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Thailand wants in on the F1 action

Thailand wants in on the F1 action

Citing the success of Malaysia and Singapore's Grand Prix races, officials in Bangkok are keen to host an F1 event
Red Bull F1Last year’s demo by a Red Bull Formula 1 car on Bangkok streets attracted over 150,000 spectators, leading the TCEB to consider the potential success that could come with holding an F1 race.

Tired of watching Southeast Asian counterparts Malaysia and Singapore enjoy the tourism cash that comes with hosting a Formula 1 Grand Prix race, Thailand is looking at hosting its own F1 event.

According to a report in the Bangkok Post, the Thailand Convention & Exhibition Bureau (TCEB) plans to ask experts to help estimate the revenue the country could receive from staging an F1 race. 

"Building an F1 circuit is very costly but it would be useful after the races end," TCEB president Akapol Sorasuchart was quoted by the Post. "I think that street racing is interesting for Thailand because it involves lower investment. A good location would be Ratchadamnoen Avenue because it has a good atmosphere."

More on CNNGo: Singapore F1 2011: Super fast cars and a multi-million dollar entertainment lineup

Singapore’s 2011 Formula 1 Grand Prix race takes place from September 23-25 and includes performances by Linkin Park, Shakira, Shaggy and Rick Astley.

For the latest on Singapore’s Formula 1 Grand Prix, check out CNNGo's Singapore F1 section, which will be updated regularly.