P1racenews AI automatic summary:
A former government minister key to the Singapore Grand Prix has been charged with 27 counts of corruption in an ongoing legal case.
The Singapore Ministry of Trade and Industry has stated that the future of the Singapore Grand Prix is not uncertain despite the resignation of Subramaniam Iswaran over corruption allegations. Iswaran, who played a key role in bringing the Grand Prix to Singapore in 2008, resigned from his cabinet post after being charged with receiving gifts and gratifications. It is alleged that these gifts were given to advance the business interests of a property tycoon. Iswaran and the tycoon were arrested last year, but Iswaran maintains his innocence. The Ministry of Trade and Industry assured that all F1 contracts and agreements were carefully considered and there is no indication that they were disadvantageous to the government. The preparations for the 2024 Singapore Grand Prix are on track, and the event has a contract in place until 2028.
