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Carey pleased with final outcome of engine deals

Following yesterday's predictable but abundant news flow in Singapore, F1 CEO Chase Carey is pleased with the sport's latest engine deals.

The day kicked off with the announcement that Singapore will be remaining on the F1 calendar until at least 2021, but the afternoon saw a plethora of releases from various parties involved in new engine supply agreements.

Renault will supply McLaren from 2018 while Honda will transfer its hardware to Scuderia Toro Rosso.

Formula 1's management and the FIA spared no effort to keep the Japanese manufacturer involved in F1, much to Carey's satisfaction.

Toro Rosso commits to multi-year agreement with Honda

"We are pleased that the teams and constructors involved in these intensive and complex discussions have reached an agreement satisfactory to all concerned," commented Carey

"We had put ourselves at the disposal of the various parties to try and facilitate the best possible outcome for everyone.

"It is particularly important that Honda, one of the main manufacturers in the motor industry and a company that has played an important role in the history of motorsport, will still be in Formula 1 for years to come.

"We’re all looking forward to working together with all the teams and manufacturers to make our sport more exciting and spectacular for the fans all over the world."

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.