 3-day grandstand and combination tickets were all sold out within 6 hours of their release, and that all 6 of the hospitality packages initially launched were fully taken up “due to the overwhelming demand”.

    “We have seen particularly strong interest from companies in the financial, automotive, IT, construction, MICE, and oil and gas industries this year,” a Singapore GP spokesperson told BT.

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