Petronas to bring F1 back to Malaysia in 2026 – report

Petronas to bring F1 back to Malaysia in 2026 – report

Talk of a potential return of Formula One to Malaysia has resurfaced, with Reuters reporting that Petronas is said to be looking at bringing the race back here in 2026. Three sources familiar with the matter told the news agency that the plan to bring back the F1 race was revealed yesterday during a company townhall, which was led by the firm’s president and CEO Tan Sri Tengku Muhammad Taufik Tengku Aziz.

The sources, who declined to be identified, did not elaborate on the reasons for the return. Petronas, the Sepang International Circuit (SIC) and the Malaysian prime minister’s office did not immediately respond to Reuters‘ requests for comment. It added that F1’s office also did not immediately reply to a request for comment.

The country began hosting a leg of the F1 world championship at Sepang in 1999, but declining ticket sales and rising costs of hosting the event saw the federal government pulling the plug on the race after the final outing in 2017.

Petronas to bring F1 back to Malaysia in 2026 – report

The supposed plan to get F1 back into Malaysia comes after Petronas, the country’s only Fortune 500 company, won naming rights to the SIC for three years in October last year. The circuit continues to host MotoGP races and other motorsport events.

Back in 2022, speculation of a potential return abounded after a social media post on the SIC’s then Twitter page hinted at the possibility, but this rumour was quickly quashed.

Then, last year, Motorsports Association of Malaysia president Mokhzani Mahathir said that there was the possibility of Malaysia hosting a F1 race again in the next three to five years if companies are willing to foot the bill. Given the latest report, they might just have found the company ready to do so.

What do you think? Should F1 be brought back to Malaysia? Share your thoughts with us in the comments section.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Aura89 on Jan 31, 2024 at 6:58 pm

    This shows that PMX knows how to run a country, bringing back F1 and tourism. Najib did the opposite last time!! Hidup PMX!

    Like or Dislike: Thumb up 6 Thumb down 16
  • Bieight8 on Jan 31, 2024 at 7:07 pm

    Should learn from sg and make it a night street race around penang town

    Like or Dislike: Thumb up 8 Thumb down 2
  • Yeahsure on Jan 31, 2024 at 7:26 pm

    Hell ya… Please bring it back and make it sustainable not just survive on subsidies n all..

    Like or Dislike: Thumb up 7 Thumb down 1
    • Brian on Feb 01, 2024 at 10:32 am

      How to make sustainable when it was never been since before until now? If it were profitable, Germany would not have given back one of their races in the yearly calendar.

      Like or Dislike: Thumb up 5 Thumb down 0
  • Daim-ler on Jan 31, 2024 at 7:59 pm

    The money better channel it back to human resources, better education, facilities, that creates high value jobs that gives larger returns to the country and it’s citizens.

    Like or Dislike: Thumb up 8 Thumb down 1
  • Azroy on Jan 31, 2024 at 8:03 pm

    Hundred billions of PETRONAS money pilfered by Daim n madey duo.. To bailout their sons bankrap bisnes and failed kempen PAS PN @ge15

    Like or Dislike: Thumb up 5 Thumb down 9
  • Calvin on Jan 31, 2024 at 8:05 pm

    Well done PMX! Wasting more rakyat money for the benefit of the rich while rakyat marhaen suffers under your tyranny.

    Like or Dislike: Thumb up 19 Thumb down 4
  • Make sure they fix the traffic system and routes to/fro the circuit. It was a pain the @$$ to exit after the race.

    Like or Dislike: Thumb up 4 Thumb down 0
 

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