Formula One: Malaysian GP or Singaporean GP?

I am not a person with interest in formula one race. I always get bored with the live telecast of any GP in Malaysian TV (RTM namely) and always curse Malaysian Information Ministry for wasting time showing such events. I don’t know if they are having good ratting for such events or gaining good revenue. Anyhow, the reasons why I don’t like the game are:-

• I get fed-up seeing "Mat Rempit" race on Malaysian road. "Mat Rempit" is a famous calling for Malaysian night illegal road racers. The sounds always disturb me! Can't stand with it anymore!
• Not anyone can play the game except F1 video game! How to get interest of the game if you yourself cannot play it? I don’t even know its rule!
• Why should there be sexy girls showcasing their body before the game starts? To stimulate the driver? No wonder "Mat Rempit" also using the same style!
• Sound pollution - Al Gore need to take note of this in his documentary "An Inconvenient Truth V2.0"

But recently I saw news reports saying Singapore is going to have its own version of formula one GP. In Singaporean version, the race will not be on a dedicated F1 circuit, but rather on public road and will be at night. To me, the main question is why Singapore is eager to have F1? Could these be the possibilities?

• Singapore found that Malaysian "Mat Rempits" are glamorous. However, to save their face, they would like to have something similar but done more professionally. That's why it will be F1 race held at night and on public road!
• Singapore, a country with low birth rate, wants to have more NIGHT life. The F1 sexy girls if seen on public road converted race circuit may stimulate roadside spectators as well as the drivers. The feasibility study may have shown projected higher birth rate. Soon, young Singaporean couples will be mandated to buy Singaporean F1 tickets.
• Singapore Govt has changed its foreign policy to "Look North" policy. This will allow Singapore to copy whatever Malaysia (Singapore's North neighbour) is doing.
• Tit-for-tat action for Malaysia's aim to attract investors coming to Singapore to Johor's Iskandar Development Region (IDR). Since Singapore has labelled Johor as "not safe", it does not want to attract thieves from Johor. So, no choice, need to attract good people from Putrajaya, a place near to Sepang F1 Circuit.