FEBRUARY 1, 2024
Backer denies talks to revive Malaysian GP
A proposed backer has poured cold water on new reports that Malaysia could soon be back on the Formula 1 calendar.
Sepang, located close to Kuala Lumpur, hosted the sport between 1999 and 2017, eventually opting to bow out after the Malaysian sports minister declared the cost too high
.
There were rumours of a potential return for the Malaysian GP last year, but the new sports minister insisted that despite F1's soaring popularity, F1 remains very expensive
.
For now, we can't afford to have the races,
minister Hannah Yeoh, still the sports minister today, added.
However, reports this week have surfaced that suggest that Petronas, Malaysia's state-owned oil company that sponsors the Mercedes team, could put up the money.
A spokesperson for Petronas, however, played down the reports.
We wish to confirm that there have been no discussions regarding the return of Formula 1 to the Sepang circuit,
they declared.
(GMM)