Singapore renews race deal up to 2017

Singapore renews race deal up to 2017

22 September 2012 – Organisers for the Singapore Grand Prix have agreed a fresh race contract with Bernie Ecclestone, keeping the night race on the calendar up to and including the 2017 season. Next year will mark the start of the event’s second five-year contract.

As F1 governing body the FIA sent the 12 teams a first draft of next year’s calendar on Friday, the Singapore event was marked with ‘subject to confirmation’. Although a date had been pencilled in, race organisers were not fully pleased with the race fee offered by Ecclestone’s Formula One Management (FOM, commercial rights holder for the sport).

“We all like being here, which is what made it difficult to negotiate,” Ecclestone explained in the Marina Bay paddock, “but we are here for another five years.”

When asked if the race fee had been reduced, he responded:

“I always believe that sort of question should never be asked - a gentleman should never speak about money or last night…”

Singapore was an instant success when it debuted in 2008, with Fernando Alonso winning for Renault in a race best remembered for the ‘Crashgate’ scandal.

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