When they were arrested on Sunday afternoon police alleged they were intoxicated and had revealed the swimsuits in a state of 'happiness' following Australian Daniel Ricciardo's win.
Ricciardo said he was unaware of the group's arrest until well after the fact and believes they will have learnt their lesson.
"I guess when they travel next time they will check the laws for where they go but, for me, there is no reason for anything else to happen," he told the Herald Sun.
"Obviously, Malaysia has their law and whatever will be, but from my side, personally, they were just enjoying the celebration and obviously it just went a step too far for those laws."
Foreign Minister Julie Bishop told the Nine Network she did not know if the group's actions would just be seen as a "lapse of judgement", saying it was clearly "premeditated".
It's not the first time foreigners have got into hot water in Malaysia for baring flesh.
In June last year, AFP reported that four tourists, including a British woman, were arrested after images of them undressing at the top of Mount Kinabalu on the island of Borneo went viral.
They were sentenced to three days in jail, fined 5000 Malaysian ringgit and deported.