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The 2025 Singapore GP boosts tourism and economy but raises concerns over fairness and transparency amid corruption probe.
The 2025 Singapore Grand Prix, now in its 16th year and the world’s first night race, continues to drive significant economic activity, generating around S$130 million in annual net spend and supporting over 30,000 temporary jobs. The event boosts tourism, with hotels and airlines seeing strong demand, and travel platforms reporting a 90% year-on-year increase in flight bookings. Singapore Airlines and brands like Ferrari benefit from increased visibility and investor interest. While the race strengthens Singapore’s global profile and attracts over a billion viewers, concerns persist about equitable economic distribution, rising living costs, and transparency, especially following a corruption probe involving former minister S. Iswaran and billionaire Ong Beng Seng. Analysts emphasize long-term integration of the event into the local economy and its broader strategic impact on regional business and investment.