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Toyota to withdraw from Formula One (they’re better at making slower cars)

Car manufacturer Toyota will be pulling out of Formula One, according to Japanese media reports. The company lost 461 billion yen last year, their first loss in more than 60 years, and are forecast to lose 750 billion yen this year.

Toyota is the last Japanese manufacturer after Honda pulled out earlier in December 2008.
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F1 Singapore Grand Prix verdict – like watching paint dry

By Les Tan/Red Sports

I don’t know about you but just let me say this: the Singapore Grand Prix was boring. It was like watching paint dry.

As a visual spectacle, the race has no peer. The city of Singapore looked beautiful on television, the most striking image on television was that of the cars going up the Benjamin Sheares Bridge while the F1 cars race below.

The $150 million – $90 million of which is our taxpayers’ money – that goes into the race yearly is well spent to advertise Singapore to a reported audience of 100 million worldwide. This year’s race is the second of a five-year deal.
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Lewis Hamilton wins F1 Singapore Grand Prix

Story by Les Tan/Red Sports. Pictures by Vanessa Lim/Red Sports.

Marina Bay, Sunday, September 27, 2009 – Lewis Hamilton won the F1 Singapore Grand Prix this evening as he led from pole to checkered flag in a less than spectacular race.

Timo Glock, who started 10th on the grid, finished second, while last year’s Singapore Grand Prix winner, Fernando Alonso, was third.
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F1 Singapore Grand Prix: Live blog commentary

Sponsor has enough of Renault cheatING and fixING at F1 Singapore Grand Prix

Headline courtesy of reader Tham Chen Munn

The F1 Renault team got off lightly earlier this week when they were handed a two-year suspended sentence, a non-punishing punishment.

However, they suffered the real punishment yesterday when both their title sponsors pulled out with immediate effect. Their car will be looking quite naked this weekend without the ING logos.
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F1 Singapore Grand Prix WAS fixed

By Les Tan/Red Sports

In the face of what looks like irrefutable evidence, Renault has all but admitted that its team fixed the Singapore F1 Grand Prix.

In a statement, Renault stated that they “will not dispute the recent allegations made by the FIA concerning the 2008 Singapore grand prix.”
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Did Nelson Piquet of Renault “kelong” in F1 Singapore Grand Prix?

By Les Tan/Red Sports

It is amazing to read that the International Automobile Federation (FIA) is investigating claims that the Renault team ordered one of their drivers, Nelson Piquet Jr, to crash deliberately.

The crash allowed his teammate Fernando Alonso, who had pitted early, to vault from 15th to 4th place in the race after the safety car came out. Alonso was eventually a surprise winner of the Singapore race, the first night race in the F1 calendar.
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Three bidders submit plans to develop Changi Motorsports Hub

Contributed by Cassandra Kong

Singapore, Thursday, August 27, 2009 – The Singapore Sports Council (SSC) announced that three bidding consortia submitted their tender proposals to design, build, finance and manage the Changi Motorsports Hub (CMH).

Tender bid submissions were delivered to the SSC by the following consortia:
SG Changi Pte Ltd
Singapore Agro Agriculture Pte Ltd
Sports Services Ltd
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F1 is not a sport according to Indian government (we could have told them that)

The Indian government said what some of us already think – F1 is not a sport.

It turned down a request by an Indian Grand Prix promoter JPSK Sports to transfer US$36.5 million to Formula One Administration (FOA), according to a Reuters report.
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So Michael Schumacher got “neck pain”, not coming to Singapore…

By Les Tan

So Michael Schumacher is not coming to Singapore after all because his “neck pain”, according to BBC News.

“I am disappointed to the core,” BBC News reports him as saying.

Tickets for this year’s race are being sold at a slower pace than last year because of the economic crisis, with banks and investment firms finding it hard to spend big money this year even if they made profits.
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The F1 Singapore GP – like buying a Ferrari but getting a Volkswagen?

By Les Tan

After all the posturing, eight teams have finally decided to pull out of the Formula 1 and set up their own series, reported the New York Times (Formula One in Turmoil as 8 Teams Break Away; June 19).

Ferarri, Brawn, McLaren, Renault, Toyota, BMW Sauber, Red Bull Racing and Toro Rosso are the eight teams that announced they are launching a new series for 2010.
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ITE students to get hands-on experience at F1 Singapore Grand Prix

ITE, Tuesday, April 21, 2009 – 1,000 Institute of Technical Education students will get a chance to work at the 2009 Singapore F1 Grand Prix. The opportunity comes on the back of a Memorandum of Understanding (MOU) ITE signed with the race promoter, Singapore GP.

The MOU will allow students to work in event management and customer service. ITE students from the Higher Nitec in Business Studies (Event Management), Higher Nitec in Business Studies (Administration) and other relevant ITE courses will go through this programme.
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Singapore GP circuit fine-tuned to increase overtaking

Contributed by Fiona Smith, Singapore GP

SINGAPORE, February 2, 2009 – The Marina Bay circuit, home to the FORMULA 1™ Singapore Grand Prix will be fine-tuned for the 2009 event. Following consultation with the Fédération Internationale de l’Automobile (FIA) and the teams, minor changes will be made to Turns 1, 13 and 14 to further increase the potential for overtaking, road surface improvements will be undertaken at Turns 5, 6 and 7, and revisions will be made to the Pit Lane entry and exit as well as the Turn 22 runoff area.

Drivers as well as spectators can now look forward to an enhanced experience in the 2009 season as race promoter Singapore GP Pte Ltd is looking at improving all aspects of the race after drawing upon lessons and feedback garnered from hosting the first ever night race here.
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Honda to pull out of F1

Honda has just pulled out of F1, a decision that will save them £300 million a year. They will also no longer supply the sport with engines.

In a statement to the press, Honda president Takeo Fukui, said: “Honda Motor Co. has come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season for participation. This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry… and the sudden contraction of the world economies.
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Organisers to change Singapore’s F1 circuit to encourage overtaking

The Singapore Grand Prix, the first F1 race ever staged at night, will see changes in the circuit to encourage overtaking.

“Turns one, two and three – the chicane area – could be modified to open it up a little bit more,” event chairman Teo Hock Seng said. “And perhaps Stamford corner could be extended so that there is a little bit more access for overtaking.”

According to sportsbusiness.com, chairman Teo said that two further sections – at St Andrews Road and turn 22 – may have greater run-off areas to allow drivers passing opportunities.

The race attracted a sellout crowd of 100,000, half of whom were tourists.

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