F1 signs new long-term deal with Singapore
F1 signs new long-term deal with Singapore
The organisers of the Singapore Grand Prix have signed a new long-term deal with F1 that keeps the race on the calendar through to 2028.
The Marina Bay Street Circuit event was thought to be one of the races most under threat from an ever-expanding F1 calendar as new venues come to the fore.
But the seven-year deal is proof Singapore is firmly committed to the sport.
F1 CEO Stefano Domenicali said: “I am delighted that Formula 1 will continue to race in Singapore for another seven years.
“The Marina Bay Street Circuit hosted the first night race in F1 history in 2008, and Singapore has continued to thrill fans, teams, and drivers ever since.
“Singapore holds a special place on the F1 calendar, and this extension is part of our long-term commitment to continue to grow the sport in Asia.
“The plans that are in place to reduce the carbon footprint of the event are impressive and align with our plans to be Net Zero Carbon as a sport by 2030 and I look forward to continuing our successful relationship with Singapore GP and the Singapore Tourism Board as Formula 1 returns to this incredible city.”
The race returns to the calendar this year after a two-season absence due to the Covid pandemic.
Looking ahead to the race’s long-term future, promoter Mr Ong Beng Seng said: “We are very pleased that the night race will continue for seven more years.
“After more than a decade of celebrating this spectacular event on the racing calendar, we are looking forward to building on its success and working with Formula 1 as well as its partners to take the night race to greater heights.
“We are delighted that this marquee event will demonstrate how Singapore is open for business. We look forward to welcoming both local and overseas fans and visitors to the Marina Bay Street Circuit once again.”
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