No F1 return to Malaysia, as gov’t can use the money to support development of other sports – Hannah Yeoh

AI Summary

Malaysia has no plans to bring back Formula 1 racing to the Sepang International Circuit due to the high costs involved, according to Youth and Sports Minister Hannah Yeoh. Hosting F1 would cost around RM300 million annually, plus additional track maintenance expenses. Yeoh stated that this money could be better utilized to support other sports and athletes' development programs. While acknowledging the prestige of F1, she emphasized the government's commitment to allocating resources more effectively. The Sepang circuit remains active with other events like MotoGP, which generated significant revenue and job opportunities last year.