BANGKOK, SEATIZENS -Thailand seeks to host Formula 1 street race in Bangkok. Minister Sorawong Thienthong working to secure deal. Potential benefits include tourism boost and economic gains. Initial plan for Rattanakosin Island area scrapped due to unsuitable foundations. Feasibility study underway to explore alternative
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Eestern Economic Corridor
According to Thethaiger , the potential street race in Bangkok, the government is also considering building a dedicated Formula 1 circuit in the Eastern Economic Corridor. This option would offer a premium experience for visitors year-round, as opposed to a street race that would only be held on a limited number of days. A dedicated circuit could also attract other international sporting events, further enhancing Thailand’s reputation as a global tourism destination
Challenges and Opportunities
While hosting a Formula 1 race presents significant opportunities, it also comes with challenges that the government will need to carefully address. Investing in infrastructure, such as road improvements, transportation systems, and accommodation facilities, is crucial to ensure a smooth and enjoyable experience for participants, spectators, and visitors. Ensuring the safety of all individuals involved is paramount, requiring rigorous planning, security measures, and emergency protocols. Managing the influx of visitors, including accommodation, transportation, and crowd control, is another important consideration.
Despite these challenges, the potential rewards of hosting a Formula 1 race far outweigh the drawbacks. A successful event can significantly boost tourism, attract international visitors, and enhance Thailand’s global image as a vibrant and dynamic destination. The economic benefits, including increased revenue for local businesses, hotels, and restaurants, can be substantial. Moreover, hosting a Formula 1 race can elevate Thailand’s profile as a leading destination for sports and entertainment, attracting other major events and further driving tourism growth.
(Beam Chayapon/Mars)
