The F1 Grand Prix: Environmental bane, Economic boon?

The Formula 1 race has its fair share of both fans and distractors but it may be generally said that whilst it is an Environmental bane, it also spells an Economic boon for its hosts, organisers and sponsors.?

After an absence due COVID-19 of 2 years, the Singapore Grand Prix returned with a record-breaking 302,000 spectators for the final race, with Transport Minister S Iswaran indicating?about half of those?attending were international visitors while the rest were based locally.?

Whilst the claims and aims of Sustainability by race organisers have been controversial, what is noteworthy are the intentions and efforts to reduce the massive carbon footprint of an event that sustains livelihoods, motivates millions and brings tangible economic benefits to host nations for emissions that were previously unheeded and unmitigated. ?

Interesting related future developments would be the confluence of F1 with Formula-E, and if and how this could help reduce?further the?carbon footprint whilst keeping its mood and energy of an event whose lesser-known?benefit is actually to test and improve on automotive technology.?And possibly a Formula H one day even, with innovations in hydrogen-fuelled vehicles?in progress, and predicted by F1 boss Ross Brawn himself.?

And for the record, Congratulations to Sergio Perez for winning the Singapore Grand Prix 2022.

#SingaporeGP? #PassionMadePossible?#Singapore

Some helpful links below:

https://www.channelnewsasia.com/sport/f1-singapore-grand-prix-records-highest-attendance-races-13-year-history-2980631

https://www.straitstimes.com/singapore/environment/more-green-initiatives-at-singapore-gp-to-reduce-carbon-footprint-of-f1-race

https://www.channelnewsasia.com/singapore/f1-singapore-gp-sustainability-recyclable-fertiliser-2976826

https://www.eco-business.com/news/are-singapore-formula-one-grand-prix-green-claims-glossing-over-huge-carbon-footprint/

https://www.mti.gov.sg/Newsroom/Parliamentary-Replies/2022/02/Written-reply-to-PQs-for-on-F1

https://www.bbc.com/sport/formula1/57842205

https://eresources.nlb.gov.sg/infopedia/articles/SIP_1392_2009-11-19.html

https://www.channelnewsasia.com/singapore/big-read-fans-businesses-primed-and-eager-f1-post-pandemic-comeback-2945696

https://afdc.energy.gov/vehicles/fuel_cell.html#:~:text=Fuel%20cell%20electric%20vehicles%20(FCEVs,water%20vapor%20and%20warm%20air.

Thanks to Mediacorp Pte Ltd and DirectAsia Insurance for the LIVE broadcast, and to the known sponsors and stakeholders below:

Singapore Tourism Board 新加坡航空 aramco Crypto.com DHL Emirates 喜力 MSC Cruises Pirelli ROLEX Salesforce Amazon Web Services (AWS) BWT MAROC Ferrari 联想 Tanoussca LiquiMoly Zoom Workday BBS Motorsport GmbH AlphaTauri Drive Coffee Tata Group CYDERES Fanatec INEOS Automotive Red Bull ORACLE FINANCIAL SERVICES SOFTWARE LIMITED PETRONAS Mercedes-AMG PETRONAS Formula One Team McLaren Racing Alpine 高知特 Cognizant Williams Racing Alfa Romeo ORLEN S.A. MoneyGram Haas F1 Team 喜力 Richard Mille Snapdragon Qualcomm 壳牌 Estrella Galicia Binance 高盛 Velas Bybit Fintech Limited 谷歌 HP Poly ORLEN S.A.