Singapore race promoter Colin Syn says the a new deal for the Singapore Grand Prix to continue in Formula 1 in 2018 and beyond is “very close”.
The Singapore Grand Prix is on it’s final year of the seconds of two five-year deals sign with Bernie Ecclestone. The race at Singapore in 2008 was historical for hosting the first ever Formula 1 night race, won by Fernando Alonso in the Renault.
However the race, along with the Chinese Grand Prix, was marked as provisional for the 2018 calendar that was announced in June. The future of the Grand Prix was never in serious doubt but no new deal has been agreed yet with the F1 Organisation.
Colin Syn, the deputy chairman of the Singapore GP organisation, was in appearance at the British Grand Prix last month, where he met Liberty Media to discuss a new deal for the race at the Marina Bay Street Circuit.
Talking to Motorsport.com, Syn has made it clear that discussions are ongoing but refused to give specifics over the deal.
“It’s a work in progress, It’s a serious matter, so we’re being very careful. Everything we do has to be together.” said Syn.
“It’s very close, and we’re very hopeful. We can only hope! We’re just looking at a good deal.”