"It's a different organisation altogether, " Ecclestone added at the Marina Bay street circuit in Singapore.

BBC: F1 supremo Bernie Ecclestone calm over Delhi race

F1 supremo Bernie Ecclestone added that he was "very happy common sense has prevailed" following a meeting of 120 members of the FIA in Paris aimed at resolving the crisis.

BBC: F1 deal ends threat of breakaway

In 2007, Bernie Ecclestone decided that the city-state would be added to the illustrious Formula One World Championship calendar.

WSJ: Wealth Over the Edge | WSJ.Money Spring 2013