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900 million budget for MotoGP gets Cabinet nod

Jack Burton

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900 million budget for MotoGP gets Cabinet nod | The Thaiger
PHOTO: Golden Voice Club
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The Cabinet today gave the green light (pun intended) to the Tourism and Sports Ministry’s proposal to earmark 900 million baht for MotoGP race from 2021-2025. The ministry predicts the races will generate at least 3 billion baht in revenue.

The licences for holding the motorbike races cost the government 100 million baht annually. Authorities paid 300 million for licences acquired between 2018, (when the track opened in the northeastern Buriram province) and 2020, the first of which earned huge praise – and profits.

MotoGP fans were disappointed this year though when, despite earlier assurances, the 2020 race was “postponed indefinitely” due to the Covid-19crisis.

According to the MotoGP website, the Thailand Grand Prix is still been suspended and most tournaments between July and November will be held in Europe.

SOURCE: Nation Thailand

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Jack Burton is an American writer, broadcaster, linguist and journalist who has lived in Asia since 1987. A native of the state of Georgia, he attended the The University of Georgia's Henry Grady School of Journalism, which hands out journalism's prestigious Peabody Awards. His works have appeared in The China Post, The South China Morning Post, The International Herald Tribune and many magazines throughout Asia and the world. He is fluent in Mandarin and has appeared on television and radio for decades in Taiwan, Mainland China, Hong Kong and Macau.

1 Comment

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    Toby Andrews

    July 8, 2020 at 6:26 pm

    Yes a good job for those boy racers everyone complains about, but will there be tourists to pay to see them.
    I mean foriegn tourists who will pay the foriegners’ price?

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