Singapore to continue hosting Formula 1 Grand Prix until 2021

Singapore Grand Prix: Circuit to host race until at least 2021

In 2015, the average was 87,000 and the highest was 100,000 in 2008 when the first Singapore Grand Prix was hosted.

"We are pleased that the teams and constructors involved in these intensive and complex discussions have reached an agreement satisfactory to all concerned", commented Chase Carey, Chairman and CEO, Formula 1.

Liberty Media had taken complete control of F1 in January, ending Bernie Ecclestone's 40-year reign at the helm of affairs.

Who has won the most Singapore Grand Prix races?




"We are looking forward to offering our continued support to make the next four years even more spectacular and exciting". "The first night race is is one of the most thrilling events of the year".

The future of the race on the island nation was hotly contested over the past year amid declining attendance rates, but officials recently announced a four-year extension. But Asian in general is tremendously important.

In the past, F1 has been criticised for striking one side deals heavily in their favour with local race promoters not getting enough out of the millions of dollars they cough up as hosting fees. "Asia and the Americas are truly unique opportunities for us". This however, is no longer case, as the country has chose to renew its contract with Formula 1 until 2021.

"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". "We want to make sure we are delivering better and bigger events", he added.

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