According to sources, Malaysia's state oil company Petronas are open to bringing Formula 1 back to the Sepang International Circuit from 2026.
The Malaysian Grand Prix most recently took place at that particular circuit between 1999-2017, with Max Verstappen winning the last race around the track.
Due to rising costs of hosting the F1 race, and a decline in ticket sales leaving the company out of pocket, Petronas decided to call it a day in 2017, but with the interest in the sport now growing exponentially, it looks as though they are willing to come back to the table.
According to MalayMail, the firm’s president and chief executive Tengku Muhammad Taufik Tengku Aziz revealed his plans to bring F1 back to the country at a meeting earlier this week.
This is also the year in which a new Madrid street race has been confirmed to be taking place, meaning an expansion of an already bloated calendar could be on the horizon.
The Malaysian GP, however, is expected to face a number of hurdles before its return can be confirmed, with scepticism coming just last year from the country's sports minister.
Hannah Yeoh said that hosting an F1 race was “very expensive” and that: “If we could host an F1 race, we already would have done it — but for now, we can’t afford to have races.”