Another Long-Term Deal for F1 as Singapore Signs through 2028

·3 min read
Photo credit: MLADEN ANTONOV - Getty Images
Photo credit: MLADEN ANTONOV - Getty Images
  • A new long-term contract between F1 and Singapore race organizers means the series will race there until at least 2028.

  • Singapore's future with the series was believed to be uncertain after its contract expired after 2021, but it was placed on the 2022 calendar, with a date of October 2.

  • The long-term nature of Singapore’s deal reflects a growing trend of longer deals between Formula 1 officials and Grand Prix hosts.

Formula 1 has locked down another venue for the long haul, as the future of Formula 1’s Singapore Grand Prix has been secured through at least 2028.

A new long-term contract between F1 and race organizers was announced today.

Singapore became part of Formula 1’s schedule in 2008, as the championship’s very first night race, with floodlights illuminating the circuit to create a spectacle around the streets of the city state. Singapore’s most recent race was held in 2019, with both the intended 2020 and 2021 editions scrapped because of the pandemic, and the tight entry restrictions imposed by the government.

Singapore's future with the series was believed to be uncertain after its contract expired after 2021, but it was placed on the 2022 calendar, with a date of October 2, subject to a commercial agreement.

That process has been undertaken, and a seven-year deal means Singapore is staying on the F1 schedule at least through 2028.

Singapore’s government sees the Formula 1 event as a focal point financially—driving tourism and business back to the city—as it navigates a path out of the pandemic. It also plans to undertake an audit in order to make the event more sustainable long-term.

Singapore is regarded as one of the most challenging events on F1’s schedule owing to its tight and twisty layout, its night-based timetable, and its oppressive heat and humidity. Its races have regularly run to the two-hour time limit.

“I am delighted that Formula 1 will continue to race in Singapore for another seven years,” said Formula 1 CEO Stefano Domenicali. “The Marina Bay Street Circuit hosted the first night race in F1 history in 2008, and Singapore has continued to thrill fans, teams, and drivers ever since.

Photo credit: MLADEN ANTONOV - Getty Images
Photo credit: MLADEN ANTONOV - Getty Images

“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 long-term nature of Singapore’s deal reflects a growing trend of longer deals between Formula 1 officials and Grand Prix hosts.

New-for-2021 venues Saudi Arabia and Qatar have deals through 2030 and 2032 respectively, with Abu Dhabi last year extending its deal through 2030. China (absent in 2022 but due to return in 2023) was extended through 2025, with Spain’s deal covering 2026. Miami’s debut event, scheduled for May 8, is the first in a 10-year deal.

The calendar is continuing to expand; a record 23 events are listed for 2022, with Qatar and China slated for a 2023 comeback. That could push the schedule to 25 races as early as 2023.

Recent F1 Long-Term Deals of Note

Venues locked into future Formula 1 schedules and length of current contract:

Saudi Arabia through 2030

Qatar through 2032

China 2023 through 2025

Spain through 2026

Miami through 2031