What was the main reason Malaysia ended its F1 contract in 2017?

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Malaysia ended its F1 contract in 2017 mainly due to the annual licence fee paid to Formula One Management (FOM)

Malaysia ended its Formula One (F1) hosting contract in 2017 primarily because of the annual licence fee paid to Formula One Management (FOM), which amounted to hundreds of millions of ringgits. The government also cited fluctuating attendance and changes in the value of broadcast rights, but the FOM fee was the central point of contention.
The annual FOM licence fee was the key cost issue
When Malaysia hosted F1 from 1999 to 2017, the main dispute centred on the annual licence fee paid to FOM. That payment was described as being in the hundreds of millions of ringgits, making it a major cost item tied to the contract.
Government cited other commercial factors alongside the fee
In addition to the licence fee, the government pointed to fluctuating attendance figures. It also cited uncertainty around the value of broadcast rights, which together with the large FOM payment contributed to the decision to end the contract in 2017.

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What was the main reason Malaysia ended its F1 contract in 2017?

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