Singapore unlikely to extend F1 race deal


Nico Rosberg of Germany in the lead during the 2016 Formula One Singapore Airlines Singapore Grand Prix at the Marina Bay Street Circuit on Sept 18, 2016. - AFP

MIAMI (Florida): Formula One supremo Bernie Ecclestone has hinted that Singapore Grand Prix chiefs no longer want to hold an F1 race, reported Motorsport.com

There has been speculation for several months on whether Singapore is renewing its current contract, which runs out after next year's race. However, in an interview with German publication Auto Motor Und Sport published Sunday, Ecclestone said that his belief was that Singapore was not going to extend its race deal.

The 86-year-old Briton added: "Look at what we have done for Singapore. Yes, the Grand Prix has cost Singapore a lot of money, but we've also given them a lot of money.

"Singapore was suddenly more than just an airport to fly to or from somewhere. Now they believe they have reached their goal and they do not want a grand prix any more."

A Singapore GP spokesman said last night that it does not comment on ongoing negotiations.

Ecclestone also said in his interview that he would not be surprised if some of the current manufacturers - including world champion Mercedes - quit in the next few years. "It could happen to us that Mercedes and Ferrari run away," he said. "But honestly, if the races get better, this may not be such a terrible vision."   

He added: "Mercedes will retire on the day when it suits them and it's something we had before.

"Look at Honda, BMW and Toyota. They go when Formula One has done the job for them. There is no gratitude."

The doubts about the long-term future of the Singapore GP come amid serious question marks about both the German and Brazilian Grands Prix during the 2016 season, which will end this weekend with the Abu Dhabi Grand Prix.

Speaking about the races that have not yet been confirmed next season, Ecclestone said: "We do our best to keep Canada on the calendar. In Brazil, we try the same, even if it is difficult.

"We cannot subsidise the race in Germany if we do not do the same with other races in Europe."  - The Straits Times/Asia News Network


 

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Regional

Ministry optimistic 'Buy Malaysian Goods Campaign' sales will grow 2.5% this year
Ringgit eases further as risk-off mode remains after Fed’s minutes
Speaker: Sarawak prepared to increase state legislative assembly seats
Improvements in the works for NCER to attract more investors, says PM
Cheaper chicken in KL soon with 90sen drop per kg, says FT Minister
Bursa Malaysia ends lower for second consecutive day
Unification Church members accuse Japanese media of bias over Abe killing
Najib's 'many hats' enabled him to commit SRC offences, Federal Court hears
Najib's final SRC appeal: Defence says will be filing fresh submissions if adjournment granted
China regulator probes banks' property loan portfolio - sources

Others Also Read