Sepang International Circuit (SIC) is drafting a feasibility study on the return of Formula 1 to Malaysia, for presenting to the Cabinet in November, reported Bernama.

The motorsport venue is currently holding engagement sessions with the Malaysian government, relevant agencies and industry players to obtain information and data for inclusion in the study, said Sepang International Circuit CEO Azhan Shafriman Hanif.

Findings from the study will serve as one of the factors for the government to consider before deciding whether or not Malaysia should return as a host of the Formula 1 series, Shafriman said.

“We are in the process of preparing a feasibility study of bringing Formula 1 back to Malaysia. In November, we will present a proposal paper to the Cabinet for the government to decide whether to agree to the proposal. During this period, we expect to hold engagement sessions with the government, relevant agencies and industry players to ensure that the data presented is accurate,” Shafriman told Bernama.