1Malaysia F1 Team
Well, how much they gonna waste this time?
The 1Malaysia F1 Team, a joint venture between the Government and private sector, will participate in the F1 race beginning next year, Datuk Seri Najib Tun Razak announced on Tuesday.
The Prime Minister said the project involved the combined expertise of Proton and Lotus with the support of the Sepang International Circuit (SIC), Motorsports Association of Malaysia, Naza Motor and AirAsia.
Najib, who is also the Finance Minister I, told reporters when making the announcement at the Finance Ministry that leading corporate figures such as Datuk Seri Tony Fernandes, Datuk Kamarudin Meranun and S.M. Nasarudin S.M. Nasimuddin were also involved in the initiative.
“This is the Malaysian team. The car was designed at the SIC, manufactured at the SIC, tested at the SIC and the car is Malaysian-made. Even the pit-stop team consists of Malaysians,” he said.