F1 – a matter of ringgit and sense

Raine: “I think the fact that we’re just focusing on the cost...It’s short-jumped. We should definitely look at the benefits as well’.

The decision to stop hosting the Formula One (F1) Malaysian Grand Prix beyond 2018 is driven by cost concerns, but fans are saying that the country stands to lose more by being out of the race.

“It’s like a business model that no longer works. When that happens, what do you do? Do you close shop, or do you revamp it so that it starts generating revenue again?” one observer asked.