Asia Malaysia Fading from Malaysia F1 will still rule in Asian cities

Fading from Malaysia F1 will still rule in Asian cities

Author

Date

Category

- Advertisement -

The Malaysian Grand Prix will hold its final edition on Oct. 1, bringing an end to one of the longest-running Formula One races in Asia.

The race struggled in recent years to attract fans and local television viewers and this is perhaps a confirmation of the tough economic times in Malaysia.

Malaysian Prime Minister Najib Razak said Friday the government had decided to pull out of F1 because of the high cost of staging the event and declining ticket sales and tourism figures.

The anticipated retreat however does not impact Petronas, the national oil giant, that will continue to sponsor the Mercedes team.

- Advertisement -

Last week in a media interview, Petronas said F1 has helped the oil giant in its bid to feature its brand on the international market, and wished the F1 race would continue in Malaysia.

Competition from other races in Asia has taken a toll on the Malaysian GP, according to Malaysia.

In a statement, Prime Minister Najib Razak said that when the race was first held at Sepang International Circuit nearly two decades ago, there was only one other Asian country on the F1 calendar, Japan.

Now, six Asian countries host F1 races, including nearby Singapore, which has one of the most popular races, run at night through the city streets.

“It’s always sad to say goodbye to a member of the Formula One family,” Sean Bratches, F1 managing director for commercial operations, said in Shanghai. ”

Malaysian Formula One fans have proven themselves to be some of the most passionate supporters.”

The French Grand Prix will also return to the F1 calendar in 2018 after a 10-year absence.Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

Shanmugam challenges opposition to debate on CECA, leaders respond

Singapore— Law and Home Affairs Minister K Shanmugam ended a speech in  Parliament on Tuesday (May 11) by challenging Non-Constituency MP Leong Mun Wai to a debate on CECA, the India-Singapore Comprehensive Economic Cooperation Agreement.  Mr Leong, who is from the Progress...

K Shanmugam: If SG goes down racist route, eventually all Indians can be a target of hate

Singapore—In the wake of a hate crime last Friday (May 7) when a 55-year-old Singaporean-Indian woman was kicked in the chest and called racial slurs, racism and xenophobia were discussed in Parliament on Tuesday (May 11).  Minister for Law and Home Affairs...

Van beats traffic light and almost hits a woman pushing a baby in a stroller

Singapore - A Toyota Hiace van beat the traffic light and almost hit a woman who was crossing the road, pushing a baby in a stroller. Camera footage from another car showed that the Toyota Hiace driver picked up speed instead of...
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

Theindependent