Thailand Cabinet Approves $1.3B Plan for Bangkok F1 Race Starting 2028

Thailand's government has approved a $1.2 to $1.3 billion proposal to host a Formula 1 race on the streets of Bangkok, with plans for an initial five-year contract from 2028 to 2032. The proposed 3.54-mile urban circuit would connect key city landmarks and is designed to offer a challenging layout similar to other street races like Melbourne and Singapore. Prime Minister Paetongtarn Shinawatra has actively engaged with F1 CEO Stefano Domenicali, and Thai driver Alex Albon has also supported the initiative, highlighting Thailand's serious commitment to bringing world-class motorsport competition to the capital. While the current F1 calendar is capped at 24 races, potential rotation of European events such as the Belgian Grand Prix and the possible exit of others like the Dutch Grand Prix could create space for Bangkok. The Thai government views the race as a strategic move to enhance tourism and the country's international profile. However, final integration into the Formula 1 calendar depends on ongoing negotiations with the FIA and Formula One Management.