F1 Singapore - Singapore GP - Formula 1 Singapore

 

 

 

 

 

 

 

Tour Packages

 

2010 Grand Prix

Bahrain GP

Mar 14 - Sakhir

Australian GP

Mar 28 - Melbourne

Malaysian GP

Apr 4 - Sepang

Chinese GP

Apr 18 - Shanghai

Spanish GP

May 9 - Barcelona

Monaco GP

May 23 - Monte Carlo

Turkish GP

May 30 - Istanbul

Canadian GP

Jun 13 - Montreal

European GP

Jun 27 - Valencia

British GP

Jul 11 - Donington Park

German GP

Jul 25 - Hockenheim

Hungarian GP

Aug 1 - Budapest

Belgian GP

Aug 29 - Spa-Francorchamps

Italian GP

Sep 12 - Monza

Singaporean GP

Sep 26 - Singapore

Japanese GP

Oct 3 - Suzuka

South Korean GP

Oct 17 - Yongam

Abu Dhabi GP

Oct 31 - Yas Marina

Brazilian GP

Nov 14 - Interlagos

 

 

 

 

 

 

 

 

  F1 Singapore - Singapore F1 - GP Singapore - Singapore GP

 

 

F1 fans resell tickets online

21/09/09 - By: Crystal Chan - news.asiaone.com

LAST year, those who were desperate to snag tickets to the SingTel Singapore Grand Prix had to get them from online
touts, who sold the sold-out tickets at premiums of up to 20 per cent.

But if you go online this year, the ones who seem desperate are the ticket-holders themselves.

 

With slower demand for tickets, and just a week to go before the second night race here from 25 to 27 Sep, some ticket holders eager to offload their tickets have lowered their price of high-end tickets to $900. That is up to 40 per cent lower than race promoter Singapore Grand Prix's retail price of up to $3,628.

 

Out of more than 50 advertisements posted on sites like ST701 and eBay, as well as online forums at vr-zone.com and
singaporebikes.com, at least 36 sellers described their tickets as 'discounted', 'cheap' or 'below price'.

Most said they're selling their tickets because they can't attend the race, for one reason or another.

The situation contrasts with what happened last year, when some ticket-holders marked up the resale price.

Mr Michael Wong, 40, a marketing manager, said he posted an advertisement on eBay early this month, offering two Pit
Grandstand tickets at $900 each. The most expensive seats are those in the Green Room, which costs $3,628.

Within a week, someone bought his tickets.

The face value of Mr Wong's tickets is $1,488 each, meaning Mr Wong had sold them at a 40 per cent discount.

But he explained he had nothing to lose as the tickets were complimentary.

He said: 'I thought of going to the race with my wife. But I have to travel. We can't attend the race as I also bought a
plane ticket for my wife to accompany me.

'I felt the only way to attract buyers was to give discounts, especially when I read in the news that Singapore GP hasn't
sold out its tickets.'

Tickets to the race do not carry the buyer's name, meaning it is transferable.

Miss Janet Lee, 23, a student who bought Mr Wong's tickets, said: 'It's value for money as the tickets are for all three
days. If I bought tickets directly from Singapore GP, $900 can only buy a Connaught Grandstand ticket.

'There's a wow factor that comes with the Pit Grandstand as I'd get to see technicians working on the cars during the pit
stops.'

Others like Miss Belinda Koh, 30, a civil servant, were selling at a loss just to offload the tickets quickly.

She is offering a Padang Grandstand ticket, which normally costs $598, at $550.

She said she bought the tickets in May but could not attend as she received an invitation to a cousin's wedding last
month.

F1 fans who got their tickets from Singapore Grand Prix are unhappy.

Mrs Michelle Goh, 30, who paid $598 for a Padang Grandstand ticket when sales began in mid-April, said she should have waited.

She said: 'When I saw people selling their tickets for $550, I scolded myself for rushing to buy the tickets.

'Singapore GP should do something. It's unfair to people who bought tickets from the proper channels.'

Singapore GP told The New Paper that it is aware that some ticket holders are reselling their passes. The same thing
happened last year, when some people marked up the resale price.

Its spokesman said: 'We do allow reselling at face value. But if a reseller marks up the price, that's speculative and it
deprives real fans from watching the race.

'We recognise that people have legitimate reasons to resell their tickets. If you sell below the face value, that's not a
problem, because it doesn't deprive anyone of the chance to watch the race.'

Ticket sales have been slower this year because of the recession. Only 83,000 tickets were offered for sale compared to
100,000 last year.

Singapore GP's ticketing site showed that about 8,000 seats are still available in the grandstands, except for the
Esplanade Waterfront Grandstand.

Walkabout passes for all three days are sold out.

 

Related news:

 

y back to top

Copyright © 2007-2009 www.F1Singapore.com, All Rights Reserved Worldwide.