Thailand's cabinet has approved a $1.2 billion bid to host a Formula One street race in its capital Bangkok in 2028, government officials said on Tuesday. If successful, the Thai capital would win a contract to host a race each year from 2028 to 2032,

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Thailand's cabinet has approved a $1.2 billion bid to host a Formula One street race in its capital Bangkok in 2028, government officials said on Tuesday.

If successful, the Thai capital would win a contract to host a race each year from 2028 to 2032. Read more at straitstimes.com. Read more at straitstimes.com.