ipl-logo

Formula 1: The Benefits Of Formula One

746 Words3 Pages

Over the years, several countries have been competing vigorously for the rights to hold mega-sporting events such as Olympic Games, FIFA World Cup, and Formula One (Barclay, 2009). Singapore first hosted Formula One race in 2008 which aims to boost tourism and promote Singapore as a global sports and entertainment tourist destination. The only night race jam-packed with entertainment saw its highest attendees of 100, 000 at the inaugural race, with second highest attendance of 87,500 in 2013 and third highest attendance of 86,970 in its eight year (AsiaOne, 2015). However, the financial costs involved are high and considerable preparations were required. According to Iswaran (2012), the benefits are expected to sustain while costs to decrease subsequently. There has been a debate on whether benefits of hosting Formula One will outweigh its financial costs in the long run. This essay will discuss how the benefits will outweigh financial costs in the long run. Formula One had positively impacted tourism sector with the increase in tourist arrivals which boost tourism in Singapore. According to Malfas, Theodoraki and Houlihan (2004), the vital reason for a country to host a mega-sporting event is the potential positive impacts of the event on its economy. Reaping an estimated amount of S$100 million each year with over 250, 000 international visitors since its inaugural race in 2008, Formula One is a major contributor to incremental tourism receipts in Singapore (The Straits

Show More
Related

  • Jimmie Bowman Case Study

    362 Words  | 2 Pages

    Jimmie Bowman was seen in followup for CIDP, causing previous weakness and numbness of his distal lower extremities. He states that the strength of his distal lower extremities [____] continues improved and is staying normal. He has occasional mild feeling of numbness of his feet, but states this is staying down to what he can tolerate. He is not having pain of his feet. He is no longer on Imuran.

    Read More

  • The Role Of Courtney Force In The Fans Of 1980s NASCAR

    1065 Words  | 5 Pages

    While motorsports worldwide appears to be dominated by men, over the years, there have been several women who have taken on the boy’s club in the pits. Today the names of Danica Patrick and Courtney Force are familiar names to even the most casual viewer. However, just because Danica is a NASCAR regular and Courtney does burnouts on the NHRA tracks, does not mean that women have always found their way to the finish line. Fans of 1980s NASCAR may remember Shawna Roberts or Patty Moise, but neither woman made it much further than the lower tiers of the sport.

    Read More

  • Rhetorical Analysis Of Drifting As A Rising Sport

    1197 Words  | 5 Pages

    Rhetorical Analysis: Drifting as a Rising Sport Aristotle himself would be proud of Ryan Duval’s “Dialogue and Argument Project.” It starts off one morning with the smell of bacon in the air, Ryan and his father Steve flip through channels on the tv and stumble across a car drifting channel. Ryan is fascinated by it but Steve thinks it’s dumb and wonders how they even judge it. Ryan then explains that once you understand how the sport works, it no longer looks dumb. Steve then complies and asks Ryan to find more drifting videos so he can try to understand the sport.

    Read More

  • The Art Of Racing In The Rain Essay

    1075 Words  | 5 Pages

    Throughout the last two weeks, I have been reading Patrick Ness’ Monsters of Men and Garth stein’s The Art of Racing in the Rain. I had 478 pages left of Monsters of Men and I finished that book. I am currently on page 122 of The Art of Racing in the Rain. Monsters of Men was about the battle between Spackle and the people. There were two groups of people that were also against each other but they decided that they had to join forces because one group did not have food and the other group did not have water because the Spackle destroyed their supply of it.

    Read More

  • Alex Alonso's Overcoming Bias

    332 Words  | 2 Pages

    Alex Alonso talks about something very personal in his article “Overcoming Bias: A Personal Statement.” Coming from Latino roots, he has found himself a victim to bias. Bias, (according to the Glossary, The SHRM Body of Competency and Knowledge, 2017) is conscious or unconscious beliefs that influence a person’s perceptions or actions, which may cause that person to become partial or prejudiced. A past professor of his offered him and his high school peers some words of wisdom; “A mind made noble leads a noble life.” This piece of advice has consoled Alonso for years.

    Read More

  • The Art Of Racing In The Rain Analysis

    1399 Words  | 6 Pages

    Introduction Garth Stein, author of the renowned The Art of Racing in the Rain has a capacity to engage readers from the beginning to the end of each novel. One might ask how what his writing is so appealing; numerous people believe that great novels are because of the who the author is as a person. However, the author has to allow the characters to take on their own personalities; the characters are very much different from the author in truly iconic novels. Garth Stein certainly subscribes to this idea, as he is known for his stories that seem authentic and natural, driven by his original characters, rather than characters based off of himself.

    Read More

  • The Race Beat Summary

    1363 Words  | 6 Pages

    The winner of the Pulitzer Prize in 2007, The Race Beat, was a novel written by Gene Roberts and Hank Klibanoff; who were both American journalists and editors. The Race Beat was written based on the time period of the Civil Rights Movement. The centralized idea of this novel was to show how racism was finally brought forth and acknowledged as a whole from the nation. This idea was presented from both televised media and printed media. The way The Race Beat was organized was through a bunch of collected interviews, unpublished articles, notes from secret meetings, and even private correspondences.

    Read More

  • The Negative Consequences Of Horse Racing

    371 Words  | 2 Pages

    Horse racing is a highly controversial topic in the equestrian world. Many people find horse racing as a great form of entertainment, while others see it as borderline abusive to the horse. Personally, I agree with the latter statement. Racehorses typically start their training at just 1 year old.

    Read More

  • Symbolism In The Art Of Racing In The Rain

    1280 Words  | 6 Pages

    The Art of Racing in the Rain by Garth Stein features the use of symbolism in the form of a zebra. Symbolism is the application of a concrete object to represent an abstract idea or feeling, in this case being a zebra (whether it be plush or within a pen) representing the worst in all of us in our worst of times. This is shown throughout the story, all the way from the hallucination that Enzo experiences from food deprivation, to Annika’s assault on Denny, to Denny’s reluctant agreement to Trish and Maxwell’s custody settlement. To begin, the zebra is introduced as a beloved stuffed animal of Denny’s daughter, Zoё, which was given to her by her paternal grandparents. Despite its seemingly strange inclusion at first glance, this striped playmate

    Read More

  • Racing In The Rain Analysis

    858 Words  | 4 Pages

    The Art of Racing in the Rain Analysis “I know this much about racing in the rain. I know it is about balance. It is about anticipation and patience.” (Stein 314). The Art of Racing in the Rain answers many different questions about what it truly means to be a good human being and live a well-balanced life.

    Read More

  • The Pros And Cons Of Competition In Sports

    841 Words  | 4 Pages

    The turf is lit up by the blazing sun. A crowd of parents and family fill the bleachers with cheers in their mouths. The play starts. All the players form a perfect positioning and hand off the ball. Going going gone.

    Read More

  • Olympic Games A Waste Of Money

    771 Words  | 4 Pages

    Are major sporting events like the Olympic Games a waste of money? Are the Olympic Games a waste of money? The Olympic Games are an international event where athletes from every country come together to compete. Many fans and spectators attend this event to cheer for their country. The number of spectators keeps on increasing every four years as the event gets more popular.

    Read More

  • Economic Impact Of The Olympic Games Essay

    919 Words  | 4 Pages

    A Critical Analysis of the Socioeconomic Impact of The Olympic Games Introduction: The Olympic Games are one of the best examples of a global sporting mega-event. It is often stated that the hosting of the Olympic Games bring about many benefits to the host country, and some countries make huge efforts to bid for hosting the Olympic Games. However, in recent years, countries are not as willing to bid for the chance to host the Olympics, and this occurs as people continue to debate the exact impacts of the Olympic Games. So what exactly are the economic and social impacts of the Olympic Games?

    Read More

  • Informative Essay On Car Racing

    1073 Words  | 5 Pages

    About motor sports in general: Motorsports is one of the biggest sports in the world and it is known worldwide. The events of motorsports are using motorized vehicles whether it was cars or motorcycles. Motorsports doesn’t mean racing, but the most famous type of motorsports is racing. There are also various types of racing like car racing, motorcycle racing and boat racing. The most famous type of racing is car racing so let’s take a deeper look into it.

    Read More

  • The Importance Of Money In Sports

    3478 Words  | 14 Pages

    What is the Relationship Between the Amount of Money a Team is Able to Spend and Their Position in the English Premier League? Rationale For my mathematical exploration I decided to base it around the topic of sports. While looking for a topic, sport stood out to me, as it has been a passion of mine ever since I was younger. I have also never thought about the significance of mathematics in sport other than in player statistics.

    Read More

More about Formula 1: The Benefits Of Formula One

Open Document