SEPANG CIRCUIT WANTS TO REDUCE FEES
So Sepang International Circuit in Malaysia wants to reduce its yearly hosting fees? Asking Bernie to take less? Good luck! It's not impossible though as Singapore has done it. But seriously Malaysia has only until 2015, after that we don't know if we will have the race or not. Here is an article about this issue, reproduced from The Malaysian Reserve. Sepang International Circuit Sdn Bhd (SIC) will seek for a reduction in the payment to host the Formula One (F1) race which first came to Malaysia in 1999, following a similar successful move by its Singapore counterpart. SIC, a Malaysian motorsport race track organisation, will commence the discussion with F1 exclusive rights holder Formula One Management Ltd (FOM) “at an appropriate time’’ before the current contract expires in 2015, an SIC official told The Malaysian Reserve. The race track company plans to negotiate for a “similar or a better deal’’ than Singapore which is expecting its F1 event to cost less to host in t...