F1 »

F1 Malaysian GP: Malaysia set to pull plug on F1 race

The Malaysian Grand Prix is set to drop off the F1 calendar after the 2018 season after government ministers decided against pursuing a deal renewal.
The Malaysian Grand Prix will drop off the Formula 1 calendar following the 2018 season after the government decided against renewing its contract, it has been reported.

The event, held at the Sepang International Circuit, has been a mainstay on the F1 schedule since the inaugural Malaysian GP in 1999 but has suffered in recent years for dwindling spectator numbers and television figures.

Though a new deal was only agreed last year, government ministers have reportedly opted not to pursue an extension beyond the current contract, which will expire after 2018 Malaysian Grand Prix, as it no longer makes commercial sense to continue subsidising it with state finances.

"After 2018 no longer," tourism and culture minister Nazri Abdul Aziz is quoted as saying by Reuters. "(From the) longer term perspective, it's probably the correct decision because it's more expensive and no longer that attractive.”

A spokesperson for the Sepang International Circuit declined to comment on the reports when contacted by Crash.net

Malaysia's declaration comes as nearby Singapore also considers its options beyond 2017 when its current F1 deal ends.

The night race has established itself as a popular blue riband event for F1 since 2008 but the government is also now evaluating whether the financial return and promotion it receives are worth the significant outlay of running the street circuit in the heart of the city-state.

Furthermore, though Singapore and Malaysia are confirmed for 2017 at least, Germany, Canada and Brazil are uncertain for next season pending ongoing contract negotiations.

Latest Tweets from Crash.net & GPF1rst

Related Pictures

Click on relevant pic to enlarge
02.10.2016 - Race, Start of the race
George Russell, Mercedes junior programme, [Credit: Mercedes]
Kevin Magnussen - Haas F1 Team [credit: Haas F1 Team]
Valtteri Bottas, Nico Rosberg
Valtteri Bottas - Mercedes AMG Petronas
Valtteri Bottas - Mercedes AMG Petronas
Valtteri Bottas - Mercedes AMG Petronas
Valtteri Bottas - Mercedes AMG Petronas
Motorsport in 30 Seconds, 11th January 2017
Ayrton Senna - McLaren. 1993 Donington Park
Nico Hulkenberg - Renault Sport F1
Renault Formula One Team, launch date, [Credit: Renault F1]
Force India reveals the launch date for its 2017 F1 challenge
Nigel Mansell - McLaren-Mercedes
Lewis Hamilton and Valtteri Bottas
M-Sport reveals its Ford Fiesta RS WRC challenger
Who will replace Nico Rosberg at Mercedes?
Who will replace Nico Rosberg at Mercedes?

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.