KUALA LUMPUR, Oct 15 (Bernama) -- The government is assessing whether hosting Formula One (F1) races annually in Malaysia would generate sufficient economic returns before deciding whether to bring the prestigious event back to the Sepang International Circuit (SIC) on a permanent basis.
General : Govt Studying Economic Returns Before Deciding On Permanent F1 Return
F1, Dr Mohammed Taufiq Johari, Bahrain GP, SIC, RO
BE Bernama 
Key points
- Youth and Sports Minister Dr Mohammed Taufiq Johari said a comprehensive assessment was necessary as hosting F1 involved substantial costs and required careful consideration of feasibility and return on investment (ROI).
- He said although hosting the Bahrain F1 Grand Prix (GP) in Malaysia from Oct 2 to 4 was projected to generate RM950 million in economic returns, the government needed to determine whether similar benefits could be sustained if the race were held annually.
- Dr Mohammed Taufiq stressed that any decision on F1 must ensure that allocations for athlete development and other sports were not affected.
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Related reporting
3 stories on this topic from 2 sources, oldest first.
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- Bernama General : Govt Studying Economic Returns Before Deciding On Permanent F1 Return (this story)