SEPANG, Oct 28 (Bernama) -- Sepang International Circuit (SIC) is eyeing a review of MotoGP ticket prices and track rental charges to boost revenue, cover rising operating costs and help fund its share of the championship’s hosting rights fees.
Business : SIC To Review MotoGP Ticket Prices, Track Rental Charges To Boost Revenue -- CEO
SIC, Azhan Shafriman Hanif, MotoGP, F1, corporate
Key points
- SIC chief executive officer Azhan Shafriman Hanif said the circuit would also develop additional income sources amid rising operating costs.
- We also need to look at where else around SIC we can generate revenue to cover the additional rights fees that we will pay in the future,” he told Bernama in an interview here today.
- The MotoGP at SIC has been a fixture on the calendar since 1999, except for its cancellations in 2020 and 2021 due to the COVID-19 pandemic.
Sentences selected automatically from the original article by Bernama.
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