P1racenews AI automatic summary:
Thailand could be about to join the F1 calendar following a key government meeting, and a $1.2 billion deal.
Thailand is making progress towards joining the F1 calendar by presenting a $1.2 billion proposal to host a race in Bangkok. Discussions between Thai authorities and F1 CEO Stefano Domenicali have been ongoing, with a potential five-year contract for a street race between 2028 and 2032. The government’s focus on boosting tourism prompted studies on the project’s viability, leading to a cabinet meeting where the decision was made. A government spokesperson has confirmed Thailand’s commitment to hosting a world-class competition within the next 2-3 years. The bid package, valued at around 40 billion baht, has been endorsed by Tourism Minister Sorawong Thienthong. While Thailand has not previously hosted an F1 grand prix, it currently features a MotoGP round in Buriram and boasts F1 driver Alex Albon’s endorsement of the initiative.
