F1 supremo Bernie Ecclestone has denied reports that said a deal was already in place for a night-time Singapore street race to be added to the grand prix calendar in 2008.
“We haven’t entered into any agreement with anyone at the moment,” the 76-year-old, albeit confirming negotiations with parties, told Reuters.
Regarding the news of a specific deal, Ecclestone insisted: “I don’t know anything about it.”
Proceedings in the Asian island-state’s parliament on Monday, however, told a different story, when the minister for Trade and Industry indicated that a Singapore GP would likely attract government financial support.
The minister said: “I would say that the prospects are good, but there are still issues, such as the commercial terms to be struck between a potential race promoter and the F1 group, the level of support required from the government, and the extent to which other stakeholders come forward with their support.
“(But) we are taking a very serious look at hosting a formula one race.”
