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LinkedInFormula 1 extends Singapore Grand Prix until 2028
Formula 1 has confirmed that the Formula 1 Singapore Grand Prix will continue to be held at the Marina Bay Street Circuit for another seven years.
The multi-year extension between Formula 1, Singapore GP Pte Ltd (SGP) and the Singapore Tourism Board (STB) will see the FIA Formula One World Championship continue to visit the city from 2022 to 2028 inclusive.
After a two-year break, due to the pandemic, the race will return this year.
Sustainability will feature prominently in future races, with the STB and SGP working together to reduce the carbon footprint of the Singapore race as part of a transition to more sustainable business models and to be in line with the sustainability goals of Formula 1. Initiatives include switching to renewable energy sources, increasing recycling efforts and switching to sustainable materials. A full sustainability audit will be undertaken, guiding development of other green initiatives that SGP will implement throughout the new term. SGP will also continue to engage the local community and promote diversity amongst event personnel and volunteers.
In the lead up to the 2022 race, all parties will work closely together with relevant government agencies and industry stakeholders to refine and implement appropriate protocols to prioritise the health and safety of all participants, staff, fans, and the community.
Stefano Domenicali, President and CEO, Formula 1, 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 plans that are in place to reduce the carbon footprint of the event are impressive and align with our plans to be Net Zero Carbon as a sport by 2030 and I look forward to continuing our successful relationship with Singapore GP and the Singapore Tourism Board as Formula 1 returns to this incredible city.”
