But if you want a first-person view of the tarmac and glamour, get ready to pay up. Here’s how much it’ll cost you to party big during F1 weekend in Singapore.

Race tickets: US$70-USS$7,000

Prices for single-day general admission tickets vary across the weekend.

Ticket prices start at S$98 (US$70) for the practice race on Friday and go as high as S$988 for the race on Sunday. Three-day tickets will set you back as much as S$1,288.

There are also three-day hospitality packages, which include free-flow drinks and access to viewing galleries for prices ranging from S$1,605 to S$9,898.

The most expensive Formula 1 Paddock Club – lets attendees watch the race from an air-conditioned suite above the pit garages. They also get access to walk down the pit lane and check out the cars and the race crew.

Concert tickets? Buy a race ticket first …

The F1 concert line-up this year includes Westlife, Green Day and Marshmello. Want to watch the show? Sorry, to enter the concert, you’ll need to have tickets to the race first.

A top hotel? US$1,200 or more a night …

The Marina Bay Street Circuit is surrounded by some of the largest hotels in the city.

But, as of September 16, rooms in Pan Pacific Singapore, the Ritz-Carlton Millenia Singapore, and the Fullerton Hotel Singapore were completely sold out from September 30 to October 3.

A representative for the Ritz-Carlton Millenia Singapore said that room prices during the F1 weekend were around S$1,700 (US$1,200) to S$2,000 per night. In contrast, rooms on a non-F1 weekend at the Ritz start from S$650 a night, per the hotel’s website.

At the time of research there were still rooms available at Parkroyal Collection Marina Bay hotel, where the Singapore Night Race track view package costs S$2,500 per night.

Hotel room rates in Singapore are almost reaching a 10-year high, based on data from the Singapore Tourism Board. In July, the average room cost was S$259 – the highest since prices peaked at S$261.66 a decade ago in September 2012.

Rooms at the Fullerton Hotel Singapore are completely sold out for F1 weekend.

Big-name parties: Upwards of US$55

Of course, the party does not end when the race ends.

Amber Lounge is one of Singapore’s biggest F1 after-parties, a touring club also held after the races in Monaco and Abu Dhabi. This year’s party will be held at The Fullerton Bay Hotel and touts “immersive theatrical cabaret”, “cirque-themed performances” … and lots of champagne.

Entry passes for the party cost between S$800 (US$567) and S$1,200. Groups of 10 who are looking to party in a VIP suite and have S$45,000 (US$32,000) to burn can buy a package that includes vodka, caviar, and yes, champagne.

Marquee Singapore, a nightclub at the Marina Bay Sands, or MBS, is celebrating race weekend with star DJ Steve Aoki on September 30 and Afrojack on October 1. General admission tickets start from S$80 (US$56), while express entry tickets start from S$250.

There’s also the Mandala Weekender party happening at the MBS convention centre for all three nights of the race weekend. The party costs upwards of S$148 a head and features artists such as Kelis, Rae Sremmurd and Rudimental.

Special F1-related food deals: upwards of S$200

Restaurants around the city are catching F1 fever, too.

Perched 57 stories above the ground, right at the top of the iconic MBS, is Cé La Vi Singapore. The rooftop restaurant opens up to views of the city state on one side and the open sea on the other. It offers a four-course F1 set menu – for S$300, you can feast on dishes like Boston lobster and Japanese king crab.

Lavo, an Italian restaurant also on the MBS rooftop, is holding a Race Weekend Party Brunch. For S$248, diners get to enjoy their food with free-flow drinks while Swiss DJ Gil Glaze spins beats.

Alternatively, diners can indulge in some French food over at La Brasserie’s Winning Formula Brunch, which costs S$238 with free-flow champagne and house wines.