“Organising F1 races requires the government to pay about 300 million Ringgit ($71.1m; £52.7m) annually to Liberty Media, which holds the F1 commercial rights,” Yeoh said in parliament on Thursday.

Malaysia previously hosted a leg of the F1 world championship at its Sepang International Circuit (SIC) between 1999 and 2017.

An F1 team boss has revealed the difficulties of negotiating contracts with seven-time champion Lewis Hamilton. Sepang ...

Malaysia’s sports minister has revealed that the country has “no current plans” to revive its Formula 1 race. Earlier this month, the chief executive of the Sepang International Circuit stated that it ...

The Southeast Asian nation first hosted an F1 race in 1999 at its Sepang International Circuit, with the last grand prix held ...

KUALA LUMPUR - The government has no plans to re-host the Formula 1 (F1) championship due to the rising costs of hosting fees ...

Malaysia's sports minister Hannah Yeoh announced that the country will not pursue hosting the annual Formula One race due to high sponsorship costs and a packed racing calendar. The event, held from ...

There are no plans for Malaysia to hold Formula 1 (F1) races soon, says Youth and Sports Minister Hannah Yeoh.

KUALA LUMPUR, Aug 20 (Bernama) -- Sepang International Circuit (SIC) has reaffirmed that its current focus is on securing the continuation of the MotoGP Malaysia beyond 2026, and not on the potential ...

In 2017, Max Verstappen claimed victory at the Malaysian Grand Prix, the last Formula 1 race held at the Sepang International Circuit to date. Nearly eight years have passed since then, and while ...

Fans hoping to witness the comeback of the Malaysian Grand Prix will be disappointed after the Sepang International Circuit’s ...