Thailand’s cabinet has approved a $1.2B “bid to host a Formula One street race in its capital Bangkok in 2028,” government officials said on Tuesday. If successful, the Thai capital “would win a contract to host a race each year from 2028 to 2032,” according to government spokesperson Jirayu Houngsub. Hosting the race “will help promote tourism, a key driver of Thailand’s economy,” the government said. Thailand “has an FIA-accredited track in Buriram in the northeast of the country,” which currently hosts a round of the MotoGP motorcycling world championships, but “the proposal is for a street race in the kingdom’s capital” (REUTERS, 6/17).
Thailand approves plan to bid for F1 street race
