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F1 may turbocharge SGX and S-REITs

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam • 4 min read
F1 may turbocharge SGX and S-REITs
Chase Carey, CEO of the Formula 1 since 2017, had a new vision for the sport. Photo: Bloomberg
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Christmas comes early to Singapore this year. The streets around the Padang are lined with barricades.

This has been done to create a smooth flow for the Formula One (F1) drivers this weekend. Racing cars will not be the only thing that is flowing in Singapore. The privileged few that are attending the F1 events are guzzling champagne. There is conference hyperinflation in this city. These include events like the Milken Event and the Asian Family Office Summit.

There is an explosion of entertainment in the evenings. Revellers from around the world are dancing into the humid night. Nearly 300,000 will line the streets to watch the concerts.

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