Sepang's current owner is still trying to sell the F1 venue. It is presently owned by 'Malaysia Airports Holdings', with the sale linked to the company's desire to restructure. But general manager Datuk Ahmad Mustafa told 'The Edge Daily' publication that the agreement with Bernie Ecclestone's Formula One Management is holding up the sale.
In Kuala Lumpur on Thursday, he said Bernie would expect the Malaysian government to guarantee the race's future, but 'as a sovereign country, Malaysia can not be taken to court. "They are working out a solution."
Malaysia's 'Finance Ministry' agreed in 2003 to buy the Sepang circuit for $103.6 million. The current F1 promoters' contract runs to 2010.
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