Overview

• On June 17, 2025, Thailand’s cabinet approved a $1.2 billion proposal to launch a Formula One street race in Bangkok from 2028.
• The initial agreement spans five years, targeting a spot on the sport’s 24-race calendar.
• Tourism minister Sorawong Thienthong confirmed the funding after Prime Minister Paetongtarn Shinawatra met with F1 CEO Stefano Domenicali earlier this year.
• British-Thai driver Alex Albon has publicly endorsed the bid, citing Thailand’s strong commitment to delivering a capital-city Grand Prix.
• Competing proposals from South Africa, Rwanda and Morocco remain under review, with upgraded F1-standard facilities at Kyalami strengthening Johannesburg’s candidacy.