user icon

Still no new Singapore GP deal for 2013

  • Published on 10 Jul 2012 08:58
  • comments 0
  • By: Rob Veenstra
Singapore is yet to ink a contract to continue hosting formula one beyond 2012. We reported earlier this year that, despite Bernie Ecclestone hand-picking the city-state as the location of the sport's public floatation, Singapore officials are no longer willing to pay "top dollar" for the race.

The reports said the government has been paying a sanctioning fee of about $40 million per year -- "roughly twice" the amount paid by another Asian race, Malaysia. Now, Channel NewsAsia is reporting that the government has told the street circuit's promoter Singapore GP that it will only extend the deal if a new contract is "economically viable". "We hope to see a mutually agreeable outcome soon," said trade minister S Iswaran.

With a five-year contract, Singapore hosted its first grand prix - the first for F1 under floodlights - in 2008. (GMM)

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BE Grand Prix of Belgium

Local time 

Related news

World Championship standings 2022

Show full world champion standings

Test calendar

See full test schedule

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2022

Date
Grand Prix
Circuit
-
Spain
-
Bahrain
18 - Mar 20
Bahrain
25 - Mar 27
Saudi Arabia
8 - Apr 10
Australia
22 - Apr 24
Italy
6 - May 8
United States of America
20 - May 22
Spain
27 - May 29
Monaco
10 - Jun 12
Azerbaijan
17 - Jun 19
Canada
1 - Jul 3
United Kingdom
8 - Jul 10
Austria
22 - Jul 24
France
29 - Jul 31
Hungary
See full schedule

Formula 1 Calendar - 2022

Date
Grand Prix & Circuit
18 - Mar 20
25 - Mar 27
Saudi Arabia Jeddah Street Circuit
8 - Apr 10
Australia Albert Park
22 - Apr 24
6 - May 8
United States of America Miami International Autodrome
20 - May 22
27 - May 29
Monaco Monte Carlo
10 - Jun 12
Azerbaijan Baku City Circuit
17 - Jun 19
1 - Jul 3
United Kingdom Silverstone
8 - Jul 10
Austria Red Bull Ring
22 - Jul 24
France Paul Ricard
29 - Jul 31
Hungary Hungaroring
See full schedule
show sidebar