<figure id="attachment_3086465" aria-describedby="caption-attachment-3086465" style="width: 1600px" class="wp-caption aligncenter"><img loading="lazy" class="wp-image-3086465 size-full" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/06/40343d28-12319368_1600x1000_1.webp" alt="" width="1600" height="1000" /><figcaption id="caption-attachment-3086465" class="wp-caption-text">Formula One has a crowded schedule of 24 races around the world with four in the Asia-Pacific region. (EPA Images pic)</figcaption></figure>
BANGKOK: Thailand&#8217;s cabinet has approved a US$1.2 billion bid to host a Formula One street race in its capital, Bangkok in 2028, government officials said today.
If successful, the Thai capital would win a contract to host a race each year from 2028 to 2032, government spokesman Jirayu Houngsub told a news conference.
&#8220;In the next 2-3 years, Thailand will have world-class competition, which we never thought would actually happen in Thailand,&#8221; Jirayu said.
Tourism minister Sorawong Thienthong told reporters the bid is worth about ฿40 billion (US$1.23 billion).
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula One chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
Hosting the race will help promote tourism, a key driver of Thailand&#8217;s economy, the government has said.
Formula One already has a crowded schedule of 24 races around the world with four in the Asia-Pacific region, including the Singapore Grand Prix in Southeast Asia.
Thailand has an FIA-accredited track in Buriram in the northeast of the country, which currently hosts a round of the Jirayu Houngsub world championships, but the proposal is for a street race in the kingdom&#8217;s capital.

MatchPoint Times

Thai cabinet approves US$1.2bil bid to host Formula 1 race in 2028

Hosting the race will help promote tourism, a key driver of Thailand’s economy, says the government.

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