Singapore to continue hosting Formula 1 Grand Prix until 2021
17 September 2017, 12:28 | Kristine Mills
Singapore Grand Prix organisers announced a four-year contract extension on Friday, guaranteeing the glittering night race until 2021. It remains the only circuit on the calendar to have featured a safety vehicle in all of its races, and the humid conditions in Singapore―as well as the lack of natural light―only add to the challenge.
Liberty Media had taken complete control of F1 in January, ending Bernie Ecclestones 40-year reign at the helm of affairs.
The Spaniard's future at McLaren was in the balance as he found himself in the 15th spot of the 2017 Driver Standings on just 10 points out of 13 races so far, reports Efe news agency. We have talked about the opportunity to grow the sport in Asia as well as the Americas.
The Singapore GP has generated 1.4 billion in Singapore dollars (about $1 billion or 870 million euros) over the past decade.
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The high down force characteristics of the tight and twisty Marina Bay street circuit suit Red Bull's package and Ricciardo says he expects to be challenging at the front on Sunday evening. During Ecclestone's tenure, contract negotiations were often hard for track owners struggling with rising costs and dwindling gates.
Meanwhile, Lionel Yeo, Chief Executive of the Singapore Tourism Board, stated that the race has provided an excellent platform for businesses to test bed new lifestyle initiatives and products.
Because it is a street circuit, like the iconic Monaco GP, the planning implications could be troublesome if any changes were made.
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