Singapore’s 2023 F1 race will go ahead as planned, minister says

Bloomberg

4 August 2023 at 5:27 am·1-min read

Around the Singapore Grand Prix race course in Singapore, on Thursday, Sept. 29, 2022.

By Aradhana Aravindan

(Bloomberg) — Singapore’s preparations for this year’s Formula One Grand Prix are at an advanced stage and the race will continue as planned, Minister for Trade and Industry Gan Kim Yong said in a written response Thursday.

Gan was responding to a parliamentary question on whether the arrest of Hotel Properties Ltd.’s Managing Director Ong Beng Seng will have any material impact on the Sept. 15-17 race. The businessman’s Singapore GP Pte owns the rights to the event.

Officials have yet to spell out the scope of the ongoing investigation by the country’s anti-graft agency, in which Transport Minister S. Iswaran was also arrested.

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