Malaysian GP hopes to receive boost from Petronas deal

KUALA LUMPUR, MALAYSIA – OCTOBER 1: Red Bull Racing’s Red Bull TAG Heuer RB13 Tag (33) on the track during the Malaysian F1 Grand Prix held at the Sepang Circuit in Kuala Lumpur on October 1, 2017. – Dutchman Max Verstappen drives a Heuer. Malaysia. (Photo by Clive Mason/Getty Images) // Getty Images / Red Bull Content His Pool // SI201710010322 // Used for editorial use only //

In F1 news, we’re never far from talking about popular events like the Malaysian Grand Prix. His return is still a long way off, but there are signs of promise.

The past few seasons have seen major changes to the F1 calendar. Perhaps the most unpopular point in 2017 was the failure to extend the Malaysian Grand Prix into the annual schedule. The Sepang circuit is known for its close races, difficult track layout and unpredictable weather, and is widely loved in F1 circles.

economic limitations

Unfortunately, a series of factors prevented it from maintaining its place in F1. Earlier this year, Malaysian Sports Minister Hannah Yeoh spoke frankly about the matter:

“F1 is very expensive. We had to wait for $4.5 million from the government just to upgrade the track.” She explained this to the Malaysian press:

“If we could hold an F1 race, we would already be doing it. But at the moment we can’t afford to hold a race.”

This is especially common in F1 in recent years. The growing demand to host Grand Prix events means venues must face stronger competition to maintain their position. Hockenheim track in Germany This is another example of casualties caused by new additions to the calendar.

However, the Malaysian venue is set to receive much-needed support in its bid to secure an F1 spot.

new chapter

Earlier today, it was Confirmed by Malay Mail The Sepang circuit will be renamed. A three-year naming rights agreement has been signed with Petronas, and the new name of the venue will be Petronas Sepang International Circuit.

The MotoGP Petronas Grand Prix of Malaysia will be held in a few weeks. This event is a reminder that with the right financial support, organizers are more than capable of putting on a world-class event.

To be clear, this agreement does not confirm Malaysia’s participation in the F1 calendar. Next year’s schedule has already been decided. However, given that Petronas has a title sponsorship agreement with Mercedes (more precisely, the Mercedes Petronas F1 Team), the link to F1 is clear.

The circuit’s CEO says this about the agreement: “Through our commitment to F1 and MotoGP, we open the door to new opportunities to host even more world-class events as one of the leaders in the motorsport industry.”

Only time will tell whether concrete negotiations with F1 will begin. Still, it’s heartening to see one of the sport’s most beloved venues getting the financial strength it deserves.

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