Carey: Singapore has long-term F1 future
13 September 2017 – Formula 1 CEO Chase Carey says Singapore has a long-term place on the calendar, despite this year's event being the last under the current contract, with a new deal yet to be agreed.
Singapore joined the schedule in 2008 as the sport's inaugural night race and in 2012 signed a new five-year deal, securing its future through to 2017.
Singapore, along with China, still has a provisional place on the 2018 calendar, both countries yet to finalise a new deal with Formula 1 officials.
Ahead of this weekend's event, Carey explained that negotiations are ongoing but that he regards Singapore as a "signature" location for the Asian leg of the championship.
"We haven't concluded a deal yet but we're having positive discussions and it is certainly our goal to try and reach a deal that works for both of us," Carey was quoted by Reuters during an event in the city state.
"We're proud of the race, we have a good relationship and our goal is to get to a place where we build on that partnership long-term
"It is certainly a spectacular setting with the city lit up, racing through the streets, a race we are proud of.
"In many ways it's a race that anchors our Asian strategy.
"It's still early days for us growing in Asia, but [it is] certainly a signature race for Asia, a signature race for us globally and it's great to be here."
Malaysia is the only country on the current calendar that will not feature in 2018, after officials at Sepang and Formula 1 chiefs mutually agreed to prematurely end its contract.