F1 Enthusiast Bidded $30K for Hotel Room

An F1 enthusiast has paid a reported sum of $30,000 SGD for a hotel room in Pan Pacific Hotel during a charity auction.

The charity event, which was attended by Senior Minister Goh Chok Tong and his wife among the 500 guests, was the Assisi Hospice's Light-a-Heart charity dinner.

The unnamed bidder would be staying in the trackside hotel, which offers a prime view of the circuit just as the cars zip across the stretch at the speed of more than 300kmh, from 26th September to 28th September.

The trackside hotels in Singapore will be levied with a heavy tax of 30 percent during the event, and according to industry observer Noel Hawkes, the room cost will triple the normal rate during F1 races in other cities.