Thailand is making a bid to host a Formula One Grand Prix street race in either Bangkok or Pattaya.
Tourism and Sports Minister, Chumpol Silpa-archa said Thailand could meet all the conditions to host a Formula 1 Grand Prix as early as 2014, and would submit its bid to F1 franchise holder and president, Bernie Ecclestone this month.
Following discussions with relevant parties, including corporate sponsors, on the possibility of hosting Formula 1, the tourism minister said that the Thai government would now officially confirm interest to host a race in 2014.
Quoted by Bangkok-based TTR Daily newswire, Chumpol said, “It will save costs to use a road circuit and we can improve the roads, which will have a spin-off benefit for city motorists after the event.”
The alternative would be a custom-built race circuit at Pattaya beach resort.
