SingTel announced as sponsor for the first Singapore GP

Singapore Telecommunications Limited have been named as title sponsors for next year’s inaugural race in Singapore. The event will be officially known as the 2008 FORMULA 1™ SingTel Singapore Grand Prix.

Ms Chua Sock Koong, SingTel’s Group CEO said: “We are delighted to clinch title sponsorship of the first-ever night race to be held in Formula One history. At SingTel, we constantly strive to be at the forefront of our business and the association with this world-first puts the spotlight on our always being at the leading edge though constant innovation.”

Welcoming the SingTel announcement, Formula One Management CEO Bernie Ecclestone said: “SingTel is a powerful player in the world of telecommunications and we are delighted to welcome them as the Title Sponsor of the first ever Formula One race in Singapore. Title sponsorship of the 2008 FORMULA 1™ SingTel Singapore Grand Prix will give SingTel the platform to achieve global recognition of their brand.”

The Singapore event, scheduled for September 28, will take place on public roads around the Marina Bay area. It will be first Formula One street race in Asia and will be one of three Grands Prix on the 2008 calendar to run in an anticlockwise direction.