KUALA LUMPUR: They are going to spend close to RM500 million to start the 1MF1 team. How wonderful if those precious money is spend on our national security. Yeah, I know we wont be getting free publicity all over the world but we could get at least five medium size patrol boats for that amount money. Yeah, I know the money is not supposed to come from the Treasury but sheesh….
If only we can get so many people so excited about national security………
KUALA LUMPUR, Sept 25 (Bernama) — 1Malaysia F1 Team will have a start-up capital of RM168 million while the team’s baseline annual budget is estimated at RM308 million.
In a statement, the team said Proton Holdings Bhd will licence its Lotus brand to the 1Malaysia F1 Team (1MF1T).
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