Singapore to Review F1 Deal, Audit 2022 Race After Graft Probe
The Formula 1 Singapore Grand Prix in 2022.
Photographer: Lauryn Ishak/BloombergThis article is for subscribers only.
Singapore will review the terms of its F1 Grand Prix deal and will audit a previous race following a corruption probe involving former Transport Minister S. Iswaran, a ruling party lawmaker said on Monday.
Minister-in-charge of Trade Relations Grace Fu told in parliament that “there is nothing to suggest as of now” that either the F1 contracts or other contracts were structured in a way they would disadvantage the government.