When asked if S'pore could host the rival championship, a source said: 'We already have one contract. How many do you want us to sign?' -- PHOTO: REUTERS
IF MARQUEE names like Ferrari carry out their threat and pull out of the Formula One championship to form a rival series, Singapore will probably not be able to host a leg of the new race just yet.
Race promoters Singapore GP said the exact contractual terms of the SingTel Singapore Grand Prix are confidential.
But when asked if the Republic could host the rival championship, a source closely involved in last year's race said: 'We already have one contract. How many do you want us to sign?' The source added that the contract's obligations would be fulfilled and there would be no withdrawal.
Read the full report in Sunday's edition of the Straits Times
