Thailand government has officially taken a major step toward joining the elite world of motorsports by seeking to host Formula 1 for five consecutive years starting in 2028, with a staggering budget of RM6.5 billion (approx. USD 1.1 billion).
The proposal was approved in principle by the Thai Cabinet, with a dedicated task force to be formed for a full feasibility study and bid preparation.
Sorawong Tiengthong, Minister of Tourism and Sports, revealed after today’s Cabinet meeting that Thailand’s ambition to become a Formula 1 Grand Prix host is moving forward decisively, with high-level coordination already underway.
“The Thai government plans to host the Formula 1 Grand Prix for a period of five years from 2028 onward, with the budget to be allocated annually and subject to Cabinet approval each year,” said Sorawong.
To spearhead the bidding process and strategic planning, Prime Minister Srettha Thavisin has appointed Suwang to lead the Formula 1 Hosting Task Force, responsible for overseeing the feasibility study, project roadmap, and negotiations with international F1 stakeholders.
The government is confident the preparation time leading up to 2028 is sufficient. Preliminary designs for the race layout have already been initiated in collaboration with key agencies and Formula 1 organizers.
Thailand’s bid is backed by partnerships with the Thailand Convention and Exhibition Bureau (TCEB) and major global F1 event organizers. If successful, this will mark a historic milestone in placing Thailand on the world motorsport map.
Government spokesperson Jirayu Huangsap provided further details on the proposed F1 street circuit, which will be located in the heart of Bangkok, spanning approximately 5.7 kilometers from Chatuchak Park to Krungthep Aphiwat Central Terminal (Bang Sue Grand Station).
Key areas involved in the proposed race zone include:
- Krungthep Aphiwat Central Terminal – over 316.2 Acre
- Mochit 2 Bus Terminal – approx. 39.5 Acre
- Chatuchak Weekend Market zone – approx. 94.8 Acre
- Somdet Park – 64.42 Acre
- Land behind PTT and the State Railway of Thailand – approx. 790.5 Acre
To prepare the area for F1 standards, the government plans to close the zone for at least 5 days during race week, allowing teams to inspect the circuit, conduct temperature assessments, and ready the paddock and support zones.
This bold move positions Thailand as a future global hub for motorsports, tourism, and international investment — a vision that could soon become a reality on the roaring streets of Bangkok.
Credit Photo : F1
