Formula 1
9 February 2010

Formula 1 news

Sepang still trying to sell

18 November 2005

Sepang's current owner is still trying to sell the F1 venue. It is presently owned by 'Malaysia Airports Holdings', with the sale linked to the company's desire to restructure. But general manager Datuk Ahmad Mustafa told 'The Edge Daily' publication that the agreement with Bernie Ecclestone's Formula One Management is holding up the sale.

In Kuala Lumpur on Thursday, he said Bernie would expect the Malaysian government to guarantee the race's future, but 'as a sovereign country, Malaysia can not be taken to court. "They are working out a solution."

Malaysia's 'Finance Ministry' agreed in 2003 to buy the Sepang circuit for $103.6 million. The current F1 promoters' contract runs to 2010.


more news


Homepage



Test Schedule

01 Feb. Flag es Valencia Photos: Circuito Ricardo Tormo
02 Feb. Flag es Valencia Photos: Circuito Ricardo Tormo
03 Feb. Flag es Valencia Photos: Circuito Ricardo Tormo
04 Feb. Flag uk Silverstone Photos: Circuito Ricardo Tormo
05 Feb. Flag uk Silverstone Photos: Circuito Ricardo Tormo
10 Feb. Flag es Jerez
11 Feb. Flag es Jerez
12 Feb. Flag es Jerez
13 Feb. Flag es Jerez
Full Formula 1 test schedule

GPUpdate.net poll

Question:  Who will be the highest placed Force India driver this year?
Poll results