Government Commitment

Prime Minister’s Stance

Prime Minister Paetongtarn Shinawatra has confirmed ongoing negotiations to extend Thailand’s MotoGP contract beyond 2026. The government is carefully evaluating the economic and image benefits of hosting the prestigious event at the Chang International Circuit in Buri Ram.

Economic Impact

Revenue Generation

The 2025 MotoGP event in Thailand attracted 224,634 spectators and generated an impressive 5.043 billion baht in spending across Buri Ram and nearby provinces. This significant economic boost has become a key factor in the decision-making process for contract renewal.

Global Exposure

Viewership and Promotion

MotoGP provides Thailand with substantial global exposure, with nearly one billion viewers tuning in via live broadcasts to more than 200 countries. This international visibility has elevated the Chang International Circuit to world-renowned status.

Negotiations and Challenges

Financial Considerations

The government is seeking to negotiate better terms with Dorna Sports, the commercial rights holder of MotoGP. Current estimates suggest an annual investment of 500 million baht from the government, with an additional 300 million baht from private sponsors.

Future Prospects

Potential for Formula One

While focusing on MotoGP extension, Thailand is also exploring the possibility of hosting a Formula One race. This dual-event strategy aims to further boost the country’s status in global motorsports.

Political Landscape

Stakeholder Involvement

The negotiations have sparked discussions among key figures, including former prime minister Thaksin Shinawatra and Newin Chidchob, chairman of the Chang International Circuit. However, officials maintain that talks are primarily focused on the event’s national benefits.

Public Opinion

Mixed Reactions

The potential contract extension has garnered mixed reactions from the public, with some questioning the long-term benefits of hosting such events, while others see it as a valuable investment in Thailand’s sporting culture and tourism industry.

You May Also Like

Thailand’s Cannabis Industry Faces Uncertain Future

Government Moves to Recriminalize Cannabis New Regulations Shake Billion-Baht Industry Thailand’s thriving…

MRT Pink Line Extension Set to Launch in June 2025

Update on the MRT Pink Line Extension Progress Transport Minister Provides Key…

“Thai PM Urges Swift Budget Spending to Boost Economic Growth”

PM Paetongtarn Shinawatra Calls for Accelerated Budget Disbursement Investment Budget Spending Falls…

Thailand Bolsters Whistleblower Rights with New Anti-Corruption Law

Landmark Legislation Targets Corruption Fighters New Law Takes Effect June 5, 2025…