webfact Posted March 7, 2012 Share Posted March 7, 2012 Thailand eyes hosting Formula One race in 2014 BANGKOK, 7 March 2012 (NNT) - The Deputy Prime Minister and Minister of Tourism and Sports Chumpol Silpa-archa announced that Thailand has its eyes set on being host of the Formula One (F1) race in 2014. Following discussions with relevant parties on the possibility of Thailand hosting the Formula One race, Mr. Chumpol stated that the Thai government has confirmed its interest to host the racing tournament within three years time. He also revealed that a number of companies from the private sector, such as Red Bull, PTT and automobile manufacturers, have shown enthusiasm in co-hosting the event with the Thailand Convention and Exhibition Bureau (TCEB) and the Sports Authority of Thailand (SAT). Meanwhile, Tourism and Sports Spokesperson Watchara Kannikar disclosed that within this week, Mr. Chumpol will submit Thailand's candidacy to host the race to Formula One President, Mr. Bernie Ecclestone. Additionally, he will also confirm that Thailand will be host of the Race of Champions, an international motor-sport event featuring some of the world’s best racing drivers, at the National Stadium in November 2012, which will serve as a preparation for the future F1 race. As host to the F1 race, Singapore saw a 300% increase in tourist figure. Thus, being granted the rights to host the event will be a beneficial opportunity for Thailand. Initially, the budget of the event was calculated at over 10 billion baht given that there might be a need to build a new racing stadium. However, it is possible that the real cost will be lower than previously estimated, standing in the billion digit range. -- NNT 2012-03-07 Link to comment Share on other sites More sharing options...
Popular Post Orac Posted March 7, 2012 Popular Post Share Posted March 7, 2012 They could make it a street race with the added excitement of dodging the bikes and foodcarts that had made there way on to the tracks. 11 Link to comment Share on other sites More sharing options...
whybother Posted March 7, 2012 Share Posted March 7, 2012 Is there a track that might be even remotely suitable for F1's in Thailand? I can't really see this getting off the ground, but even if it did, I don't think there would be a 300% increase in tourism ... even for a weekend. 2 Link to comment Share on other sites More sharing options...
GentlemanJim Posted March 7, 2012 Share Posted March 7, 2012 (edited) Some serious opportunities for the cleaky few to make a fortune in backhanders with this one. Unless they came up with an innovative street race they would need a new stadium. A street race could see Bangkok traffic totally disrupted for 2-3 weeks, maybe even longer, would be fun though. I can't believe that hosting F1 saw a 300% rise in tourism throughout the year in Singapore. Maybe for that particular week. I thought in General the ONLY one that makes any money out of F1 was Mr Ecclestone.. Edited March 7, 2012 by GentlemanJim 1 Link to comment Share on other sites More sharing options...
Popular Post ignis Posted March 7, 2012 Popular Post Share Posted March 7, 2012 2014 is that not when the super highway for flood water is ready ? Maybe the F1 powerboats race they are thinking about F1 Car racing, could not the old airport be put to some use ? 5 Link to comment Share on other sites More sharing options...
pimay11 Posted March 7, 2012 Share Posted March 7, 2012 I'm sure they are licking their chops over this one. In Singapore during the F1 race and the normal hotel rate of $250 went to $1,000 per night. Some hotels were charging $1,500+ per night. 1 Link to comment Share on other sites More sharing options...
ParadiseLost Posted March 7, 2012 Share Posted March 7, 2012 With the Red Bull and PTT connections already well entrenched in F1 this could possibly happen. It would need to be a night race to seriously stand a chance of making an ever increasingly crowded calender. However, just ask Turkey about how financially viable such a race would be; Bernie demands huge fees to host each GP and as someone else mentioned there are no suitable venues. One big concern is the level of corruption and constant questions about construction standards, health and safety - it would be disastrous to spend all the money building a facility only to have it turned down due to crumbling concrete stands, cracking runway - erm - track, etc... Link to comment Share on other sites More sharing options...
JoePai Posted March 7, 2012 Share Posted March 7, 2012 With the Red Bull and PTT connections already well entrenched in F1 this could possibly happen. It would need to be a night race to seriously stand a chance of making an ever increasingly crowded calender. However, just ask Turkey about how financially viable such a race would be; Bernie demands huge fees to host each GP and as someone else mentioned there are no suitable venues. One big concern is the level of corruption and constant questions about construction standards, health and safety - it would be disastrous to spend all the money building a facility only to have it turned down due to crumbling concrete stands, cracking runway - erm - track, etc... Haha never in a month of Sundays will there be F1 in Thailand - why do these moronic politicos waste so much of their time on stupid ideas 1 Link to comment Share on other sites More sharing options...
Misterwhisper Posted March 7, 2012 Share Posted March 7, 2012 And I was under the impression we already had F1 racing on our streets every single day. Silly me. 2 Link to comment Share on other sites More sharing options...
jonclark Posted March 7, 2012 Share Posted March 7, 2012 Just think it would be a waste of money 10 billion baht range for an F1 stadium, surely hosting an F1 race is a 'luxury'. With essential services such as hospitals facing budgets deficits the money needs to go else where first. I'd love to see F1 cars racing in Bkk, but i'd rather have a good public health and education system. Ahh well next week some bright spark will come up with the idea of hosting the winter Olympics in Chiang Mai Link to comment Share on other sites More sharing options...
Curt1591 Posted March 7, 2012 Share Posted March 7, 2012 I will be impossible for Thailand to keep from screwing this up! Link to comment Share on other sites More sharing options...
Paul1Kanya Posted March 7, 2012 Share Posted March 7, 2012 My pennyworth, The admission fees alone will exclude 99% of Thai fans. Jumping from 50 baht for a car full at the Bira to tens of thousands for an F1 day out, impossible for the general public. To be honest though how many local people actually know anything about motor sport and would they be interested? Doubtful methinks. As someone else rightly pointed out there would be a lot of money made by the chosen few and their families, and yes 10B baht ... how many schools and hospitals would that build or improve. Paul1. Link to comment Share on other sites More sharing options...
marquess Posted March 7, 2012 Share Posted March 7, 2012 It is not going to happen, they can't even build decent roads for ordinary cars to travel on, let alone F1 cars. 2 Link to comment Share on other sites More sharing options...
MEL1 Posted March 7, 2012 Share Posted March 7, 2012 If it could come off, it would do wonders for car development. We all know that steering wheel gear change shifter buttons and ABS, amongst many others, all came from required development of F1 vehicles. Maybe James Bond aqua-land vehicles might just become a Honda/Toyota reality, to suit the seasonal racing schedules. -mel. Link to comment Share on other sites More sharing options...
crusader79 Posted March 7, 2012 Share Posted March 7, 2012 The only F1 race to include flying pigs. Link to comment Share on other sites More sharing options...
rheinwiese Posted March 7, 2012 Share Posted March 7, 2012 (edited) Pipe dream. Russia is looking to get a race likely in 2014. South Africa is also waiting, and there’s talk of a 2nd Indian F1 track. But an excellent opportunity to clock some taxpayer funded frequent flyer milage for the Thai big wigs and their entourage. Edited March 7, 2012 by rheinwiese 1 Link to comment Share on other sites More sharing options...
Slaps Posted March 7, 2012 Share Posted March 7, 2012 Samui ring road hosts one everyday . Link to comment Share on other sites More sharing options...
rheinwiese Posted March 7, 2012 Share Posted March 7, 2012 prepare lots of $$$ guys: Costs of hosting an F1 GP 1). building an F1 spec race track costs anywhere between U$ 250-300 million. 2) “hosting fees” payable to Formula One Management (Bernie Ecclestone): average of U$ 29 million per year. Link to comment Share on other sites More sharing options...
Payboy Posted March 7, 2012 Share Posted March 7, 2012 Minister of Tourism and Sports Chumpol Silpa-archa I'm guessing its going to be at the Suphanburi buffalo racetrack. Link to comment Share on other sites More sharing options...
bigbamboo Posted March 7, 2012 Share Posted March 7, 2012 Talk is cheap, staging an Grand Prix race isn't. Aside from Prince Bira decades ago Thailand has zero history in Formula One and that won't change any time soon. 1 Link to comment Share on other sites More sharing options...
yorkie100 Posted March 7, 2012 Share Posted March 7, 2012 Is there a track that might be even remotely suitable for F1's in Thailand? I can't really see this getting off the ground, but even if it did, I don't think there would be a 300% increase in tourism ... even for a weekend. Samui ring road-ideal, Used as a race track daily Link to comment Share on other sites More sharing options...
Rooo Posted March 7, 2012 Share Posted March 7, 2012 Samui ring road hosts one everyday . We have the best budding drivers lol, if they live long enough. Link to comment Share on other sites More sharing options...
EvilDrSomkid Posted March 7, 2012 Share Posted March 7, 2012 It would seem that some people have a hard time reading and comprehending the article. "...revealed that a number of companies from the private sector, such as Red Bull, PTT and automobile manufacturers, have shown enthusiasm in co-hosting the event with the Thailand Convention and Exhibition Bureau (TCEB) and the Sports Authority of Thailand (SAT)." So, Public-Private partnership. Of course, should this ever come off the ground, I am as skeptical about this as anyone, it would require a decent track to be built. They could use this for the rest of the year for some proper racing instead of that silliness down in Bang Sean. Plenty of rich people here with Ferraris, Lambos, R8s, whatnot who want to flog their ride and are willing to pay. Link to comment Share on other sites More sharing options...
yorkie100 Posted March 7, 2012 Share Posted March 7, 2012 Samui ring road hosts one everyday Oops, sorry didn't see your post before I replied, but great minds think alike! Link to comment Share on other sites More sharing options...
rfukata Posted March 7, 2012 Share Posted March 7, 2012 with F1 races already held in Malaysia / Singapore - now Thailand, How? First failure; Educate Thai drivers. It should be banned until the traffic mentality is corrected and the level of traffic safety is ultimately standardized. 2 Link to comment Share on other sites More sharing options...
bigbamboo Posted March 7, 2012 Share Posted March 7, 2012 Samui ring road hosts one everyday Oops, sorry didn't see your post before I replied, but great minds think alike! The 'Samui Ringroad Circuit' would be too fast. F1 is very safety conscious these days. 1 Link to comment Share on other sites More sharing options...
EvilDrSomkid Posted March 7, 2012 Share Posted March 7, 2012 First failure; Educate Thai drivers. It should be banned until the traffic mentality is corrected and the level of traffic safety is ultimately standardized. What does this have to do with auto racing? Nothing. Let's not turn this into a topic ranting about Thai traffic habits. Link to comment Share on other sites More sharing options...
miksguevara Posted March 7, 2012 Share Posted March 7, 2012 I would put money on the fact that this is a pipedream maybe one for the future Link to comment Share on other sites More sharing options...
Soutpeel Posted March 7, 2012 Share Posted March 7, 2012 I would put money on the fact that this is a pipedream maybe one for the future ah I see we have a winner on this weeks Thailand's "regional hub of" 1 Link to comment Share on other sites More sharing options...
Sharp Posted March 7, 2012 Share Posted March 7, 2012 Funny F1 and Thailand Link to comment Share on other sites More sharing options...
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