US EditionNo Plans to Bring Formula 1 GP Back to Malaysia, Sports Minister Says
Malaysia faces annual costs of around RM300 million to host Formula 1, and the government prioritizes funding athlete development over reviving the race without private sponsorship.
- On August 21, Malaysia's Sports Minister Hannah Yeoh stated that the country does not intend to resume hosting the yearly Formula One Grand Prix at the Sepang International Circuit.
- She stated that the decision was influenced by the significant financial requirements, a crowded race schedule, and competition from nearby countries such as Singapore and Thailand.
- The F1 event requires about RM300 million annually for three to five years, a commitment exceeding double the cost of 20 national sports programmes, though Sepang still hosts other motorsports.
- Yeoh stated, "If we could afford it, it would be good to have it in Malaysia," and invited private companies to contact the Sepang International Circuit for discussions.
- The announcement indicates Malaysia remains open to hosting F1 if corporate sponsors bear costs, while Thailand plans to hold a US$1.2 billion race in Bangkok in 2028.
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Leaning Left0Leaning Right6Center3Last UpdatedBias Distribution67% Right
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C 33%
R 67%
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