| Year | Cost (SGD M) | Additional TourismRevenue(SGD M) | Profit/ Loss(SGD M) | Margin over Costs (%) |
| 2008 | 150 | 168 | 18 | 12 |
| 2009 | 150 | 93 | -57 | -38.00% |
| 2010 | 150 | 160 | 10 | 6.67 |
| Totals | 450 | 421 | -29 | -19.33 |
(Click the headline to see full table if you are reading from the Home page.) (Cost and revenue numbers taken from BBC link below.)
Note: As much as 60% of the S$150m a year is being invested by the Singapore government through the Singapore Tourism Board (STB) in a bid to attract more visitors here,
Any wonder why “intangible rewards” matter. http://www.bbc.co.uk/news/business-15015158
But shouldn’t intagible costs be taken into consideration.
Just look around. Who else is going after F1?
I’ll be watching at home. Make no mistake, the money is spent to kick off MBS, RWS as well as Sentosa Cove, you know, marketing Singapore as the Playground of the Rich, ala Monaco of the East (Coincidentally, both are ruled by a Prince). Bets are off for further gov funding if it is not self-sustaining.