Singapore signs new contract to hold grand prix till 2028

Singapore has signed a new contract with Formula 1 to stage its grand prix for at least the next seven years.

The evnt in Singapore has become one of F1’s most famous venue since it made its calendar debut in 2008.
Singapore, whose contract covers 2028, has not been racing in the past two years due to the pandemic.
But the new contract, in which the country’s government is involved, is a sign that the race will take place in 2022.

The announcement of the new contract stated that “all parties will work closely with relevant government agencies and industry stakeholders to refine and implement relevant protocols to prioritize the health and safety of all participants, staff, fans and the community.”

 

F1 president Stefano Domenicali said: “Singapore holds a special place on the F1 calendar, and this extension is part of our long-term commitment to continue to grow the sport in Asia.”

The statement said the race organizers would work with the country’s tourism board “to reduce the carbon footprint of the race in Singapore as part of the transition to more sustainable business models and to align with Formula 1’s sustainability goals.”
Initiatives involved include a switch to renewable energy sources and sustainable materials, and increased recycling while conducting a full sustainability audit.