Red Bull/Getty Images
Sepang is considering its future on the Formula 1 calendar after organisers were given the go-ahead to negotiate a new contract.
Sepang has played host to Formula 1 in Malaysia since 1999 but the current contract expires next season.
"We have been given the green light from the government to begin negotiation with Formula 1 management, so we are doing that right now," Sepang's chief executive officer Dato' Razlan Razali told Crash.net.
"Of course there are a lot of factors involved: Price is one, other ongoing issues are important for us, such as where Formula 1 is heading in the next five years.
"Then we have the impending issues on the sound, the technicalities, because there are lot of calls for Formula 1 to be a spectacle and to bring back the noise.
"So we have all these factors to consider if we want to extend beyond 2015."
