the contract that The Malaysian Grand Prix with the Formula 1 ensures its presence for two more years, but the authorities have already made clear they have no intention to renew the contract once it has expired.
In the words of the Minister of Tourism and Culture, Nazri Abdul Aziz, “the current contract is from 2016 to 2018. So once that is finished, there will be no more F1. The attendance at the Formula 1 race is falling and there is less interest now. We’re spending 300 million ringgit (more than 90 millions of euros)”.
One of the reasons to prefer to continue in the Motogp World Championship and dispose of the Formula 1 is the high cost, which is further increased since its debut on the calendar in 1999. “The cost of hosting the F1 has increased by ten since the first race”. This, together with the low television audience, and the little influx of spectators, has come to convince the malaysian government of the desirability of abandoning the Formula 1.