More time needed for new F1 owners to settle down before agreement, says S Iswaran

Published Mon, Sep 19, 2016 · 08:19 AM

[SINGAPORE] With Singapore Grand Prix's deal to host Formula One races due to expire after next year's night race, Minister for Trade and Industry S Iswaran has said more time is needed for the business' new owners before an agreement can be struck with the Republic.

Speaking on the sidelines of the Abu Dhabi-Singapore joint forum on Monday, Mr Iswaran feels that there is no need to rush in the negotiations as Liberty Media's takeover of the sport from CVC Capital, first announced two weeks ago, had yet to be finalised.

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More time needed for new F1 owners to settle down before agreement, says S Iswaran

KEYWORDS IN THIS ARTICLE

Lifestyle

Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh

Massimo Bottura lends star power to pizza and pasta at Torno Subito

Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant

If Jay Chou likes Ju Xing’s zi char, you might too

Mod-Sin cooking izakaya style at Focal

What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut

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