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Friday, September 28, 2012

S'pore GP: Full disclosure, please



 
I AM dismayed that Singapore has committed itself
to a further five years of Formula One
("Five more years for S'pore race", Sunday; and
 "F1 'to bring bigger benefits' in next lap", Tuesday).
 
Hosting F1 in Singapore will appear much less triumphal
once its true economic and social costs are weighed
against a realistic assessment of "incremental receipts".
 
 

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