Thailand Secures Five-Year MotoGP Hosting Deal with 4-Billion-Baht Cabinet Approval

BANGKOK – The Thai Cabinet has greenlit a substantial 4-billion-baht budget to secure the country’s position as a premier host for international motorsports. The funding, approved for the Ministry of Tourism and Sports, will underwrite Thailand’s hosting of the MotoGP World Championship for a five-year period from 2027 to 2031.

OR Thailand MotoGP Grand Prix Returns to Buri Ram

The announcement was made by Aiyarin Phanrith, deputy spokesman for the PM’s Office, who emphasized the global significance of the event. She noted that MotoGP is one of the world’s most-watched sporting spectacles, drawing an estimated 800 million viewers across 207 countries.

This new contract builds upon Thailand’s successful track record with the event. The kingdom has hosted MotoGP at the Chang International Circuit in Buri Ram since 2018, with the current agreement extending through 2025. Ms. Aiyarin highlighted that these past events have proven highly lucrative, generating approximately 25 billion baht in revenue from tourism and related businesses. She stated that Thailand has unequivocally demonstrated its capability to organize world-class sports competitions over the past five years.

Thailand to Host MotoGP for 5 More Years

The new hosting rights were secured by the Sports Authority of Thailand through a contract extension with Dorna Sports, the commercial rights holder of MotoGP. The approval solidifies the continued presence of elite motorcycle racing in Buri Ram for the foreseeable future, promising sustained economic and promotional benefits for the country.

-Thailand News (TN)

Leave a Reply

Your email address will not be published. Required fields are marked *

george


Thailand News delivers the latest updates and in-depth coverage on all things Thailand. We offer a wide array of topics, including breaking news, politics, tourism, business, culture, lifestyle, and entertainment. Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.