Formula One Expands Its Global Reach: Potential New Venues Emerge
Global Interest in Formula One
Formula One, the premier open-wheel racing championship, is witnessing a surge in popularity, and its president and CEO, Stefano Domenicali, is keen to capitalize on this trend by exploring new markets. In a recent interview with Sky Sports, Domenicali revealed that he will be traveling to Bangkok next week to discuss the possibility of hosting a Formula One race in the Thai capital.
Expanding the Schedule
The majority of the 24-race schedule is already locked in for several years, but the Dutch Grand Prix at Zandvoort is guaranteed only until 2026. The Belgian Grand Prix, which has been a staple of the calendar, has struck a deal to remain on the schedule for four out of six years from 2026-2031. This has created an opportunity for new venues to join the circuit.
Thailand’s Interest in Hosting a Formula One Event
Thailand is one of several countries eager to join the F1 circuit. In April last year, Thai Prime Minister Srettha Thavisin hosted Domenicali to pitch the government’s vision of bringing a grand prix to the city. Thai officials envision a street circuit, possibly around the historic center of Bangkok, as the venue for the event.
Other Potential Venues
Historic hosts France and Germany are seeking to return to the F1 calendar, while the Turkish Grand Prix, last held in 2021, is a strong contender to fill one of the vacant slots. Outside Europe, Rwanda is planning to build a new circuit near the capital, Kigali.
The Asia-Pacific Region’s Representation
The Asia-Pacific region currently hosts four races – in Australia, China, Japan, and Singapore. With the growing popularity of Formula One, it is likely that more countries in this region will be interested in hosting a grand prix in the future.
Conclusion
Formula One’s expansion into new markets is an exciting development for the sport, offering opportunities for fans in different parts of the world to experience the thrill of a Formula One event. As the sport continues to grow in popularity, it will be fascinating to see which new venues emerge as potential hosts for future grand prix.
Frequently Asked Questions
Q: What is the current state of the Formula One schedule?
A: The majority of the 24-race schedule is already locked in for several years, but the Dutch Grand Prix at Zandvoort is guaranteed only until 2026.
Q: What is the Belgian Grand Prix’s future status on the schedule?
A: The Belgian Grand Prix has struck a deal to remain on the schedule for four out of six years from 2026-2031.
Q: Which countries are interested in hosting a Formula One event?
A: Thailand, France, Germany, and Turkey are among the countries showing interest in hosting a Formula One event. Rwanda is also planning to build a new circuit near Kigali.