Formula 1 Expanding Presence in Asia: Thailand and South Korea Express Interest in Hosting Races

Formula 1 (F1) is set to make a bigger splash in the Asian market, with two countries vying to host future races. According to a report by RacingNews365, F1 CEO Stefano Domenicali will be visiting these nations this week to explore the possibility of adding new events to the calendar.

Thailand is one of the countries eager to welcome Formula 1 to its streets. Government spokesperson Chai Watcharong expressed their enthusiasm, stating, “If F1 is going to be held in Thailand, we want it to be on the roads – preferably on Ratchadamnoen around Rattanakosin Island. We are currently working on the matter.” The idea of a street race in Bangkok could offer a unique and thrilling addition to the F1 calendar, showcasing the city’s rich culture and architecture.

Meanwhile, South Korea is also seeking a return to the Formula 1 calendar. The nation previously hosted races from 2010 to 2013 at the Korea International Circuit, with Sebastian Vettel dominating the last three events. South Korea’s renewed interest in F1 aligns with the sport’s growing popularity in Asia, where races in Japan, China, and Singapore have already established a strong fan base.

With three Asian races already on the 2023 calendar, including the recent Chinese Grand Prix won by Max Verstappen, Formula 1’s presence in the region is expanding rapidly. The sport’s global appeal and the economic benefits of hosting a Grand Prix have attracted interest from numerous countries looking to join the F1 circuit.

As Formula 1 continues to grow and evolve, it will be fascinating to see which new destinations are added to the calendar in the coming years. The sport’s increasing presence in Asia underscores the region’s importance in the global motorsport market, with fans eagerly anticipating the thrill of Formula 1 racing in their own backyard.