F1 News, Reports and Race Results

Singapore GP rights holder charged by local court

A Singapore court has charged property billionaire and Singapore Grand Prix promoter Ong Beng Seng with obstructing justice and abetting offenses committed by a disgraced ex-minister of the Singapore government.

Ong, the 78-year-old owner of Hotel Properties Ltd and a key figure in Singapore’s business landscape, is deeply connected to the world of Formula 1, being the driving force behind the Singapore Grand Prix.

The Malaysian businessman was instrumental in bringing the prestigious night race to the city-state in 2008, a move that helped elevate Singapore’s status on the global sporting stage.

As the majority owner of Singapore GP Pte Ltd, the company that holds the rights to the race, Ong’s relationship with Formula 1 has been highly profitable and symbolic of Singapore’s emergence as a major hub for international events.

His partnership with the Singapore government and Formula 1 management has solidified his role as a central figure in the Grand Prix’s success.

In the ongoing graft case, Ong is accused of giving high-value gifts to former transport minister S. Iswaran, who last week became the first former cabinet member to be jailed in Singapore.

Singapore GP promoter and property tycoon Ong Beng Seng.

The case has captivated the nation, a wealthy financial hub known for its clean governance and strict anti-corruption policies. Ministers in Singapore are offered salaries exceeding S$1 million ($771,247) as a deterrent to graft, which makes this scandal particularly striking.

Iswaran was sentenced to 12 months in prison for obstructing justice and improperly receiving gifts as a public servant, with Ong playing a central role in the prosecution’s case.

During the trial, prosecutors revealed that Iswaran had accepted gifts worth more than $300,000, including tickets to English Premier League soccer matches and to the F1 Grand Prix, and luxury experiences such as private jet rides.

Ong has yet to comment on the accusations and has not indicated how he will plead. Channel NewsAsia reported that he entered no plea last Friday when appearing in court.

It’s unclear how Ong’s legal troubles might impact the future of Formula 1’s race at Marina Bay, if at all.

Singapore GP Pte Ltd holds the rights to the event until 2028, having signed an extension to its contract with Formula One Management in 2022.

Keep up to date with all the F1 news via Facebook and Twitter

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.

Recent Posts

Aston Martin says performance shortfall led to Fallows exit

Aston Martin performance director Tom McCullough has shed some light on why the team’s former…

9 hours ago

FIA clamps down on plank loophole after Red Bull complaint

The FIA has issued a pivotal Technical Directive to F1 teams ahead of this weekend’s…

10 hours ago

F1 drivers blindsided by race director Wittich’s sudden exit

The abrupt removal last week of FIA race director Niels Wittich with just three races…

12 hours ago

McLaren relaxes ‘papaya rules’: Norris and Piastri free to race

Oscar Piastri has confirmed that McLaren’s team orders—dubbed the "Papaya Rules"—have been largely relaxed, giving…

13 hours ago

Cheers to the forever young pure racer Jacques Laffite

The forever young Jacques Laffite turns 81 today, but the years haven't aged this pure…

14 hours ago

Las Vegas GP: Wednesday's build-up in pictures

The neon lights of Las Vegas are set to illuminate the Formula 1 world once…

15 hours ago