The Sepang International Circuit (SIC) will not close its doors despite no longer hosting F1 races after 2018, according to a report by Bernama. “There is no such thing as closing shop if F1 is not organised after 2018 as almost 90% of our track is being used for various activities every year,” said SIC CEO Datuk Razlan Razali.

“The Malaysia Motorcycle Grand Prix would be our main event after 2018 as the event itself has managed to lure a large turnout every year but we are always looking for room to improve as we have signed a contract extension (with MotoGP rights holder, Dorna Sports) until 2021,” he added, stating that ticket sales for the 2017 Malaysia MotoGP is expected to be announced in the middle of January next year.

Razlan also revealed that SIC would collaborate with the Boon Siew Honda Racing Team to produce more young riders to succeed existing ones. Seven riders from the Asian Talent Cup Championship were selected to undergo an intensive training under the team in coming January, with the best riders given a chance to compete either in the FIM CEV Repsol Motorcycle Championship or Moto3 World Championship from 2018 onwards.

Datuk Seri Mohamed Nazri Aziz, tourism and culture minister, was also reported as saying the reason Malaysia would stop hosting F1 races is due to poor financial returns from lacklustre ticket sales. He explained that the government spends RM300 million a year for it, but the financial returns were less than what was spent.