Thailand is shifting gears into the world of elite motorsports. In a move that could transform the country’s global sporting image, the Thai government has approved a bid to host a Formula 1 street race in Bangkok starting in 2028. If successful, the event would place Thailand firmly on the F1 calendar, opening doors to massive tourism, international recognition, and economic impact.
Thailand’s F1 Ambitions Get Government Approval
On Tuesday, government spokesperson Jirayu Houngsub confirmed that the Thai Cabinet has approved a bid to host five Formula 1 races between 2028 and 2032. The event would take place on a 3.54-mile (5.7 km) street circuit in Bangkok, weaving between Krung Thep Aphiwat Central Terminal Station and Chatuchak Park—a bustling area just north of central Bangkok.
“In the next two to three years, Thailand will have world-class competition, which we never thought would actually happen in Thailand,” said Jirayu.
$1.23 Billion Project to Boost Thai Tourism and Economy
The proposed Formula 1 race is not just about fast cars—it’s about fast-tracking Thailand’s position in global tourism and sports. Tourism Minister Sorawong Thienthong revealed that the project is estimated to cost $1.23 billion, a significant investment aimed at positioning Bangkok as a world-class sports tourism destination.
Bangkok Street Circuit: A New Jewel in the F1 Crown?
The proposed Bangkok street circuit would offer a unique race setting, much like Monaco, Singapore, and Miami, which are known for their iconic urban backdrops. With its vibrant cityscape and cultural landmarks, Bangkok could become a fan-favorite stop on the Formula 1 tour—if the bid is accepted.
Thailand’s Prime Minister Meets with F1 CEO
Thailand isn’t just waiting on a dream. Prime Minister Paetongtarn Shinawatra has been actively engaging with Formula 1 CEO Stefano Domenicali, including attending the 2025 Monaco Grand Prix. These high-level meetings show Thailand’s serious intent and behind-the-scenes diplomacy to win a spot on the F1 calendar.
Will There Be Room on the F1 Calendar?
F1 recently announced a packed 24-race calendar for 2026, with Madrid replacing Imola and other circuits under pressure to retain their spots. Here’s how things stand:
- Dutch Grand Prix likely off the calendar after 2026
- Barcelona could be replaced by Madrid
- Belgian GP at Spa will run biennially from 2027, skipping 2028 and 2030
These shifts could open up just enough room for a Bangkok Grand Prix debut in 2028.
Long-Term Contracts Create a Tight Window
While some contracts are ending, others are being extended:
- Canadian GP in Montreal extended through 2035
- Miami Grand Prix has the longest F1 deal, running through 2041
With limited slots, Thailand’s timing and strategy will be key to securing a long-term F1 presence.
Why a Formula 1 Race in Bangkok Makes Sense
Bringing Formula 1 to Thailand aligns with several strategic goals:
- Tourism Growth: Attract high-spending international visitors
- Urban Branding: Elevate Bangkok as a modern global capital
- Economic Stimulus: Create thousands of jobs and investment opportunities
- Southeast Asia’s Rise: Join regional peers like Singapore and Vietnam in the F1 spotlight
Conclusion: Thailand’s Road to Formula 1 Starts Now
Thailand’s bold bid to host a Formula 1 race in Bangkok by 2028 is more than a sporting event—it’s a statement of ambition. With government backing, a striking street circuit proposal, and strategic diplomatic efforts already underway, Bangkok is aiming for pole position in the next era of Formula 1.