This non-eu country has serious intentions to host the next F1 race as of 2028

Is Formula 1 set to land in another non-European country in less than three years? Apparently, yes, according to the latest reports.

According to Tourism Minister Sorawong Thienthong, the Thai cabinet has approved a hefty $1.23 billion bid (40 billion baht) to host a Formula 1 race in Bangkok starting in 2028. If officially confirmed, the Grand Prix will once again take place on a street circuit, weaving through the streets of Thailand’s capital.

"In the next 2-3 years, Thailand will have world-class competition, which we never thought would actually happen in Thailand," government spokesperson Jirayu Houngsub said on the matter. 

If the deal goes through, Thailand would secure a four-year contract, with the race kicking off in 2028 as previously announced and running at least until 2032.

Just a few months ago, Formula 1 CEO Stefano Domenicali visited Thailand to assess the feasibility of the project, which now appears to be gaining increasing momentum.

The current calendar already features four races in Asia, including China, Japan, Saudi Arabia, and Singapore, with the latter two taking place under the lights.

At least for now, Formula 1 has not issued any official comments on the matter.