By Elmi Rizal Elias
JAKARTA, Feb 26 (Bernama) -- The Sepang International Circuit (SIC) will continue to lobby for an extension of its contract to host the Formula One Grand Prix after it ends in 2015.
SIC chief executive officer Datuk Razlan Razali said the F1 was relevant to the country due to its positive impact and there was no reason for the SIC to not organise the event, especially so when the government has been strongly backing the event since it was first staged in Sepang.
"The F1 is the third biggest event after the Olympics and World Cup. Since organising the F1 involves a huge cost, it needs the support of the government.
"We need an event like the F1 to promote Malaysia. It not only promotes the country but gives a big impact to the economy of the country," he told reporters during a Malaysian F1 Grand Prix promotion, here today.
Also present was Tourism Malaysia director in Indonesia, Nor Aznan Sulaiman.....