Bidders for a grand prix in Singapore have been handed a three-month deadline, according to reports.
The local newspaper ‘Straits Times’ said the inaugural race, probably to be run on a Hermann Tilke-devised street circuit, could be held next September but only if the promoter ‘Hotel Properties’ finalises the deal with the series’ bosses.
“We have to decide by April,” an unnamed executive for the Singapore group, which is headed by the tycoon Ong Beng Seng, said.
“After that it’ll be too late.”
The source also revealed that speculation about Singapore becoming the scene of F1’s first ever night race was correct.
GMMF1
DailyF1News.com
