The future of the Singapore Grand Prix is secure for another four years after a new contract extension was announced to continue the event at the Marina Bay circuit until 2021.
“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,” Formula 1 Chairman and CEO Chase Carey said.
“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.”
This weekend’s event was the last on its current contract, although there have been few fears that the event would not remain on the Formula 1 calendar.
The Marina Bay street circuit, which snakes past a stunning backdrop of skyscrapers and city landmarks, impressed Carey when he attended for the first time in 2016.
“Last year was the first time I was here and I thought it was spectacular,” he added.
The 63-year-old is impressed by the week-long carnival atmosphere in Singapore but also noted the need to keep ahead of the curve.
“You can never rest on your laurels, so I think you’ve got to continue to find ways to make it fresh, make it new, so I think we have to continue to work. If you’re standing still, you’re going backwards.
“But I think Singapore, with such a spectacular skyline and the setting for that race, I think is something that will always capture people’s imagination.”
This year’s Grand Prix marks the tenth running of the iconic event, the first night race in the sport’s history. The Singapore Grand Prix remains one of the most popular races on the Formula 1 calendar.
Image via Red Bull Racing