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.