Since 1999, on the F1 calendar, the race at the Sepang International Circuit has been an annual fixture.
The ticket sales and the television viewers have been declining.
The chief executive of the circuit, Razlan Razali, has questioned the race’s ‘economic value’.
In October Red Bull’s Daniel Ricciardo, won at Sepang and from the 120,000-capacity circuit, only 45,000 fans attended the game.
The country’s culture and tourism minister, Nazri Abdul Aziz said:
“From the longer term perspective, it’s probably the correct decision because it’s more expensive and no longer that attractive.”