Singapore Reviews F1 Contract Terms Amid Corruption Probe

The government's audit of the 2022 Singapore Grand Prix follows charges against former Transport Minister S. Iswaran.

Singapore to reevaluate its Formula One Grand Prix contract and audit the 2022 race after a corruption investigation involving ex-Transport Minister S. Iswaran.
S. Iswaran, key in bringing F1 to Singapore, faces 27 charges, including corruption and obtaining illegal benefits, which he denies.
The probe puts Singapore's clean governance reputation under scrutiny as Prime Minister Lee Hsien Loong plans to step down.
The Ministry of Trade and Industry (MTI) leads the contract review, ensuring no disadvantage to the government.
Singapore remains committed to hosting the F1 Singapore Grand Prix, with preparations for the 2024 race underway.