Bernie Ecclestone believes Singapore will dump its Formula 1 race once its current contract expires next season.
There had been speculation that Singapore race organisers were considering scrapping the race, having achieved their goal of boosting tourism to the country.
Ecclestone said he wouldn’t be susprised if that was the case, given the same thing happens with manufacturers and will likely see current champions Mercedes quit “one day”, despite the huge success they’re currently enjoying.
“It could happen to us that Mercedes and Ferrari leave,” Ecclestone is quoted as saying by Auto Motor und Sport. “But honestly, if the racing gets better, that may not be such a terrible situation.
“We have to expect the manufacturers to leave us. Mercedes will retire on the day it suits them and it’s something we have had before – look at Honda, BMW and Toyota. They go when Formula 1 has done the job for them. There is no gratitude.”
Although Singapore is one of F1’s most recent success stories, boosting the economy there by more than $110 million annually according to government sources, it has now achieved what organisers set out to do, and that will lead to the country dropping off the calendar according to the 86-year-old.
“It is the same with the organisers. Look at what we’ve done for Singapore. Yes, the race has cost Singapore a lot of money, but we’ve also made them a lot of money.
“Singapore was suddenly more than just an airport to fly to or from somewhere. Now they believe they have reached their goal and they do not want a grand prix anymore.”