Bernie Ecclestone says Singapore won't extend its deal to host the Formula 1 when the deal runs out in 2017, according to an interview the motorsports billionaire did with a German publication.
Motorsport.com wrote that Ecclestone told Germany's Auto Motor Und Sport on Sunday that "there is no gratitude" in Formula 1, referring to auto-makers and organisers who he said dropped the franchise once it had served its purpose.
"Look at what we have done for Singapore," Ecclestone said, according to Motorsport.com's translation of the German-language report. "Yes, the Grand Prix has cost Singapore a lot of money, but we've also given them a lot of money."
"Singapore was suddenly more than just an airport to fly to or from somewhere. Now they believe they have reached their goal and they do not want a grand prix anymore."