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He owns the rights to the Singapore Grand Prix. Iswaran was the chairman of the F1 steering committee, and the chief negotiator with Singapore GP on business matters relating to the race.

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On the other side, the former minister had chaired Singapore’s F1 steering committee and was in charge of negotiating with Ong’s firm on commercial aspects of the event.

He owns the rights to the Singapore Grand Prix. Iswaran was the chairman of the F1 steering committee. He was also the chief negotiator with Singapore GP on business matters relating to the race.