Malaysia to scrap F1

KUALA LUMPUR. — Malaysia is considering halting the annual Formula One Grand Prix race after its contract ends in 2018 due to declining ticket sales and TV viewer-ship. The government and race organisers are expected to meet on Thursday to decide whether the country should continue to host the race, state news agency Bernama reported yesterday.In a series of posts on his official Twitter account, the sports minister Khairy Jamaluddin said the costs of holding the race were too high, while the returns were limited. — Reuters.

 

Related Posts

Mega Market moves to snap up Lobels in bid to dominate food value chain

Nelson Gahadza Mega Market (Private) Limited, owned by Shiraan Ahmed, has moved to acquire 100 percent of Lobels Holdings (Private) Limited in a proposed transaction that could see one of…

Super El Niño: President urges caution

Joseph Madzimure and Precious Manomano FARMERS must prioritise early-maturing and drought-resistant crops for the 2026-2027 summer cropping season as Zimbabwe braces for a likely Super El Niño-induced dry spell, President…

Leave a Reply

Your email address will not be published. Required fields are marked *