00:00F1 racing has once again made Sepang incredibly popular.
00:02Packed to bursting
00:03Malaysian motorsport fans will be thrilled after a 9-year wait.
00:06Turn into retaliatory support
00:07More than 100,000 tickets sold out in one go
00:09The surrounding area was completely packed with people.
00:12Everyone was stuck in traffic and waiting in line.
00:14Questioning life
00:15But even if I'm exhausted
00:16Many car enthusiasts still shouted
00:18Super worth it
00:19Even banging on the bowl
00:21Will F1 ever return to Sepang in the future?
00:24Even whether it can be mixed in the long term
00:26Prime Minister Anwar Ibrahim, drenched in sweat at dawn
00:28This sentence from yesterday
00:29That's enough to get car enthusiasts' blood pumping.
00:39But there is a harsh reality behind this.
00:41Where will this money come from?
00:50We must first figure it out
00:51This Bahrain Grand Prix course to Sepang
00:53Huge hosting fees and costs
00:55In reality, it was Bahrain, the major financier, that bore the cost.
00:58Malaysia only needs to be responsible
00:59The track preparation work will cost approximately RM10 million to RM16 million.
01:03But what if we were to bring F1 back home permanently ourselves?
01:07The CEO of Sepang International Circuit estimates that
01:10Malaysia needs to burn at least RM300 million every year.
01:13This also includes a very expensive full hosting fee.
01:17300 million a year
01:19This is definitely not about selling a few tickets.
01:21Hold several events to celebrate the New Year
01:22So what about the hotel fees for these few days?
01:24This proves that the money was well spent.
01:26Therefore, the International Robotics President Sulem
01:29It was also explained very frankly.
01:30If F1 wants to return to Malaysia
01:32A clear five-year business plan must be submitted first.
01:36In short
01:37Who will foot the bill for this enormous sum of 300 million yuan every year?
01:40Where does the money come from?
01:41How to cover costs?
01:42It is funded by the government budget.
01:44SIC is still responsible for its own profits and losses.
01:46Or through corporate sponsorship
01:48If we include entrance fees...
01:49Economic benefits from surrounding hotels, restaurants, and airlines
01:53Can it really cover this exorbitant cost?
01:55If we can't end up losing money
01:57Whose debt is this?
01:59Is the burden going to be shifted onto consumers and taxpayers again?
02:02Every account must have an answer.
02:05Actually, F1 is in Malaysia
02:06From 1999 to 2017
02:09The official reason for the painful decision to cancel and withdraw from the event back then
02:12It is precisely because the cost of hosting the event has been soaring year after year
02:15However, economic returns continued to plummet.
02:17Nine years later, it might look like this on social media.
02:21F1 is indeed much more popular than before.
02:24But a single act of retaliatory support
02:26Can it be converted into a long-term willingness to spend real money?
02:29What about the steady flow of people who buy tickets to enter?
02:31This is still a question mark.
02:33We must never act on a whim.
02:35Go to the event that burns 300 million ringgit
02:37Malaysian Association of Societies ...
02:40The management team is capable of handling F1 racing.
02:43However, the final decision rests with the government.
02:45Do you want F1 to come back?
02:48If you want to come back
02:49This annual investment of 300 million ringgit
02:51Do you think it's worth it?
02:52Or should this money be spent on other, more pressing matters?
02:56Feel free to leave a comment and share your thoughts.
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