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Too expensive for Malaysia to bring back Formula One: Sports Minister

The Straits Times

|

August 22, 2025

Malaysia has no plans to bring back the annual Formula One race due to high sponsorship costs and a tight racing calendar, its Youth and Sports Minister Hannah Yeoh told parliament on Aug 21.

KUALA LUMPUR - Malaysia has no plans to bring back the annual Formula One race due to high sponsorship costs and a tight racing calendar, its Youth and Sports Minister Hannah Yeoh told parliament on Aug 21.

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

Ms Yeoh said that the event would require a commitment of around RM300 million (S$91.4 million) annually for between three to five years, an amount that is more than double the government's development costs for 20 national sports programmes.

Malaysia would also have to compete with other hosting countries in South-east Asia, such as Singapore and Thailand, for a spot on the racing calendar, she said.

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