Formula 1 is no longer in Sepang International Circuit’s calendar, but there are big plans for the track. Malay Mail Online reports that a theme park and hotel are among the things planned for SIC.

“We will be on a break for at least five years. With F1 out of the picture, we need to continue to add more infrastructures that could help bring in revenue,” said SIC CEO Datuk Razlan Razali, who added that SIC will start to model itself after Japan’s Suzuka Circuit and that a theme park and hotel are among the features that would be added.

“The idea was there since I first assume office in 2008 but now the prime minister has mandated it to me to work on it for the next five years. We want it to offer something for everybody. For instance, if a family comes here for MotoGP, the father can watch the races while the family can have a good time at the theme park,” he said.

Sepang is looking at bringing in Australia’s V8 Supercars or Japan’s Super GT to fill the F1 gap

With an empty slot in the calendar, SIC is looking at bringing in another event. “Three events that we are considering now are the Japan Super GT, the Australia Supercars Championship (V8 Supercars) and FIM Endurance World Championship. But we have not decided,” Razlan said. In any case, the circuit, which still hosts MotoGP, won’t be a white elephant.

The SIC chief insists that F1 is not a great loss for the country. “During the race period, F1 only brings in about 30,000 to 40,000 foreign tourists annually. That is not a big number. I am sure the numbers could be easily replaced with other events the tourism and culture ministry has in store,” he told reporters.

“We failed to break the audience record although it was the final F1 race and the ticket prices have been reduced by 82%. Initially, the grouses were about the ticket prices but when we drop the prices, the turnout was still low. I guess Malaysians are bored of F1,” he pointed out.

It was revealed that 110,604 fans were in Sepang last Sunday to watch the “F1NALE” that was won by Red Bull’s Max Verstappen. The F1 record for SIC was in 2008, when it sold 126,690 tickets. But never say never, they say. “Wait five years. Maybe you’ll get the news you want to hear. But for now, let us rest,” Razlan joked.