LKY regretted not having a F1 CourseApril 2005 - Lee Kuan Yew (LKY) regretted not having built a Formula One racing course that would have generated mega-bucks for the local economy. He said that we made a mistake in not building a Formula One course. LKY is Singapore Prime Minister for 30 years until he stepped down in 1990. He was quoted as saying "I think I was dim witted then." LKY said he could not understand the allure of Formula One Grand Prix events but saw that hosting these races brought along economic spin-offs to the host countries. In is words... "Driving around and it goes into the pits and they change the tyres and they rev out... makes no sense to me." He went to you say "But I learnt a lesson and I'm telling my younger chaps, look, pay attention to all this, this is what will make Singapore buzz."
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