''Formal negotiations have not started''The prospect of a Grand Prix in Singapore is again doing the rounds, despite Bernie Ecclestone's insistence last year that the calendar is too full to accommodate any new races.
"Until we can get the teams to agree to twenty races,"
the 75-year-old F1 supremo told local newspaper Today, "we can't add any more."
The southeast Asian island, however, launched a national team for the open wheeler 'A1 GP' series this week, and community development and Sports Minister Vivian Balakrishnan admitted that Formula One had indeed not dropped off Singapore's radar.
"Yes, we are looking at the possibilities of Formula One seriously," he told Today.
"Formal negotiations have not started. There are multiple factors involved and there are multiple parties. So I don't want to raise hopes and make commitments that we can't fulfil."
Source GMM CAPSIS International
