Rumours are rife that Renault is withdrawing from F1, becoming the fourth car manufacturer to exit F1 starting from Honda, BMW and Toyota. The financial turmoil has certainly caused a toll on motorsports as decline car sales is seriously affecting the financial status of the car manufacturer who took part in F1 and also other major sponsors.
As a faithful fan of F1 over a decade, I’m not at all excited when Malaysia is announcing its participation in this extremely expensive motorsport. How can we benefit from F1? If the car giants such as Toyota, Honda and BMW are withdrawing, why is Malaysia, with its people-subsided Proton, a meager car manufacturer, taking part when other big giants are exiting after suffering great investment losses?
The government ensures that there would not be any government fund involves in One-Malaysia F1 Team. We have to open our eyes wide to see if that’s indeed true. Let’s recall a few years ago we had sent an astronaut up to space. Do the ordinary people stand to gain anything except that the government is getting publicity from the live telecast? We burned millions and millions of taxpayers just to sent an astronaut to the space making him a hero going everywhere given speeches gaining more money and what the people are getting out of it.
Floods are still there every year in and out and people’s home get damaged and livelihoods badly affected. Why not the money spent on all this nonsense be more wisely used to upgrade infrastructure so that our people can live a better life?
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