Singapore is ditching F1 race, says Ecclestone

September's daily attendance plunging 27% to 73,000 since 2008 a key factor.

Singapore does not want to host an annual Formula One grand prix anymore, F1 CEO Bernie Ecclestone told German magazine Auto Motor und Sport, casting doubt on the future of Formula One in Southeast Asia as Malaysia is also considering pulling out.

Ecclestone's comments come amid a significant drop in attendance, with Singapore's race in September seeing an average of 73,000 spectators in each of the three days, down from 87,000 last year. The inaugural race in 2008 got more than 100,000 spectators daily.

Ecclestone, 86, is famous for outspoken media interviews during negotiations. The Briton did not attend this year's Singapore Grand Prix, one of the most popular races on the calendar, as he was held up by negotiations on F1's takeover by U.S. cable TV mogul John Malone's Liberty Media.

Read more here from Reuters