Talks about a new race deal "are underway", the local Business Times reported in March, "but it is understood that one sticking point is the sanction fee."
An unnamed banker commented: "The Singapore government wants formula one to be listed here and for that to happen, it knows the race has to remain here.
"But at the same time, it doesn't want to pay top dollar again. So the bargaining should continue for some time." Full story
