Formula One’s Domenicali to Explore Race Opportunities in Bangkok

Formula One’s CEO, Stefano Domenicali, plans to visit Bangkok next week to discuss a possible race in Thailand, focusing on expanding into new markets. Most race schedules are set, yet potential future openings exist, suggesting Thailand could join the circuit.

Stefano Domenicali, the president and CEO of Formula One, will visit Bangkok next week after the Australian Grand Prix to discuss the possibility of holding a race in Thailand. As a former Ferrari boss, he is focused on expanding Formula One’s presence in emerging markets as the sport continues to grow in popularity.

Currently, most of the 24-race calendar is set for years ahead; however, the Dutch Grand Prix’s future is only confirmed until 2026. The Belgian Grand Prix recently secured a contract allowing it to remain on the calendar for four out of six years from 2026 to 2031, making room for new races.

Domenicali hinted that Thailand could be among the locations for future races, emphasizing the strategic focus on markets that represent the future of Formula One. His return to Thailand could lead to significant opportunities for the sport in the region.

In summary, Stefano Domenicali’s visit to Bangkok signals Formula One’s intent to explore new markets as it continues to grow globally. While the race calendar is mostly set, potential future openings exist, particularly with contracts like those for the Dutch and Belgian Grand Prix creating opportunities for new venues such as Thailand.

Original Source: www.scmp.com