Putrajaya hits the brakes on unprofitable M'sian Grand Prix

Modified 7 Apr 2017, 7:54 am

Malaysia will no longer host Formula One (F1) races from 2018 onward, said Prime Minister Najib Abdul Razak.

"The cabinet has agreed to end the contract of hosting F1 races starting 2018 as its diminishing returns to the country becomes more obvious compared to the cost of organising the race," he added in a statement today.

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