Thailand Approves $1.3 Billion F1 Race Bid, Eyes Bangkok Grand Prix

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PC: The Race

If you’re also bored with the usual F1 tracks, there is good news for you. The Thai government has passed a $1.3 billion bid to host a Bangkok Grand Prix from 2028 to 2033. This means that if it gets successful, we can soon witness the thrill of an all-new F1 track.

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Image: Getty

Thailand is planning to host a Bangkok Grand Prix for five years, from 2028 to 2033. The race will take place in a temporary street circuit in Bangkok’s Chatuchak area, making it similar to the Monaco Grand Prix. The expected track will be about 5.7 kilometres long, passing through the city’s major landmarks.

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Like other F1 races, this race will also take place for three days, Friday for practice, Saturday for Qualifying, and Sunday for the main race.

Why The Initiative?

The Thai government sees the F1 race as a way to boost tourism and the economy. The country already witnesses high tourism, with nearly 40 million tourists travelling to Thailand every year. The government hopes that the inclusion of an F1 race will create thousands more opportunities and impact on the revenue.

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Is It Possible?

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The F1 calendar is currently limited to 24 races per year, and adding the Bangkok Grand Prix to the calendar means dropping another existing race. Many races like the Belgian Grand Prix are set to miss 2028, which creates space to accommodate a new Thai event.

Jirayu Houngsub, the spokesman of the Prime Minister’s office, said, “In the next 2-3 years, Thailand will have world-class competition, which we never thought would actually happen in Thailand”

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The design work for the street circuit has already started, and the government is working closely with F1 officials to meet the necessary requirements. If the country does secure a Bangkok Grand Prix, it will become the fifth F1 race in the Asia-Pacific region.

Also Read: Canadian Grand Prix To Stay On F1 Calendar Through 2035