Singapore Grand Prix extends Formula 1 until 2021

Terry Joseph
September 16, 2017

"The Singapore Grand Prix is a signature Formula 1 race and therefore we are very pleased that it will continue to feature on the calendar for a further four years", said Chase Carey, Chairman and CEO of F1.

This year is the 10th edition of the Singapore Grand Prix.

Singapore joined the schedule in 2008 as the sport's inaugural night race, and in 2012 penned an extension through to 2017.

Speaking at the event, he said: "We haven't concluded a deal yet, but we're having positive discussions and it is certainly our goal to try and reach a deal that works for both of us". In next three to four years, we can take the sport to a place that is good for all our partners and really adds new level of excitement and dimension to the sport.

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SINGAPORE will remain for four years on the Formula 1 calendar until 2021, it was announced on Friday. "But there are places around the world that present us with great opportunities for us to grow the sport overtime and certainly a country like India with the success and the growth it has had in recent years, makes it an exciting opportunity down the road".

India now has two years remaining on its original five-year contract, but it is becoming increasingly hard to accommodate new races on the ever-increasing F1 calendar.

S. Iswaran, Minister of Singapore's Trade and Industry, said that the F1 Singapore Grand Prix has made significant revenue for the country's economy as well as motorsport's franchise.

Ferrari's Sebastian Vettel arrives for practice at the Marina Bay Street Circuit in Singapore this week.

Other reports by Free-Prsite

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