Day: 17 September 2009

Update 1: Read Malaysian Insider analysis here

There are pros and cons to the Government’s latest adventure into Formula 1…

(A colourful car in a colourful controversy – Image source: Malaysiakini)

We thought we had a taste of Formula 1 with Petronas’ involvement and Alex Yoong in the driver’s seat but in the Malaysia Boleh spirit, we are getting ourselves one notch up in this very expensive sport

Malaysiakini reported:-

Sepang International Circuit (SIC), a joint partnership involving the government and a consortium of Malaysian entrepreneurs for the 1Malaysia Formula One Team project, has allocated between 8,000 and 12,000 hectares for the development of the Made-in-Malaysia F1 team headquarters

Then Paul Tan in his blog reported

According to SIC CEO Razlan Razali, the HQ will be fully equipped with manufacturing and development facilities including a wind-tunnel and costs could be in the millions or even billions.

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