AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Alex Albon Propels Thailand’s $1.2B F1 Bid for 2028 Bangkok Grand Prix

Harry Bright by Harry Bright
June 17, 2025
in Motorsports
Reading Time: 1 min read
0
Alex Albon Propels Thailand’s $1.2B F1 Bid for 2028 Bangkok Grand Prix

Formula One F1 - Canadian Grand Prix - Circuit Gilles Villeneuve, Montreal, Quebec, Canada - June 12, 2025 Williams' Alexander Albon arrives ahead of the Canadian Grand Prix REUTERS/Jennifer Gauthier

Thailand Set to Host Thrilling F1 Race with $1.2 Billion Investment!

Get ready for the heart-pounding roar of Formula 1 cars racing through the vibrant streets of Bangkok as Thailand gears up to submit a jaw-dropping $1.2 billion bid for hosting an exhilarating F1 race starting in 2028.

The Thai government has given the green light to a proposal that would see a street circuit built in the Chatuchak Park area of the bustling capital city, Bangkok. This ambitious plan has been in the works for months, with top officials, including Prime Minister Paetongtarn Shinawatra, engaging in discussions with F1 CEO Stefano Domenicali to make this dream a reality.

Thailand’s very own F1 driver, Alex Albon, has thrown his full support behind the event, emphasizing the country’s strong commitment to bringing the prestigious race to its streets. With a budget exceeding 40 billion baht, equivalent to $1.23 billion, allocated to the project, the Thai government is leaving no stone unturned to ensure the success of this mega sporting event.

The proposed five-year contract from 2028 to 2033 aims to attract 300,000 visitors over the race weekend, injecting a staggering 14 billion baht into the local economy annually. Not only will the event create around 8,000 new jobs each year, but it is also projected to generate 1.4 billion baht in tax revenue and attract an additional 7 billion baht in new investments.

The Thai government’s strategic move to host an F1 race aligns with its broader agenda to boost the tourism sector, a vital pillar of the country’s economy. With hopes high for a successful bid submission to F1, Thailand is on the fast track to becoming a thrilling destination on the global F1 calendar.

Buckle up, F1 fans, as Thailand revs up to join the elite club of host countries and set the stage for an adrenaline-fueled racing spectacle like no other!

Tags: Alex Albon
Share212Tweet133Send

Related Posts

Carson Hocevar’s Destructive Domination: A Trail of Chaos and Confrontations
Motorsports

Carson Hocevar’s Destructive Domination: A Trail of Chaos and Confrontations

Carson Hocevar's Reckless Racing Rampage Causes Chaos and Controversy in Chicago Streets In a whirlwind of chaos and calamity at...

by Miguel Cunha
July 8, 2025
Kimi Antonelli’s Mercedes Shattered in Terrifying Crash: Unveiling the Astonishing Scale of Damage
Motorsports

Kimi Antonelli’s Mercedes Shattered in Terrifying Crash: Unveiling the Astonishing Scale of Damage

Formula One F1 - British Grand Prix - Silverstone Circuit, Silverstone, Britain - July 6, 2025 Mercedes' Andrea Kimi Antonelli...

by Redação
July 8, 2025
Yuki Tsunoda’s F1 British GP Penalty: Unjust Time Warp or Fair Punishment?
Motorsports

Yuki Tsunoda’s F1 British GP Penalty: Unjust Time Warp or Fair Punishment?

Getty Images / Red Bull Content Pool

by David Castro
July 8, 2025
Isack Hadjar and Andrea Kimi Antonelli’s Thrilling Collision: No Blame, Just Racing Drama
Motorsports

Isack Hadjar and Andrea Kimi Antonelli’s Thrilling Collision: No Blame, Just Racing Drama

Getty Images / Red Bull Content Pool

by James Taylor
July 8, 2025

Recent News

Porsche Macan elétrico ganha versões de tração traseira e 4S com autonomia até 640 km

Sales of electrified vehicles from Porsche saw a strong increase until June, driven by the Macan.

July 8, 2025
Carson Hocevar’s Destructive Domination: A Trail of Chaos and Confrontations

Carson Hocevar’s Destructive Domination: A Trail of Chaos and Confrontations

July 8, 2025
Lewis Hamilton Demands Instant Ferrari Overhaul After British GP Heartbreak

Lewis Hamilton Demands Instant Ferrari Overhaul After British GP Heartbreak

July 8, 2025
Kimi Antonelli’s Mercedes Shattered in Terrifying Crash: Unveiling the Astonishing Scale of Damage

Kimi Antonelli’s Mercedes Shattered in Terrifying Crash: Unveiling the Astonishing Scale of Damage

July 8, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks