Sepang CEO Admits Dropping Formula One Was a Mistake

Sepang International Circuit chief has acknowledged that Malaysia lost a valuable opportunity by letting go of Formula One. The prestigious event, once a highlight in Malaysia’s motorsport calendar, brought international attention and boosted tourism. However, the decision to drop it has since been viewed as a setback for the country’s motorsport scene.

Rising Costs of Hosting F1

While the desire to bring Formula One back remains strong, the financial reality makes it difficult. Hosting fees have now surpassed RM300 million, placing the event far beyond what is considered feasible. This steep increase in costs has effectively ruled out the possibility of Malaysia rejoining the Formula One calendar anytime soon.

MotoGP as a Sustainable Option
In contrast, MotoGP remains an affordable and profitable choice for Malaysia. With hosting costs around RM55 million, the event continues to attract fans and deliver strong economic returns. For Sepang, MotoGP represents a sustainable motorsport investment, while Formula One is now seen as a costly indulgence rather than a practical commitment.

Balancing Legacy and Future

The regret over Formula One’s departure highlights the challenge of balancing prestige with practicality. While the event carried unmatched global recognition, the economic strain makes it difficult to justify its return. For now, Malaysia will continue to focus on MotoGP, while the memory of hosting F1 remains a reminder of both ambition and sacrifice.