Cost and benefits of sports events tourism: The case of the Singapore Grand Prix

Abstract

Purpose

This paper aims to review the latest management development across the globe and pinpoint practical implications from cutting‐edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Sports events should complement, and not disturb, other forms of tourism. Sports tourism has been defined as a “social, economic and cultural phenomenon arising from unique interactions of activity, people and place.” Globalization has facilitated this growing trend. As a new discipline of research, sport event tourism raises a few questions: what are its inherent challenges and critical success factors? This study explores the case of the Singapore Grand Prix and its outcome on the economy, society and the environment.

Practical implications

The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.

Originality/value

The briefing saves busy executives and researchers' hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.

Citation

(2010), "Cost and benefits of sports events tourism: The case of the Singapore Grand Prix", Strategic Direction, Vol. 26 No. 8, pp. 9-11. https://doi.org/10.1108/02580541011055652