Thailand Moves Closer to Hosting Formula 1 Grand Prix
Thailand has made significant progress towards securing a Formula 1 Grand Prix, with the country’s cabinet approving a bid during a recent meeting. The proposal aims to introduce a race in Bangkok starting in 2028, supported by an allocation of $1.2 billion set aside for the endeavor.
Tourism Minister Sorawong Thienthong announced the cabinet’s decision in a press conference, marking a pivotal moment for Thailand’s aspirations to join the F1 calendar. Earlier this season, F1 CEO Stefano Domenicali visited Bangkok to discuss the potential race, and Williams driver Alex Albon has been actively engaged in promoting the initiative, meeting with Thailand’s Prime Minister Paetongtarn Shinawatra.
“It’s moving along…nothing’s finalized, but it’s really good to see the commitment from Thailand,” remarked Albon during his visit, underscoring the country’s serious approach to the project. He added, “If you see the projects…they have a very strong product.”
As Thailand seeks to benefit from the economic opportunities a Grand Prix event would bring, it is reported that a memorandum of understanding is in place with F1 officials. The exact placement of the Thailand Grand Prix on the existing F1 calendar, which currently features 24 races, remains uncertain. However, with several European rounds expected to rotate over the coming years, opportunities may arise for Bangkok to host its inaugural race. This would mark the return of F1 to Southeast Asia since the last Malaysian Grand Prix in 2017.
