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Thailand approves $1.2 billion budget to host F1 event in Bangkok
© XPB Phillip van Osten
18/06/2025 at 08:2118/06/2025 at 08:45 Thailand is accelerating its ambitions to join the Formula 1 calendar after the government approved a $1.2 billion budget aimed at securing a spot on the prestigious motorsport circuit. The cabinet greenlit the funding plan on Tuesday, marking a major step forward in the country’s bid to host a Grand Prix in the capital city of Bangkok. According to officials, the proposal includes a five-year contract starting in 2028 and the development of a new 3.54-mile street circuit through the Chatuchak Park area, northeast of the city center. Tourism Minister Sorawong Thienthong confirmed the initiative following the...
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