BANGKOK: The Thai Cabinet has approved in principle the country’s bid to host Formula One (F1) and other motorsport events sanctioned by Federation Internationale de l’Automobile (FIA) between 2028 and 2033, with a total operating budget of 41.4 billion baht.
Jirayu Houngsub, spokesman for the Prime Minister’s Office, announced after Tuesday’s (June 17)Cabinet meeting that Thailand would host the F1 Grand Prix for five consecutive years, with races held in Bangkok’s Chatuchak area.
