Thailand commits £880m to F1 bid with street circuit in Bangkok
The Asian country aiming to host its first-ever F1 race
- Thailand's cabinet has approved a $1.2 billion bid to host a Formula 1 race on the streets of Bangkok.
- The country aims to join the F1 schedule from 2028 with an initial five-year contract, following discussions between the Prime Minister and F1 CEO Stefano Domenicali.
- The bid prioritises a street track in the capital, despite Thailand already having an FIA Grade 1 circuit in Buriram.
- F1's current 24-race schedule presents a challenge for new additions, though some existing races are moving to a rotational basis from 2028.
- British-Thai driver Alex Albon has expressed strong support for Thailand's bid, which would make it the eighth Asian country on the F1 calendar.