Thailand is considering a bid to host a Formula 1 Grand Prix as part of a broader strategy to attract international tourism and boost the country’s global sports profile, following high-level talks held during the Monaco Grand Prix in May 2025.
The Thai government has signaled interest in bringing a Formula 1 race to the country, aiming to strengthen its position as a destination for major global events. Prime Minister Paetongtarn Shinawatra confirmed the initiative during her attendance at the Monaco Grand Prix, where she met with Formula One Group executives, including CEO Stefano Domenicali, to explore the possibility of hosting a future race.
According to government sources, discussions focused on venue selection, licensing requirements, marketing partnerships, and logistical considerations. The move aligns with Thailand’s national tourism strategy, which seeks to capitalize on the global reach of major sports events. Formula 1, which attracts over 600 million viewers worldwide each season, is seen as a high-impact vehicle to enhance the country’s visibility and visitor numbers.
Preliminary assessments are now underway, with agencies evaluating infrastructure needs such as track development, road upgrades, facility construction, and the implementation of digital and operational systems. The government also anticipates that hosting an F1 event could drive job creation in logistics, hospitality, event management, and technical services.
Beyond the economic impact, officials believe the project could serve as a platform to build motorsport expertise domestically and inspire greater youth interest in racing sports.
During the Monaco visit, Prime Minister Paetongtarn also met with Thai-British F1 driver Alex Albon and Thai racer Tasanapol Inthraphuvasak. Both athletes expressed enthusiasm for the potential of hosting a race in Thailand. Formal negotiations between Thai officials and Formula 1 representatives are ongoing, with further updates expected following detailed feasibility studies.
