Singapore Grand Prix's future not yet guaranteed

Singapore's future place on the Formula 1 calendar remains up in the air, with circuit chiefs suggesting there is no guarantee a fresh deal will be sorted

Singapore Grand Prix's future not yet guaranteed

The race organisers and Bernie Ecclestone have been locked in negotiations for several months now trying to thrash out a fresh five-year deal - but there are disagreements about the size of the race fee.

Ecclestone has traditionally been eager for fees to increase, but amid a worldwide financial slowdown a number of events have requested that costs are reduced, and Singapore is no exception.

A claim by Ecclestone earlier this year that the matter had been resolved was strongly denied by Singapore organisers, who said that the terms being offered did not make the event commercially viable.

A statement said: "What is presently on offer from Formula One Administration is insufficient for us to commit to a full five-year extension."

Talks are expected to continue over this weekend's Singapore GP, and senior management figures are reluctant to expand on the situation until progress has been made.

However, a statement from the Singapore organisers suggested that a renewal was only 'possible' - which casts fresh doubts on the long-term future of the event.

"We are in the process of negotiating a possible renewal of the agreement and the outcome will be announced once discussions are complete," said the statement.

It is understood that although the original five-year deal for the race runs out after this year's event, there remain clauses in the contract that means the grand prix will likely take place until 2014 even if no contract beyond then is agreed.

Ecclestone is expected to make a statement about the race's future on Saturday.

Singapore was a part of the provisional 2013 calendar that was issued to teams this weekend, but was marked down as one of several events that was subject to confirmation.

shares
comments
Singapore GP: Sebastian Vettel sets the pace in opening practice

Previous article

Singapore GP: Sebastian Vettel sets the pace in opening practice

Next article

Mika Hakkinen: A Finn still flying

Mika Hakkinen: A Finn still flying
Load comments

About this article

Series Formula 1
Author Jonathan Noble
Why sustainability is being mandated by F1 Plus

Why sustainability is being mandated by F1

Continuing to be socially acceptable as public views shift globally is vitally important to the future of motor racing, says PAT SYMONDS - especially in Formula 1, the championship that represents the technological peak

The Barcelona practice times that prove Red Bull's title credentials, and heap pressure on Verstappen Plus

The Barcelona practice times that prove Red Bull's title credentials, and heap pressure on Verstappen

Lewis Hamilton and Mercedes led the way in Friday practice for the 2021 Spanish Grand Prix, but there was one big encouraging sign for Red Bull. The trouble is, it looks like making good on that gain will require its superstar driver to avoid repeating a mistake made today that left him well down the FP2 order

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place Plus

Why McLaren doesn’t doubt Ricciardo can escape his ‘dark’ place

Three points finishes from as many starts represents a decent opening innings on paper, but Daniel Ricciardo has endured a tough start to his McLaren career - only magnified his team-mate's excellent form. Yet both he and the team have good reason to expect a turnaround soon

Formula 1
May 6, 2021
What needs to “change” for Red Bull is ending Verstappen’s errors Plus

What needs to “change” for Red Bull is ending Verstappen’s errors

OPINION: Going up against the dominant force of Mercedes and Lewis Hamilton was always going to demand the best from Red Bull and Max Verstappen. But after making a couple more errors during the Portuguese Grand Prix, the Dutch driver showed there's a small gap he still needs to close in the 2021 Formula 1 title fight

Formula 1
May 5, 2021
The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix Plus

The "subtle" Red Bull upgrades that kept it in the Portugal F1 mix

Red Bull's Portuguese Grand Prix fortunes were decidedly second best to Mercedes', but the result skews the potential that the team had at Portimao. With a new set of updates, the team looks good going forward into the rest of 2021's spicy F1 competition

Formula 1
May 3, 2021
Portuguese Grand Prix Driver Ratings Plus

Portuguese Grand Prix Driver Ratings

The 2021 Portuguese GP will for several drivers go down as a weekend of missed opportunities amid imperfect track conditions that caused struggles with tyre warmup. But the performances of a select few stood out from the crowd

Formula 1
May 3, 2021
How Hamilton took a “completely different journey” to Portugal victory Plus

How Hamilton took a “completely different journey” to Portugal victory

Just as he did in 2020, Lewis Hamilton had to come from behind to win the 2021 Portuguese Grand Prix. Only this time there were two rivals he had to pass, among the several challenges he had to overcome, on his way to securing a 97th grand prix victory

Formula 1
May 3, 2021
The ‘big fish’ mentality that kept an Australian legend winning Plus

The ‘big fish’ mentality that kept an Australian legend winning

Frank Gardner was the veteran of just eight grand prix starts. It could have been more, but why waste his talent if the cars weren't up to it? NIGEL ROEBUCK recalls the life of one of racing's great characters

Formula 1
May 2, 2021