'MotoGP' is economically worthwhile, Thailand hopes new contract will provide...

bristikhatun88

"Suang" reveals that Thailand will not back down from negotiations to buy the "MotoGP" hosting license, but for 7 years, it is a regular customer, requesting additional special privileges, accepting that the big motor sport event is economically worthwhile.
Advertisements
arrow_forward_iosRead more
Pause


00:00
00:09
00:30
Mute

Powered by
GliaStudio
Revealed that negotiations are rcs data israel underway with F1, hoping to organize 2 world-class events in Thailand to create the country's image and stimulate the economy.

8 years with Thailand hosting the world motorcycle championship race "MotoGP" from 2018-2025 with the government contributing 300 million baht in royalties (license) or 100 million baht per year from the full license value of 900 million baht, which is owned by  "Dorna Sports Group".  The contract was renewed again for the 2021-2025 competition, a total of 5 years, with a budget supporting the license fee of 900 million baht or 200 million baht per year from the full license value of 1,800 million baht.

Related content
'Haier' makes major adjustments, joins forces with Bambam to penetrate luxury electrical appliances group
'Haier' makes major adjustments, joins forces with Bambam to penetrate luxury electrical appliances group
Mar 06, 2025 | 11:40
BOI joins hands with Taiwan PCB Association to attract major investment, reveals 3 years will attract over 200 billion
BOI joins hands with Taiwan PCB Association to attract major investment, reveals 3 years will attract over 200 billion
Mar 06, 2025 | 9:51
Pita says Thailand risks being on Trump's tariff radar, suggests learning from India
Pita says Thailand risks being on Trump's tariff radar, suggests learning from India
Mar 06, 2025 | 9:08
A hot issue arose when the headmaster of the Bhumjaithai Party,  "Newin Chidchob",  posted a message on Facebook "Uncle Newin" to the government that it will not renew the contract for the MotoGP competition again. In 2026, it will be the last competition in Thailand. He also lamented that he "felt regretful" because for a world-class big event, "the government invests no more than 500 million baht per year". There are private companies supporting no less than 300 million baht per year, but it creates more than 5,000 million baht in circulation, promotes businesses, and stimulates the economy.

'MotoGP' is economically worthwhile, Thailand hopes new contract will provide more privileges