June 21, 2018

F1 Singapore GP: Five things to know ahead of the night race

17 September 2017, 07:24 | Devin Moran

F1 Singapore Grand Prix extended for another four years to 2021

Formula One pens four-year extension with Singapore

Mercedes AMG Petronas and Scuderia Ferrari have been the two dominant teams in Formula One (F1) so far this season and they are expected to battle it out again at the annual night race this weekend.

Therefore, after much speculation over the past few weeks, there will continue to be at least four power unit suppliers in Formula 1 over the next three years, with the ten teams now entered in the championship using either Honda, Renault, Mercedes or Ferrari engines.

The Mercedes driver told the BBC: "Maybe we don't have the best package for this weekend, but we still have a great auto".

"In our conversations with the parties involved in the event".

How many laps will drivers race at the Singapore Grand Prix?

Franchise fees for the event here was believed to be between $40 million to $50 million.

"From our overall cost perspective, we do expect it to be at about $135 million, which is a reduction of where it was before".

He pointed to the decade of experience organisers and promoters have had with the race and the organisational efficiencies that have arisen, along with new ways of generating revenue.

This year is the 10th edition of the Singapore Grand Prix.

The race didn't see the light of the day after 2013, following tax dispute between the FIA and the Uttar Pradesh government, apart from bureaucratic hurdles.

However, questions still lingered over the future of the race given it was without a firm contract beyond the end of this year, only for a fresh deal to be confirmed on Friday. This recent announcement comes after the year-on-year 19-percent growth in ticket sales.

"We are incredibly happy to announce this extension and very proud of our partnership", F1 chief executive Chase Carey said at a news conference at the racetrack.

“We have big plans for Formula 1.

Although the chances of rain do decrease over the next few hours, there remains the possibility of rain showers throughout the time the F1 race is scheduled to run during.

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