The Malaysian Grand Prix confirmed that the race will be dropped from the calendar following the finish of this year’s event which will take place at the start of October.
The Grand Prix has been on the calendar since 1999 and has become a fan favourite of the recent F1 tracks designed by Hermann Tilke.
“The cabinet has agreed to end the contract starting 2018 after considering lowering returns to the country compared to the cost of hosting the (race),” prime minister Najib Razak confirmed in a statement.
It is also reported that in nearby Singapore, organisers and F1 are “locked in negotiations” about a renewal of the deal for the popular F1 street race, the local Today publication claims.