F1 CEO Stefano Domenicali visited Bangkok for discussions on hosting a Grand Prix. Prime Minister Paetongtarn Shinawatra presented plans for a street race. Domenicali, whose contract has been extended, emphasized F1’s focus on expanding into new markets.
Stefano Domenicali, CEO of Formula 1, explored potential plans for a Thailand Grand Prix during his visit to Bangkok. The Thai Prime Minister, Paetongtarn Shinawatra, presented impressive proposals aimed at hosting a street race in the capital. This meeting follows earlier discussions with former Prime Minister Srettha Thavisin, indicating Thailand’s long-standing interest in joining the F1 calendar.
Domenicali expressed enthusiasm for the discussions, stating, “I was delighted to meet… and discuss their impressive plans to host a race in Bangkok.” His comments suggest a willingness to pursue these talks in the future. Following last week’s announcement of his extended tenure as CEO for another five years, Domenicali emphasized the importance of expanding Formula 1 into new markets across the globe.
He highlighted that Formula 1 has been focusing on locations representing its future, with growing global interests. As he noted, there’s a significant interest from various regions including Europe, Africa, and South America. For instance, Rwanda has ambitions for F1’s return to Africa, despite regional challenges. There are also discussions about potentially reintroducing Argentina into the F1 calendar, the last race held there occurring in 1998.
The discussions between Stefano Domenicali and Thailand’s Prime Minister Paetongtarn Shinawatra mark a significant step towards the potential inclusion of a Thailand Grand Prix in the Formula 1 calendar. With these negotiations highlighting the interest in expanding F1’s reach, the future may see new markets like Thailand becoming pivotal in the sport’s growth strategy.
Original Source: www.motorsport.com
