Malaysia needs at least RM300m a year to secure permanent F1 return, says SIC CEO

AI Summary

Malaysia’s SIC CEO states that the country requires an annual investment of at least RM300 million to secure a permanent return of the Formula 1 Grand Prix, emphasizing financial commitments for maintaining the event.

SEPANG, July 29 — Malaysia would need to spend at least RM300 million annually if it hopes to secure a...