MotoGP Meets Web3 With Bitget's Smarter Speed Challenge
This initiative is an extension of Bitget's broader MotoGP collaboration, with the exchange serving as the Regional Partner for four major Grand Prix events in Italy, Germany, Spain, and Indonesia. At the heart of the partnership is the 'Make It Count' campaign, fronted by three-time world champion Jorge Lorenzo, reinforcing the shared ethos of split-second precision and strategic performance.
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New Straits Times
26 minutes ago
- New Straits Times
MotoGP is the priority, not Formula One, says Sepang
KUALA LUMPUR: Sepang International Circuit (SIC) has made it clear that their current priority is to ensure Malaysia continues hosting MotoGP and has downplayed the possibility of Formula One making a comeback to Sepang. During a recent MotoGP event, SIC chief executive officer Azhan Shafriman Hanif said Malaysia must look to secure hosting rights for MotoGP and should avoid "making the same mistake" it did by letting Formula One go. He went on to add that SIC themselves as well as a number of other stakeholders are keen on having Formula One return to Sepang but highlighted the high organising costs and long waiting list to get on the Formula One calendar. This sparked both public excitement and debate on whether Malaysia should host Formula One again. SIC, however, released a statement today (Aug 20) reaffirming their commitment to MotoGP. Malaysia's current deal with Dorna Sports to host the pinnacle of two-wheeled racing expires next year and is due for renewal. "SIC wishes to clarify recent media reports. Our CEO's recent remarks referred specifically to the renewal of the MotoGP Malaysia contract beyond 2026, and not in relation to the potential return of Formula One," said SIC. "While Formula One remains a significant part of our history, regaining its hosting rights has proven to be both complex and costly. "The key priority is safeguarding MotoGP, which continues to resonate strongly with Malaysian fans and remains more accessible from both a spectator and organisational standpoint. "At present, Malaysia's contract to host MotoGP runs until 2026. "SIC is fully committed to working closely with the Government through the Ministry of Youth and Sports as well as with Dorna Sports and other relevant stakeholders to ensure the continuation of this world-class and longest running international event in Malaysia. "We value the passion shown by the public and stakeholders on this matter and reaffirm our commitment to securing the future of MotoGP in Malaysia for the benefit of fans, partners and the nation." Sepang, which was purpose-built to run Formula One races, hosted Formula One from 1999 until 2017. The decision to drop the race was made in 2017 due to high organising costs, dwindling global interest in the championship and disappointing ticket sales in Malaysia. Formula One has, however, been given a new lease of life since being taken over by current owners Liberty Media in 2017 and now has a strong following again. The Petronas Grand Prix of Malaysia (MotoGP Malaysia) has continued to attract strong crowds since first being hosted at Sepang in 1999. The event achieved a record three-day attendance of 184,923 last year.
Barnama
41 minutes ago
- Barnama
Ace Market-bound Express Powerr To Raise RM36.0 Mln From IPO
REGION - CENTRAL > NEWS KUALA LUMPUR, Aug 20 (Bernama) -- Generator rental services provider Express Powerr Solutions (M) Bhd which is en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36.0 million through its upcoming initial public offering (IPO). The IPO price is fixed at 20 sen per share, giving the company a market capitalisation of RM186.9 million upon listing, based on an enlarged issued share capital of 934.4 million shares. Managing director Lim Cheng Ten said the proceeds would enable the company to expand its fleet by at least 36 units and acquire medium- and high-voltage equipment to support this expansion over the next three years. bootstrap slideshow Lim said Tenaga Nasional Bhd is expected to remain Express Powerr's largest revenue contributor, although its reliance has dropped to 60 per cent in 2024 from 95 per cent previously. 'Looking ahead, we see opportunities in the oil and gas (O&G) sector, where reliable, high-capacity power is critical, especially offshore and in remote environments. We plan to explore this further in the fourth quarter of the year,' he said. He noted that with 27 O&G projects worth RM4.46 billion approved in the first nine months of 2024, demand for generator sets (gensets) in exploration and drilling is set to rise. To reward shareholders, Lim said the company has adopted a dividend policy of 30-50 per cent of net profit. On diversification, he said the group's solar business remains in its infancy and would not be a near-term focus. Instead, Express Powerr aims to expand its presence within Malaysia, adding Penang and Kelantan to its current coverage of Selangor, Kuala Lumpur, Negeri Sembilan, Johor, Pahang and Sabah.
The Star
an hour ago
- The Star
Gritty Myanmar girls lose Asean football trophy but triumph over personal hardship
PHNOM PENH: The Myanmar women's football team pulled off the biggest coup in the Asean Women's MSIG Serenity Cup 2025 after a decade-long wait. After a gallant performance throughout the regional tournament, the team dubbed 'Asian Lionesses' faltered in the final, losing narrowly 1-0 to Australia's Under-23 team at the Lạch Tray Stadium in Vietnam on Tuesday (Aug 19). The defeat was indeed painful, yet their unbeaten run in the tournament was remarkable. The ending revealed a telling tale, reflecting the resilience of a nation faced with multiple challenges, from personal hardships to democratic backsliding. Myanmar's Institute for Strategy and Policy's Director of Communication, Aung Thu Nyein, described the football team as a beacon of success and hope, in a highly polarised nation afflicted by a cauldron of social and political woes. "I believe the people of Myanmar will be very proud of them, since the nation has little to show in terms of successes, at a time when the country is in a mess, and is poor and failing in many things,' he told Bernama. During the 90-minute final, the Myanmar players, looking flamboyant in their red jerseys, unleashed their fierce determination. In a powerful display, the eleven young women represented a narrative beyond the football field - of Myanmar's turbulent past, the stories of its kings, and battles fought by their ancestors. Life under colonialism and a socialist climate to military rule demonstrate the people's perseverance in the face of adversity. In a country where football matches can fuel a fanatical atmosphere, the team's achievement will be a talk of the town, among betel nut-chewing fans wearing traditional longis in Burmese tea shops to sharply dressed people in corporate boardrooms. The nation is certainly deeply divided along ethnic lines and political ideologies, but the beautiful game remains a unifying factor. "All of Myanmar will be very happy with their success. A few years ago, following the coup, some political groups strongly criticised artistes, musicians, film stars, and sportspeople for not adhering to civil obedience and cooperating with the military. "But it doesn't matter, they are doing their best for the nation and hope everybody is happy now,' said Aung Thu Nyein. Myanmar, which has become isolated since the February 2021 military coup, has more to offer to the world than just melancholic stories about natural disasters, scam centres, and political crises. It is a nation rich in history and blessed with natural beauty and ancient cities. It is also not short of talents in sports. In the 1960s and 1970s, the country which was then named Burma produced top-notch long-distance runners, footballers, bodybuilders, and weightlifters, all of whom finished on the podium at international competitions. The men's national football team won gold at the 1966 and 1970 Asian Games. Former Malaysian footballer Datuk Santokh Singh, who had played against the national team several times, described the 1970s as the glorious years of Myanmar football, in particular during the historic Merdeka Tournaments in Kuala Lumpur. "I remember the men's football team used to be a fantastic, formidable side during the 1970s, but they faded off from the limelight in the later years for some reason. "With the women's team in the final now, I think both the men and women's teams are now trying to make a comeback, and that is good for soccer,' Santokh told Bernama from Kuala Lumpur. As fate would have it, sports took a back seat as the country descended into political turmoil, particularly over the last four years. Young talents slid into obscurity. Financial constraints, poor infrastructure, and insecurity hindered their success. Despite Tuesday's defeat, the Asian Lionesses bowed out of the stadium as heroes. After all, they lost to a team from a first-world country. - Bernama
