KrisFlyer Experiences launches 2024 Singapore F1 Grand Prix Sky Suites packages

For the past couple of years, KrisFlyer Experiences has been offering Sky Suites packages for the Singapore F1 Grand Prix, where guests can take in the sights and sounds of the race while enjoying gourmet food and wine. 

With the 2024 Grand Prix less than two months away, KrisFlyer Experiences has announced this year’s Sky Suites packages, which start from 140,000 miles with limited redemptions available.

Set against an unending horizon of speed, sound and lights, expect a multi-sensory experience at the FORMULA 1 SINGAPORE AIRLINES SINGAPORE GRAND PRIX 2024. Witness man and machine go wheel-to-wheel at the Marina Bay Street Circuit in the ultimate pursuit of speed from the ultra-exclusive Sky Suites at Pit Straight.

For the first time, KrisFlyer members will have the opportunity to catch the breathtaking view of cars accelerating down the Pit Straight at astonishing speed. Hold your breath as you witness the hustle in the team garages, set just opposite the suites, during every strategically planned pit-stop.

-KrisFlyer Experiences

I’ve been redeeming these for the past couple of years, but after discovering the Paddock Club via Marriott Bonvoy Moments, don’t think I’ll be pulling the trigger for a third year. Not that I have plans to return to the Paddock Club, mind you, but having experienced it, it’s hard to go back to Sky Suites, and the pricing (at least based on 2023’s bid results) is much more compelling.

❓ What is KrisFlyer Experiences?

KrisFlyer Experiences is SIA’s experience platform, allowing members to redeem KrisFlyer miles for money-can’t-buy activities like F1 Sky Suites, a chartered Points Plane to Langkawi, and a KrisFlyer-themed cruise to nowhere. KrisFlyer Experiences can be redeemed for the member or his/her friends and family.

Singapore Grand Prix F1 Sky Suite Package

KrisFlyer members can now redeem their miles for the following Singapore F1 Grand Prix packages: 

For comparison, here’s the 2022 and 2023 prices. 

As you can see, the race day packages have stayed the same, but prices for practice and qualification have been creeping upwards.

All KrisFlyer Experiences are non-refundable once redeemed, and members can redeem as many of each package as they wish, subject to availability.

Guests can look forward to a specially-curated “world-class menu”, and free-flow champagne (Taittinger Brut Reserve NV, based on last year) and drinks. Each evening also features a different line up of entertainment, headlined by:

• Friday, 20 September 2024: OneRepublic
• Saturday, 21 September 2024: Kylie Minogue
• Sunday, 22 September 2024: Lenny Kravitz

For your reference, here’s what the menu in the KrisFlyer suite looked like at 2022’s event.

10% miles back for KrisFlyer UOB cardholders

KrisFlyer UOB Credit and Debit cardholders will enjoy a 10% rebate on the miles required, as follows. Each package is capped at six redemptions, so act fast. 

They must use the special booking link for KrisFlyer UOB cardholders. The full amount of miles will be deducted initially, with the rebate credited by 31 December 2024.

You will not be able to take advantage of this option unless your KrisFlyer UOB Credit Card was linked to your KrisFlyer account before 30 June 2024.

The T&Cs of this offer can be found here.

Is it worth it?

While you can of course buy a Sky Suite with cash, all sessions have already been sold out for 2024. The prices for this year were:

• Friday, 20 September 2024 (Practice): S$2,050
• Saturday, 21 September 2024 (Qualifying): S$3,280
• Sunday, 22 September 2024 (Race): S$5,330

This would give you a value ranging from 1.46 to 1.73 cents per mile (1.63 to 1.92 cents if you’re a KrisFlyer UOB Cardholder). It’s not sensationally good value, but better than most on-ground redemptions anyway.

Last year my advice was to go for it, but that same year I managed to win a Marriott Bonvoy Moments auction for the Paddock Club on practice night for 440,000 points for two people.

Now, here’s the way I think about it: 440,000 Marriott Bonvoy points are the equivalent of 440,000 AMEX Membership Rewards points, which are the equivalent of 275,000 KrisFlyer miles.

Based on 2023’s prices, a KrisFlyer Experiences Sky Suite for two people on practice night would cost 260,000 KrisFlyer miles. For 15,000 more miles, I got the Paddock Club and all its caviar-fuelled glory. There’s just no contest here.

Of course, it’s very possible, likely even, that this year’s Bonvoy packages will go for higher prices because all Paddock Club packages now include hotel stays, but you can still consider the Sky Suite packages instead. Unless bids go beyond 416,000 points, they’d still be cheaper than KrisFlyer Experiences- though you will need AMEX Membership Rewards points to make it happen. 

Don’t get me wrong; there’s nothing wrong with Sky Suites at all. You’ll still have a great view of the track, amazing food, and a lovely evening. The food in the suite is so-so, but up on the Sky Terrace you have plenty of fine dining restaurants operating pop-up booths serving bite-sized portions of their greatest hits, all for free. 

Either way, you won’t be leaving hungry, or sober.

Conclusion

KrisFlyer Experiences has launched its Sky Suites packages for the 2024 Singapore F1 Grand Prix.

These are sure to get snapped up quickly, so make a decision quickly about whether you want to hop on board (and don’t forget to use the correct redemption link, if you’re a KrisFlyer UOB cardholder!)

Maybe Iswaran should have considered redeeming this instead, eh?