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Malaysia To Scrap Formula One Race After 2017, Says Prime Minister


Malaysia spends 300 million ringgit (USD 67.6 million) each year to host the F1 race.

This year’s Malaysian Grand Prix is set to be the country’s last, Prime Minister Najib Razak said on Friday, citing rising costs and falling ticket sales. The Malaysian race, whose future has been in doubt for several years, will disappear from Formula One’s 2018 calendar — a year earlier than initially planned — while France and Germany return for a 21-race season. Continue reading