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F1 Singapore GP: Singapore Grand Prix facing F1 axe?

Asia could lose two of its F1 races in the next couple of years as Singapore joins Malaysia in considering whether to axe its grand prix.
The Singapore Grand Prix could be dropped from the Formula 1 World Championship calendar after new contract discussions stalled between organisers and Bernie Ecclestone.

The city-state joined the F1 schedule in 2008 with a street circuit based in the Marina Bay area, in doing so becoming the first venue in F1 history to host a night race

However, Ecclestone says next year's 2017 Singapore Grand Prix could prove to be the last as organisers deliberate on whether to go ahead and extend its contract.

According to the F1 supremo, Singapore is evaluating whether the event – which receives 60 per cent of its funding from the government – makes financial sense since its primary objective of raising the nation's profile internationally has been achieved.

"Look at what we have done for Singapore," he said. "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 anymore."

Though organisers for the Singapore Grand Prix have elected not to comment on the matter at this time, its apparent indecision comes as nearby Malaysia also considers ending its F1 interests when its contract ends in 2018.

F1 will complete its longest-ever season of 21 races with the completion of this weekend's Abu Dhabi Grand Prix, but as it stands its races in Canada, Brazil and German remain in immediate threat too with 2016 contracts still pending.



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Superhunky

November 22, 2016 2:00 AM

I dont blame Singapore, they do a terrific job, it costs them a small fortune plus a great deal of disruption and Bernie just takes all the money off them for their efforts. Singapore doesnt need F1, F1 needs Singapore, so lets see who blinks first......

SoSlo

November 22, 2016 6:10 AM

translation: singaporean taxpayers pay for 60% of the $25M F1 "licensing" fee. that money is never returned to the taxpayer and if the taxpayer wants to go the race, they still have to pay admission fees that are priced for the rich. lie: "we've given Singapore lots of money" wtf ?!?!?!



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