Sepang CEO says leaving Formula One was a mistake
Photo Credit: New Strait Times
Formula One once brought global attention to Malaysia through the Sepang International Circuit.
But in 2017, the country decided to end its contract with F1 due to high costs and lower ticket sales. Now, Sepang CEO admits that letting go of Formula One was a mistake as the race had strong potential to boost tourism, the local economy, and Malaysia’s global image.
The absence of Formula One has left a gap in motorsport fans’ hearts. While MotoGP continues to draw big crowds, Formula One offered international exposure that no other racing series can match.
According to the Sepang CEO, Malaysia could have benefited greatly from the growing interest in F1 today, especially with the sport’s global fan base expanding rapidly.
He believes the event could have helped bring more visitors, just like how Singapore’s F1 night race strengthens its tourism industry.
For car owners in Malaysia, the topic also highlights how motorsport events link to the wider automotive industry. When Formula One was here, it inspired Malaysians to be more connected with cars, performance, and driving technology.
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Sepang’s call to reflect on Formula One’s exit is a reminder of how important motorsport can be for Malaysia’s growth. Whether you are heading to the track or crossing Woodlands Checkpoint, having the right tools can make driving easier.
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