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Singapore may bid to host a Formula One Grand Prix race as part of ongoing efforts to boost tourism, a trade official said.
The chance that Singapore will host its first Formula One race next year looks remote because organisers and the government cannot agree on how to fund the US$70mil event, a local newspaper reported on Thursday.
Singapore's government will pick up 60 per cent of the estimated cost of holding a Grand Prix race but will in return get immeasurable benefits, a cabinet minister was quoted as saying yesterday.
Next year's Qatar Grand Prix will be the first MotoGP race to be held at night, officials said on Friday.
MANAMA (Reuters) - Formula One's old V8 engines were too noisy and the paying public - in Britain at least - is showing no signs of being turned off by the quieter new V6 turbos, F1 steward and former racer Derek Warwick said on Friday.
SINGAPORE (Reuters) - Formula One supremo Bernie Ecclestone has cast doubt over the future of the sport in Southeast Asia by telling a German magazine that Singapore no longer wants to host a grand prix after its current deal expires next year.