Source link : https://asia-news.biz/asia/malaysia/why-malaysia-isnt-returning-to-f1-the-high-cost-behind-the-decision-and-more-insights/
Formula 1 fans in Malaysia will have to wait longer for a return of the Grand Prix, as race organizers cite prohibitive hosting fees as a major hurdle. In the latest developments covered by RaceFans, the Malaysian government and associated motorsport authorities have indicated no immediate plans to bring back the iconic event to the country’s racing calendar. Alongside this update, several other key Formula 1 news stories have emerged, shaping the landscape ahead of the new season.
Malaysia Opts Out of Formula 1 Return Citing Prohibitive Hosting Fees
In a recent announcement, Malaysian motorsport authorities confirmed that the country will not pursue a return to the Formula 1 calendar, citing the prohibitive costs associated with hosting the event. The decision arises amid escalating hosting fees demanded by Formula 1 Management, which have grown significantly compared to previous years when Malaysia last hosted the race at the Sepang International Circuit. Officials emphasized that the financial burden of securing the race would outweigh the potential economic and promotional benefits for the nation.
Key factors influencing the decision include:
- Substantial increase in hosting fees over the past five years
- Budget constraints amid competing infrastructure and development projects
- Uncertainty surrounding global sporting event attendance post-pandemic
- Desire to allocate resources toward other motorsport development initiatives
Year | Estimated Hosting Fee… |
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Author : Jackson Lee
Publish date : 2025-08-22 01:13:00
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