Talks to renew Malaysia's F1 contract are still ongoing. Last month, Sepang circuit boss Razlan Razali travelled to London to discuss the expiring deal with F1 supremo Bernie Ecclestone.
"I am very confident this year's F1 (race) won't be the last," he said.
Three weeks on, a deal for 2016 and beyond still has not been struck.
Indeed, Sepang chairman Mokhzani Mahathir said on Wednesday that the talks with Ecclestone are still taking place.
"The talks are centred on an agreeable price for organising the prestigious race for the next three years," he is quoted by the Bernama news agency.
"We also have to take into consideration the current economic volatility. For now we have not made any decision yet."
The report said the outcome of the talks will be known by March 29, when Sepang hosts the second round of the 2015 world championship.
Meanwhile, organisers of the former Korean grand prix have received a bill for cancelling its grand prix, with the news agency AFP claiming the penalty might be double the $43 million annual race sanctioning fee.
"We plan to visit London for talks with the FOM," a Korean official said.
Malaysia talking with Ecclestone about extension for Grand Prix
- Published on 12 Feb 2015 11:38
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- By: Danny Sosef
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M. Verstappen
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Jan 28
A. Antonelli
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G. Russell
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Jan 30
L. Hamilton
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Bahrain International Circuit - Winter testing
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Feb 11
L. Norris
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Feb 12
C. Leclerc
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Feb 13
A. Antonelli
- 1:33.669
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Bahrain International Circuit - Winter testing
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G. Russell
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A. Antonelli
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C. Leclerc
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Formula 1 Calendar - 2026
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Grand Prix
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Spain
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Bahrain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
4 - Sep 6
Italy
Monza
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