Singapore Airlines extends F1 Singapore GP title sponsorship for 3 more years

Singapore Airlines (SIA) has extended its title sponsorship of the Formula One Singapore Airlines Grand Prix for three more years, starting with this year’s race which will be held from 30 September to 2 October 2022. It first signed as the title sponsor in 2014 for four years, and subsequently extended it in 2018 and 2020 for two years respectively.

Lee Lik Hsin, executive vice president, commercial, Singapore Airlines, said this year’s highly anticipated Formula 1 Singapore Grand Prix will be an important milestone for Singapore, marking the return of a major international sporting event to the city after a two-year disruption due to the pandemic.

"The race will be warmly welcomed by Singapore residents and visitors alike, and will enhance our reputation as a global city. SIA’s extension of its title sponsorship signals our continued support for both tourism and sports, complements the expansion of our global network, and will bolster Singapore’s recovery as a key international air hub," he added.

Meanwhile, Brandon Snow, MD of commercial, Formula 1, said this year’s race will see further use of renewable energy and sustainable materials, and the commitments from Singapore Airlines towards sustainable aviation fuels reflect the continued alignment between all partners and Formula 1 in reducing environmental impact.

Singapore is hosting the Singapore Grand Prix for another seven years with the race running until 2028. This fourth contract renewal for Singapore was announced in January this year, and the seven-year extension is the longest for the race to date.

Both STB and the Singapore GP will work closely together with Formula One, relevant government agencies and industry stakeholders to reduce the carbon footprint of the Singapore race and foster the transition to more sustainable business models starting this year. Initiatives include switching to renewable energy sources, increasing recycling efforts and switching to sustainable materials. Formula One is exploring maximising logistics and travel efficiency through process and volume optimisation and by using the least carbon-intensive transport available.

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