Singapore to continue hosting Formula 1 Grand Prix until 2021

Annette Crawford
September 17, 2017

The Formula 1 Singapore Grand Prix will be here until 2021, after Singapore's contract for the sport's only night race will be extended for another four years.

"India is a country that certainly has great potential and as we go forward, we will continue to study", the Press Trust of India quoted Carey as saying on the sidelines of this weekend's Singapore GP. "It's really our gateway into Asia, which is an incredible region to our future and our growth".

Liberty Media had taken complete control of F1 in January, ending Bernie Ecclestone's 40-year reign at the helm of affairs.

It will be extremely tough for India to find a way back on the ever-crowded F1 calendar with more countries showing interest in hosting the high-profile race. But Asian in general is tremendously important.

During the 90-minute race, "we will be seeing about 10 terrabytes of data float through the system, which makes it the biggest science project on the planet for that period of time, eclipsing even the human genome project", said Ian Rhodes, CEO of McLaren Applied Technologies.

Organisers project that another 100,000 may visit this year's race. During Ecclestone's tenure, contract negotiations were often hard for track owners struggling with rising costs and dwindling gates.

Meanwhile, Lionel Yeo, Chief Executive of the Singapore Tourism Board, stated that the race has provided an excellent platform for businesses to test bed new lifestyle initiatives and products.

Because it is a street circuit, like the iconic Monaco GP, the planning implications could be troublesome if any changes were made.

Other reports by Iphone Fresh

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