'MotoGP' is economically worthwhile, Thailand hopes new contract will provide...
"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
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Revealed that negotiations are 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 rcs data israel 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.
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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.
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