Singapore extends contract to host Formula One night race until 2021
September 15, 2017
Formula 1 has today announced together with Singapore GP Pte Ltd and Singapore Tourism Board that the Singapore Grand Prix will continue to be part of the motorsport’s calendar for four more years.
The new deal will run from 2018 to 2021 and is set to continue to be complemented by a strong line-up of entertainment and lifestyle offerings within the circuit and throughout the city.
Singapore’s night race has become one of the most attractive dates on Formula One’s calendar, having secured year-on-year 19% growth in ticket sales since its inception in 2008.
Chase Carey, Chairman and CEO, Formula 1, said: “The Singapore Grand Prix is a signature Formula 1 race and therefore we are very pleased that it will continue to feature on the calendar for a further four years.
“The first ever night race in this sport is one of the most thrilling events of the year, taking place against the stunning backdrop of Marina Bay.
“The Singapore Grand Prix, the Singapore Tourism Board and the Singapore Government have all done an excellent job of making this an event that involves the whole city. We are looking forward to offering our continued support to make the next four years even more spectacular and exciting.”
S. Iswaran, Minister for Trade and Industry (Industry), added: “The F1 Singapore Grand Prix has generated significant benefits for our economy as well as the Formula 1 franchise. With its global viewership and media coverage, the race has reinforced Singapore’s image as a vibrant and innovative city to a wide international audience.
“It has also created good opportunities for Singaporeans and the local business community. We look forward to the continued support of all Singaporeans as we work with Formula 1, Singapore GP, and all stakeholders, to ensure the F1 Singapore Grand Prix remains an event that we can all be proud of.”
Mr. Ong Beng Seng, Singapore GP, said: “Since 2008 we have enjoyed a close working relationship with Formula 1 and all of its key players. We believe this has been a beneficial partnership for all parties, for our city and for the sport, and we look forward to building on that foundation with F1’s new owners.”
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— Formula 1 (@F1) September 15, 2017
