SINGAPORE (Reuters) - The Singapore Grand Prix is set to stay on the Formula One calendar until 2021, the sport and race organisers confirmed on Friday, after agreeing a four-year contract extension. "Over the past decade the Singapore race has introduced many innovative elements and become an iconic and highly anticipated event on the F1 calendar," he said. It has also contributed S$1.4 billion in tourism receipts to Singapore over the past decade and drawn over 450,000 international visitors, including projected arrivals for this year’s race, according to the Singapore Tourism Board. Singapore, along with China, had been listed on Formula One's 21-race calendar for next year with an asterisk as subject to confirmation. The new deal removes that doubt and also secures Formula One's future in the region.

Source: The Star September 15, 2017 08:05 UTC