Malaysia has no plans to revive the Formula One Grand Prix at Sepang International Circuit (SIC) due to high sponsorship costs and a packed race calendar, Sports Minister Hannah Yeoh told parliament on Thursday.
The country previously hosted the F1 world championship from 1999 until 2017. Yeoh said the event would require an annual commitment of about RM300 million ($71 million) for three to five years—over twice the government’s total development allocation for 20 national sports programmes.
Petronas, the state-owned energy firm and title sponsor of SIC, continues to back MotoGP and other motorsport events. While reports last year suggested Petronas might bring F1 back in 2026, the company denied any such discussions.
