Sepang boss plays down hopes of Formula 1 return

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Sepang boss plays down hopes of Formula 1 return

A return to the F1 calendar for the Malaysian Grand Prix seems to be unlikely following feedback by the Sepang circuit’s CEO.

Components 1 was first held on the Sepang Worldwide Circuit in 1999, the race received by Eddie Irvine for Ferrari, and remained there till 2017. Crimson Bull claimed victory on the final two of these grands prix through Daniel Ricciardo and Max Verstappen respectively.

However the race dropped off the calendar for monetary causes, with falling ticket gross sales failing to offset the growing internet hosting charges.

On the time, the BBC reported an influence on attendances had been brought on by the introduction of the neighbouring Singapore Grand Prix.

A circuit common with armchair F1 followers, there had been hopes amongst some that Sepang might return to the schedule, whether or not as a stand-in race through the pandemic and even on a everlasting foundation.

F1 are eager to discover completely different markets throughout the globe and there might nonetheless be room for an extra race in Asia though Las Vegas, Qatar and China are all on account of be added for 2023 to the 22 grands prix that presently type the 2022 schedule, whereas South Africa additionally seems to be to be in direction of the entrance of the taxi rank.

Nonetheless, Malaysia doesn’t appear like changing into re-established any time quickly.

Sepang boss plays down hopes of Formula 1 return

“We should always have a look at the massive image holistically, at how F1 can profit not solely the corporate but additionally Malaysia by way of branding, potential to supply employment alternatives, expertise growth and others,” mentioned the Sepang Worldwide Circuit’s search engine marketing, Azhan Shafriman Hanif, quoted by the Malay Mail.

“So after we pay for the comparatively excessive [F1] organising rights, the return ought to be excessive total, not solely from the SIC facet.”

Shafriman Hanif indicated he felt it was not the fitting time to pursue Components 1 so quickly after the pandemic, given the federal government’s efforts to assist the Malaysian public.

Nonetheless, within the – most likely unlikely given the worldwide curiosity in internet hosting races – occasion of an strategy from Components 1, the CEO added Sepang could be in favour with help from the federal government and personal sector.

Malaysia’s Youth and Sports activities Minister, Datuk Seri Ahmad Faizal Azumu, is reported to have mentioned it could value 200 million ringgits (£36million) to convey again the Malaysian Grand Prix.

 

The primary F1 race in Asia outdoors Japan, the Malaysian Grand Prix was received seven occasions by Ferrari and on 4 events by Sebastian Vettel, making them probably the most profitable constructor and driver.

 

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