LEISURE & ENTERTAINMENT | Staff Reporter, Singapore

F1's Southeast Asia future now under question

This is after Ecclestone's remark about Singapore.

Formula One supremo Bernie Ecclestone has cast doubt over the future of the sport in Southeast Asia by telling a German magazine that Singapore no longer wants to host a grand prix after its current deal expires next year.

Neighbouring Malaysia will not host a Grand Prix after 2018 because of declining ticket sales and TV viewing figures, the country's Tourism and Culture Minister said on Monday, and the region could be left without a race for the first time since 1998.

The Singapore race costs some S$150 million ($105.04 million) to put on every year, 60 percent of which is funded by the government. It was first staged in 2008 and the city-state renewed its contract for another five years in 2012.

Read more here from Reuters.

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