Some of the greatest benefits of the Sepang F1 Circuit would be to gain international recognition and promotes Malaysia. Besides the publicity, such an event would draw, the country would benefit in many ways. For one, as the Prime Minister said, Malaysian could learn from the technology related to engine design and production. The nation could also learn to fabricate their own car transmission system and especially the engine. However the question of capability arises as Malaysia is a young country and the impact might be negative, if the technologies advance too fast, while its people are still ignorant. Will people in the future be wondering about the civilization, which Malaysians had experienced after seeing the Malaysian Petronas Twin Tower and the Sepang International F1 Circuit? They might be thinking that Malaysia was one of the most advanced countries with advance technologies in building but it was actually a disguise. Nevertheless, many are still convinced that the target is for SIC to bring in revenue from foreign countries.

There are some critics who felt that the SIC would not contribute to a healthier Malaysian economy. They said that it had burdened the country as RM286 million was invested on a racing track. Moreover it is undeniable that the Formula 1 and the Grand Prix are expensive sports. Each track that wishes to hold the GP will have to pay US$8 million (RM30.56 million) a race. Malaysia has bought the rights to be part of the World F1 GP for the next seven years. Malaysia Airports Berhad (MAB), the management for the SIC, have also signed a five-year contract with an additional five-year option to renew to host the World Formula One Championship from 1999 (Sapiee:1999). Some might say it is a guarantee that the SIC is a sound investment as contract are signed. However, it might be otherwise as the support for SIC might not be up to the expectations in generating revenues. Worst scenario which may happen is that SIC might be forced to operate due to the five-year contract even when it is running at a lost.

Although the sport is expensive but revenue generated by it is huge. Melbourne’s Sunday Herald Sun described the Formula One as that giant vacuum cleaner that sucks up money at an alarming rate but also brings in annual revenue of more than RM1 billion (US$261.78 million). For example, the Australian Grand Prix event, some RM40 million (US$10.47 million) has been invested in advertising and promotions, and marketing for the four-day event and at the same time the Melbourne business community were reported to have generated an income close to RM200 million (US$52.36 million). Even the official caterer for the Grand Prix made an access of RM20 million (US$5.24 million) in profit, catering to some 400,000 spectators who turned up throughout the four days.