OK, now F1 is officially here for the next 5 years. Anyone has any thought on its impact, and which are the stocks that will benefit from this? Hotel Property?

I am still looking at my charts, but just wish to have a list of stock handy.

I don't see much *negative* impact on local stocks, correct me if I am wrong.

Here is the extract of an article by DMG which was posted by someone in CNA Market Talk (refer LINK for full details).

Published April 3, 2007

DMG highlights stocks that may benefit from hosting F1
Hospitality, retail, nightspots, construction sectors will gain
By JANICE HENG

WHILE speculation continues over Singapore's bid to host a Formula One (F1) motor race, analysts have begun looking at the implications. In a report released yesterday, the stockbroking firm DMG and Partners Securities highlighted stocks in sectors which they think will benefit - hospitality, retail, nightspots, accessories and gifts, construction and logistics, and transport.

DMG noted that hotel room rates 'are known to double and even triple in host cities during the event'. One expected beneficiary is Singapore Land, which owns an effective 26.5 per cent in three hotels along the proposed race route: the Pan Pacific, the Oriental Hotel and the Marina Mandarin.

Hotel Properties Ltd (HPL) and Overseas Union Enterprise (OUE) can offer lodging along the Orchard Road tourist belt, in the HPL-owned Hilton and Four Seasons hotels, and OUE's Meritus Mandarin.

Hotels on the city periphery - such as United Overseas Land's Hotel Plaza and Park Royal Hotel - will also benefit, while Koh Brothers' Changi Hotel and Oxford Hotel will welcome the budget-conscious.... ...