Singapore F1 GP not under threat despite corruption probe, says government

Singapore’s transport minister S. Iswaran has just announced his resignation in the aftermath of facing 27 charges in relation to interaction with Beng Seng, who owns the rights to the Singapore GP and is chairman of the promoting company.

The matter relates to alleged kickbacks that Singapore’s Corrupt Practices Investigation Bureau (CPIB) believes Iswaran may have received from property tycoon Beng Seng.

Some of these are said to include…