Round-the-clock breaking news from Malaysia.
Petronas has clarified that despite holding naming rights to Sepang International Circuit, it does not own or operate the facility, nor does it manage F1 ticket sales. The circuit is owned by a company under the Ministry of Finance.
Prime Minister Anwar Ibrahim says developments on Malaysia's possible return to the Formula One calendar will be announced Sunday, with discussions underway to potentially host the race later this year.
Malaysia has emerged as a potential venue for a Formula One race in October, with government discussions ongoing. The Sepang International Circuit remains bound by non-disclosure agreements with Liberty Media.
Malaysia's Youth and Sports Ministry is actively exploring the possibility of hosting a Formula 1 race at Sepang International Circuit in October, potentially replacing the postponed Bahrain Grand Prix amid regional tensions.