Ticket prices drop for Korean Grand Prix

The Formula One Korean Grand Prix Organizing Committee said yesterday it will lower the ticket price for this year’s racing event.

The organizing committee held a grand launching ceremony for the 2012 Korean GP, which is scheduled for Oct. 12 to 14.

The organizer announced that the ticket classifications, currently divided into five classes (R, S, A, B, C), will be reduced to three (R, S, A), with the average ticket price dropping 30,000 won to 320,000 won ($282).

The organizers said they will also offer early bird discounts. Those who purchase a ticket until tomorrow will get 50 percent off the price. After tomorrow, 30 percent discounts will be applied until April 30, and a 20 percent discount is available until the end of May.

This year’s Korean GP will be better than last year in terms of accommodations and transportation, the organizers said.