Malaysia set for new multi-year F1 race contract
- Published on 20 Jan 2015 11:47
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- By: Rob Veenstra
Malaysia began hosting the grand prix at the Hermann Tilke-designed Sepang circuit near Kuala Lumpur in 1999. Razali told the Bernama news agency on Tuesday that the Malaysian economy is suffering due to world oil prices, but that F1 is important due to tourism.
"F1 makes Malaysia an attractive destination in terms of value," he said. "Tourists from Europe, America and Australia can spend better in Malaysia. The continuation of F1 is still good for tourism," Razali added. "I am very confident this year's F1 (race in Malaysia) won't be the last." (GMM)
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