However at least five companies will make a bid for the Changi Motorsports Hub, if it is up for tender again, as long as there is less rigidity in the terms stipulated to help them manage costs.
Singapore Agro Agriculture (SAA) and Haw Par Corporation, the two bidders who lost out to SG Changi in the first tender exercise in March last year, and Exklusive Group and SUTL Group, who both backed out at the eleventh hour, are keen for a new tender.
According to the parties mentioned, the biggest stumbling block is the stipulation by the SSC that the winning operators stage at least two international races and as many national races in a year.
A fifth group have asked to remain anonymous.
ORIGINAL SOURCE
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