S'pore GP future rests on 'F1's appeal'
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The Singapore Grand Prix contributes about $130 million in tourism receipts annually. But whether Singapore is keen to host more races beyond its four-year extension that ends this year depends on whether F1 continues to innovate and remains attractive to a broad base of fans worldwide.
ST FILE PHOTO
The Covid-19 crisis is expected to last for several more years but any decision to continue hosting the Singapore Grand Prix beyond this year will rest on the direction of Formula One and not the pandemic.
Last year's night race was cancelled due to the outbreak while this year's event, scheduled for Oct 3 at the Marina Bay Street Circuit, is the last under the four-year extension signed in 2017.
