Singapore Grand Prix faces threat from Thailand, China
F1 seeks greener pastures elsewhere
- 14 Sep 2017 at 18:13
- WRITER: TODAY
A man walks near decorations for the Singapore Formula One Grand Prix in Singapore on Wednesday. (EPA-EFE photo)
SINGAPORE: For most, a 10th anniversary is an occasion fit for celebration but, for the 2017 Formula One (F1) Singapore Grand Prix, festivities for this milestone are muted amid a future shrouded in uncertainty.
The world’s first and only night street race is entering the final leg of its five-year contract inked in 2012, with officials keeping mum for months on the progress of negotiations, TODAY reported on Thursday. No one can be sure if an extension is forthcoming, it added.
Responding to TODAY’s queries last week, the organisers of the Singapore GP said they are still in talks with new F1 owners Liberty Media over contract extensions, and “they do not comment on ongoing commercial negotiations”.