Bangkok: "Surawong" confirms Thailand is ready to host F1 in 2028, preparing to present the principles to the Cabinet on June 4, aiming to use the route in the heart of Bangkok. Mr. Surawong Thienthong, Minister of Tourism and Sports, revealed the progress of organizing F1 in Thailand that after Ms. Paethongtarn Shinawatra, the Prime Minister, visited Monaco at the invitation of Mr. Stefano Domenicali, President of F1, after signing the initial MOU to study the feasibility of organizing F1 in Thailand, he went to follow up on the work that the Prime Minister had done on the ground and talked with the private sector that is a major sponsor of F1, which was interested in joining to support organizing F1 in Thailand.
According to Thai News Agency, Mr. Surawong said that the details of the race management contract must be considered for how many years the contract will be signed, and as you know, the F1 organizers are looking for street circuits rather than building a racetrack. Mr. Surawong admitted that for the street circuit, he has considered the area in the center of Bangkok. From what he has studied, there are about 4-5 routes, but he will consider the details again about the feasibility. He also confirmed that organizing F1 in the first year will definitely be able to return the investment, both directly and indirectly. He is ready to present the principles for organizing F1 in Thailand, including the budget framework for the operation, to the meeting on Wednesday, June 4.
Mr. Surawong also reiterated that Thailand has been interested in hosting F1 for a long time and has continued to do so during the time of Mr. Settha Thavisin as Prime Minister. Last year, he traveled to Singapore to confirm that there is still interest in hosting F1 in 2028.