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00:04Formula 1 racing returns to the Sepang International Circuit after a 9-year hiatus.
00:09road
00:09It not only ignited the racing passion of car enthusiasts
00:12In just a few days, it generated a huge economic impact on Malaysia.
00:15benefit
00:16With the competition concluding successfully yesterday...
00:18The organizer, Bahrain International Circuit, also announced after the race...
00:22This year's Bahrain Grand Prix attracted more than 260,000 people over three days.
00:27Entrance
00:27It set a new record for the highest attendance in the history of the Sepang circuit.
00:31So yesterday's main event alone had a whopping 100,300 attendees.
00:35Already
00:36The organizers described it as a record-breaking invitation to the event.
00:39And thank you to all the fans who attended this historic race.
00:43Car Weekend
00:44The Nabarrain Grand Prix concluded perfectly at the Sepang International Circuit.
00:48Prime Minister Anwar posted on Facebook this morning
00:52To everyone who made this event a success
00:55Salute to the hardworking HR personnel
00:57In addition to thanking all F1 drivers and teams
01:00Delivering a spectacular performance on the field.
01:02This allowed racing fans to enjoy an unforgettable race.
01:05Anwar is also like a bus driver
01:07Unsung heroes such as security personnel
01:09And F1 fans from all over the world
01:12And enthusiastic participation in the competition
01:14We express our gratitude to the Malaysian people for their warm and courteous hospitality.
01:18Finally, Anwar also said
01:20I hope we can meet again in Sepang in the future.
01:23In fact, Anwar attended the event today up to this point.
01:26He also shared an interesting story with the audience.
01:29Anwar said he had previously invited his wife, Wan Azizah.
01:32Go with her to watch the F1 race
01:34But Sister Wang doesn't seem interested in this sport.
01:37Sister Wang even asked her in return.
01:39Honey
01:40You probably have a hard time seeing it clearly either.
01:42That's how they are.
01:43Howling
01:46It's over.
01:47What's there to be excited about?
01:49Hearing this...
01:50The audience burst into laughter at the Prime Minister's witty banter.
01:54So what happens next?
01:55Anwar jokingly said
01:57Haven't we survived by not arguing with our wives?
02:01Seeing the Bahrain Grand Prix being organized so successfully
02:05Anwar also mentioned this in an interview yesterday.
02:07The Malaysian government is discussing the future of Formula 1 racing.
02:11Back to Sepang
02:12And we hope to make this happen.
02:14FIA President Ben-Surrein stated
02:18The F1 governing body and Malaysia have a very good relationship.
02:22Sepang International Circuit still has the experience of hosting F1 races in the past.
02:26We believe this will ensure the smooth running of the event.
02:29However, if Malaysia hopes to permanently return to F1...
02:32That means you must prepare a business plan that covers at least five years.
02:36This includes explaining how the event will receive financial support.
02:40How to conduct publicity and promotion
02:42And how to solve the logistical problems involved in event operations.
02:46Besides having to develop this business plan,
02:49If Malaysia wants to fully realize its plan to return to Formula 1 racing,
02:54The government also has to consider some practical issues first.
02:57What is it?
02:58First, there's the exorbitant application cost.
03:02The Sepang circuit was able to achieve this year
03:04Near-perfect return on investment
03:07That's because it's a special case where no hosting fees are required.
03:11Bahrain's organizers fully subscribed to F1 funding of over RM300 million.
03:16Official application fee
03:17Malaysia only spent approximately RM16 million at an extremely low cost.
03:22Upgrades for track infrastructure
03:24They enjoyed huge amounts of foreign exchange from tourism.
03:28However, once Malaysia applies for a formal return to the competition...
03:31That means they have to face more than RM300 million every year on their own.
03:36Moreover, the application fee will increase year by year.
03:40That's not just about whether you can afford that exorbitant application fee.
03:44Tickets to Sepang are in high demand this year.
03:46A big reason is that everyone has really been holding back for too long.
03:49Want to engage in revenge spending
03:51In addition, there's a sense of novelty from a long-awaited reunion.
03:54Malaysia withdrew from F1 in 2017.
03:57Car enthusiasts have been holding back for almost 10 years
04:00That just so happened to coincide with the Bahrain Grand Prix, which was being organized by the Malaysian consul.
04:03Everyone was eager to watch.
04:05If Malaysia has regular competitions every year in the future...
04:09This enthusiasm fueled by sentimentality will soon fade.
04:12The novelty wore off by then.
04:14Are Malaysians still willing to pay such high ticket prices?
04:18Will international motorsport fans still be willing to fly all the way to Sepang to watch the race?
04:21These are all things the Malaysian government must consider.
04:33Please don't hesitate to request a match.
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