Bangkok gears up for a revving 2028 as cabinet approves $1.23 billion F1 bid
Thailand Approves $1.23 Billion Bid to Host Formula 1 Street Race in Bangkok
In a thrilling development for motorsport aficionados, Thailand’s cabinet has sanctioned a staggering $1.23 billion bid to host a Formula 1 street race in the vibrant city of Bangkok. This green light sets the stage for the capital to potentially join the elite roster of F1 hosts as early as 2028.
Government spokesperson Jirayu Houngsub heralded this landmark decision at a press briefing, revealing that the bid encompasses hosting five F1 events between 2028 and 2032. "In the next two to three years, Thailand will have world-class competition, which we never thought would actually happen in Thailand," Jirayu enthused, capturing the excitement buzzing throughout the nation.
Adding to the anticipation, Tourism Minister Sorawong Thienthong highlighted the monumental nature of the proposal, underscoring its colossal $1.23 billion value.
A Potential Bangkok Street Circuit
If realized, the race will unfold on a 3.54-mile street circuit, weaving through the bustling heart of Bangkok, specifically between the Krung Thep Aphiwat Central Terminal Station and Chatuchak Park, just north of the city’s center.
This potential landmark event follows on the heels of a significant diplomatic foray by Thai Prime Minister Paetongtarn Shinawatra. The Prime Minister was spotted at the glamorous Monaco Grand Prix last month, engaging in crucial dialogues with F1 CEO Stefano Domenicali about this ambitious project.
Bangkok’s Timing in a Packed Formula 1 Schedule
As Formula 1 navigates a densely packed 24-race calendar announced for 2026, the addition of Bangkok offers a fresh wave of intrigue. Recent reshuffles include Madrid stepping in for the Emilia Romagna Grand Prix at Imola. Several race contracts are nearing expiration just in time for Thailand's proposed entry. Notably, the Dutch Grand Prix will see its curtain call by 2026, and Barcelona’s future hangs in the balance following Madrid's induction onto the calendar.
In parallel moves shaping F1’s future, the Belgian Grand Prix at Spa-Francorchamps will become a biennial fixture starting in 2027, skipping the races in 2028 and 2030 before its contract concludes in 2031. Meanwhile, F1’s existing circuits are securing their longevity—Montreal’s Canadian Grand Prix recently secured an extension through 2035, with Miami holding the bragging rights for the longest extended deal, running through 2041.
Bangkok’s Exciting Potential as a Formula 1 Host
With Bangkok potentially set to join this illustrious cadre of F1 hosts, motorsport enthusiasts both in Thailand and across the globe are gearing up for what promises to be an electrifying addition to the Grand Prix circuit.
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