Planners who used to host business events during Singapore's Grand
Prix can begin penciling in their calendars for 2022 bookings, as the
Lion City announces another seven years of hosting the event, until
The 2022 night race is scheduled for 2 October at the Marina Bay Street Circuit.
After cancelling the Grand Prix for two years in a row due to the
pandemic, this fourth contract renewal is also the longest extension for
the race, according to Singapore Tourism Board (STB) and race organiser
According to S Iswaran, Singapore's Transport Minister and
Minister-in-charge of Trade Relations, the decision to continue hosting
the Formula 1 race comes after "thoroughly evaluating the long-term
benefits that a term extension could bring to Singapore.
"The renewal will help sustain Singapore’s reputation as a global
city with a vibrant lifestyle, attracting international visitors as
travel rebounds, and generating business revenue and jobs for
Singaporeans," said Iswaran.
Singapore Grand Prix has always been a key event on Singapore's
annual business and sporting calendar, with multinational companies
taking the opportunity to host guests from their respective industries
at the event.
In November 2019, organisers had released "Super Early Bird" tickets
for the 2020 Formula 1 Singapore Grand Prix, with prices for the
three-day ticket categories starting from S$268 (US197).
The Singapore night race has been staged 12 times since its debut in
2008, and generated more than S$1.5 billion in incremental tourism
receipts and attracted more than 550,000 unique international visitors.
Sustainability has also been worked into the agenda, which includes
switching to renewable energy sources, increasing recycling efforts and
using sustainable materials.
Keith Tan, Chief Executive, Singapore Tourism Board said, "STB
welcomes the opportunity to work with our partners to introduce new
ideas and concepts to enhance the race experience and to make the entire
event one of the most environmentally sustainable street circuits on
the F1 calendar.
“We look forward to welcoming international travellers back to
Singapore in 2022 for the race, and encourage them to also explore our
new and reimagined offerings."