Archive · 17 Jun 2025
Thailand Backs $1.2B Formula One Bid for Bangkok Race
Thailand wants to host a big car race called Formula One in Bangkok!
They have asked the government for permission, and they got it!
The plan is to spend a lot of money, about $1.2 billion, to have the race from 2028 to 2032.
They hope it will bring lots of money to the country, about $600 million.
The race might be held near a famous market.
The Prime Minister has been talking to the people in charge of Formula One to make this happen.
The goal is to make it one of the most fun races.
Thailand's cabinet approved a $1.2 billion bid to host a Formula One race in Bangkok.
The proposed race is planned from 2028 to 2032, pending approval.
The Thai government anticipates $600 million in economic benefits.
The potential circuit layout may include an area near Chatuchak market.
Thai Prime Minister has been promoting the project with F1 officials.
- Who
- The Thai government and Formula One officials.
- What
- Thailand aims to host a Formula One race.
- When
- From 2028 to 2032, pending approval.
- Where
- Bangkok, Thailand.
- Why
- To bring economic benefits and host a race.
Proponents
N/A
Economic Impact
Proponents
Economic boost for Thailand.
N/A
N/A
- Bid Amount
- $1.2 billion
- Potential Race Years
- 2028-2032
- Expected Economic Benefit
- $600 million
- Location
- Bangkok, Thailand
- Current F1 Race in Southeast Asia
- Singapore