The 2024 Malaysian MotoGP generated a significant economic impact by contributing a return of approximately RM694 million to the Gross Domestic Product (GDP), said the Second Finance Minister, Datuk Seri Amir Hamzah Azizan.
He said the return on investment or ROI was estimated to reach 6.3 times for every RM1.00 spent by the government to host the premier motorcycle racing event.
“The hosting of MotoGP also provided over 4,000 job opportunities and supported the tourism sector through the attendance of more than 16,000 international visitors,” he said when wrapping up the committee-level debate for the Supply Bill 2026 in the Dewan Rakyat today.
Amir Hamzah said the government’s acquisition of the Sepang International Circuit (F1 Circuit) operations was a strategic move to strengthen the national motorsports ecosystem and promote Malaysia as an international motorsports destination.
“The current utilization level of the SIC circuit now exceeds 75 percent of its capacity through the hosting of regional races such as Asia Le Mans, GT World Challenge Asia, and Asia Road Racing. The government will continue to explore ways to optimize SIC facilities to generate additional economic returns,” he said.
