Following the successful return of the Grand Prix in China, Formula 1 is considering expanding its presence in the Asian sector. Liberty Media CEO, Greg Maffei, sees potential in several Southeast Asian countries, all of which are eager to host a race on their home turf. According to Maffei, Thailand, South Korea, and Indonesia have already expressed interest in organizing a Grand Prix.
During the race weekend in Monaco, Maffei discussed the possibilities for Formula 1 in Asia. The success of the Chinese Grand Prix proved that there is a growing demand among Asian fans for local events. “The race in China was hugely successful,” said Maffei. “There is so much recognition when you have a driver from a particular country,” he referred to Zhou Guanyu, the first driver to race in Shanghai on his home ground.
Thailand, South Korea, and Indonesia
“However, beyond China, there is much more interest in Formula 1 in Asia,” the American continued. “Thailand, Seoul, and also Indonesia are all interested. We look at where our fans are, where a good race can be run, and who can afford a Grand Prix,” he explained. “Based on that, I think there is easily room for another race in Southeast Asia.”
Formula 1 CEO Stefano Domenicali was a guest in Bangkok at the end of April to discuss a street race in the Thai capital with the prime minister. Meanwhile, a new Formula 1 circuit is being built in South Korea. The country has already hosted a race four times – between 2010 and 2013, the Korean International Circuit was a regular stop for the drivers.
