Formula 1 Expands Its Territories in Asia: New Grand Prix, Tracks and Broadcasting Contracts with Asian Media

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Formula 1 has been expanding its presence in Asia over the past decade and has been making great strides in developing new markets, building new tracks and securing new broadcasting agreements. Here’s a rundown of the new Grand Prix races in Asia that are scheduled to take place in the coming years.

New Grand Prix Races in Asia

Singapore Grand Prix Extended to 2028

The Singapore Grand Prix has been extended until 2028, making it one of the longest-standing races in Asia. The race has been held at the Marina Bay Street Circuit since 2008 and is one of the most popular events on the Formula 1 calendar. The race attracts a large number of tourists from around the world, boosting the local economy and creating a festive atmosphere in the city.

New Grand Prix Race in Indonesia

Formula 1 is set to add a new Grand Prix race in Indonesia in 2024, as part of its expansion plans in Asia. The race will be held at a new street circuit in the capital city of Jakarta and is expected to draw a large crowd of local fans. The race is seen as a key strategic move by Formula 1 to tap into the growing Indonesian market and to gain more fans in Southeast Asia.

Japan

Japan is one of the most important markets for Formula 1 in Asia, and the country has a long and proud history in the sport. The Japanese Grand Prix is currently held at the Suzuka Circuit, and there are plans to extend the current contract until 2024. The race is popular with fans from all over the world, and the Suzuka Circuit is widely regarded as one of the most challenging and exciting tracks on the calendar.

Vietnam

Formula 1 made its debut in Vietnam in 2020, with the inaugural Vietnam Grand Prix being held in the capital city of Hanoi. However, due to the COVID-19 pandemic, the race was canceled in 2021 and 2022. Nevertheless, Formula 1 is still keen to expand its presence in Vietnam, and there are plans to hold the race in Hanoi again in the coming years.

Sri-Lanka

Sri Lanka is a new market for Formula 1, and there are plans to hold a Grand Prix race in the country in the near future. The exact location and date of the race have not been confirmed, but it is expected to take place on a street circuit in the capital city of Colombo. The race is seen as a key strategic move by Formula 1 to tap into the growing South Asian market and to gain more fans in the region.

Thailand

Thailand is also a new market for Formula 1, and there are plans to hold a Grand Prix race in the country in the near future. The exact location and date of the race have not been confirmed, but it is expected to take place on a new track that is currently under construction near Bangkok. The track is being designed by the renowned Formula 1 track designer Hermann Tilke, and it is expected to be one of the most challenging and exciting tracks on the calendar.

Laos

Laos is a new market for Formula 1, and there are plans to hold a Grand Prix race in the country in the near future. The exact location and date of the race have not been confirmed, but it is expected to take place on a street circuit in the capital city of Vientiane. The race is seen as a key strategic move by Formula 1 to tap into the growing Southeast Asian market and to gain more fans in the region.

Cambodia

Cambodia is another new market for Formula 1, and there are plans to hold a Grand Prix race in the country in the near future. The exact location and date of the race have not been confirmed, but it is expected to take place on a new track that is currently under construction near Siem Reap. The track is being designed by a team of international experts, and it is expected to be one of the most exciting and challenging tracks on the calendar.

New Tracks in Asia

New Tracks in Asia

Formula 1 is not only expanding its Grand Prix races in Asia but also building new tracks in the region. Here are the new tracks that have been planned or are already under construction:

Hanoi Street Circuit – Hanoi

The Hanoi Street Circuit made its debut in 2020 as the venue for the Vietnam Grand Prix. It is a temporary street circuit, and the track is laid out on the streets of Hanoi’s Nam Tu Liem district. The track is 5.6 km long and features 23 turns, including a long straight that should provide plenty of overtaking opportunities. The track has been praised by drivers for its technical challenges and exciting layout.

Koh Pich ‘’Diamond Island” Circuit – Phnom Penh

The Koh Pich ‘Diamond Island’ Circuit is a new track that is being built in Phnom Penh, Cambodia. The track is located on an island in the Mekong River and is being designed by renowned track designer Hermann Tilke. The track is expected to be 5.5 km long and will feature a mixture of high-speed straights and technical corners.

Ceylon Autodrome – Tissamaharama

The Ceylon Autodrome is a new track that is being built in Sri Lanka. The track is located in the town of Tissamaharama and is being designed by Italian track designer Dromo Circuit Design. The track is expected to be 4.5 km long and will feature a mix of high-speed corners and technical sections.

Port City Circuit – Colombo

The Port City Circuit is a new track that is being built in Colombo, Sri Lanka. The track is located on a reclaimed landmass that is being built as part of the Port City development project. The track is being designed by Hermann Tilke and is expected to be 2.5 km long. The track will feature a mix of high-speed corners and tight hairpins.

Buriram United International Circuit – Buriram

The Buriram United International Circuit is a track that is located in the northeastern province of Buriram, Thailand. The track is 4.5 km long and features 12 turns, including a long straight that should provide plenty of overtaking opportunities. The track has hosted several major racing events, including MotoGP and the World Touring Car Championship.

Sanam Luang Circuit – Bangkok

The Sanam Luang Circuit is a new track that is being built in Bangkok, Thailand. The track is being designed by Tilke Engineering and is expected to be 4.5 km long. The track will feature a mix of high-speed corners and tight hairpins and is expected to provide a challenging and exciting race for drivers and fans alike.

Pha That Luang Circuit – Vientiane

The Pha That Luang Circuit is a new track that is being built in Vientiane, Laos. The track is being designed by Tilke Engineering and is expected to be 4.5 km long. The track will feature a mix of high-speed corners and technical sections and is expected to be one of the most challenging tracks on the calendar.

Nishi-Nihon Circuit – Mine

The Nishi-Nihon Circuit is a track that is located in the city of Mine, Japan. The track is 3.7 km long and features 12 turns, including a long straight that should provide plenty of overtaking opportunities. The track is known for its challenging elevation changes and has hosted a number of major racing events, including Super GT and the All Japan Road Race Championship.

Hokkaido Speedway – Shiraoi

The Hokkaido Speedway is a new track that is being built in Shiraoi, Japan. The track is being designed by Tilke Engineering and is expected to be 4.6 km long. The track will feature a mix of high-speed corners and technical sections and will be located in a picturesque setting surrounded by mountains.

Tokachi International Speedway – Obihiro

The Tokachi International Speedway is a track that is located in Obihiro, Japan. The track is 3.8 km long and features 16 turns, including a long back straight that should provide plenty of overtaking opportunities. The track is known for its challenging layout and has hosted a number of major racing events, including the Super Taikyu Series and the Japan Automobile Federation Formula 4 Championship.

Broadcasting Contracts with Asian Media

Broadcasting Contracts with Asian Media

Formula 1’s expansion in Asia also includes new broadcasting contracts with Asian media companies, ensuring that fans across the region can watch all the action live.

beIN SPORTS

beIN SPORTS has secured exclusive rights to broadcast Formula 1 World Championships in ten territories across Asia. The territories included in the agreement are Hong Kong, Singapore, Malaysia, Brunei, Indonesia, Timor-Leste, Philippines, Thailand, Laos, and Cambodia. The new media rights agreement began in 2023 and has been praised by fans for providing comprehensive coverage of all the races.

New Broadcasting Agreements in Asia

In addition to beIN SPORTS, Formula 1 has also signed new broadcasting agreements with other Asian media companies. These agreements ensure that Formula 1 races are broadcast live across the region and that fans have access to comprehensive coverage of all the action.

The expansion of Formula 1 in Asia is providing an exciting new chapter in the history of the sport. With new Grand Prix races, tracks, and broadcasting contracts, the sport is seeing strong growth in the region and is set to attract even more fans in the coming years.

Betting on Formula 1

Formula 1 is not only a popular sport in Asia but also a popular choice for betting enthusiasts across the region. With the expansion of Formula 1 in Asia, the popularity of betting on the sport is set to grow even further.

Popular Betting on F1 in Asia: Thailand, Taiwan, Singapore & India

Thailand, Taiwan, Singapore, and India are some of the most popular countries in Asia for betting on Formula 1. These countries have a large number of betting enthusiasts who follow the sport closely and place bets on their favorite drivers and teams. Online sports betting Thailand is also gaining popularity, with a growing number of sportsbooks offering markets on the sport.

In Thailand, for example, betting on Formula 1 has seen a surge in popularity in recent years, with a growing number of sportsbooks offering markets on the sport. Taiwan and Singapore are also home to a large number of betting enthusiasts who regularly bet on the races. In India, betting on Formula 1 is also popular, with many online bookmakers offering a range of markets on the sport.

Best Asian Betting Sites for Betting on Formula 1

Several Asian betting sites offer markets on Formula 1 races. Here are some of the best Asian betting sites for betting on Formula 1:

  • iVIP9: iVIP9 is a popular online bookmaker in Asia that offers a wide range of markets on Formula 1 races. The site is known for its competitive odds and user-friendly interface.
  • M88 Mansion: M88 Mansion is one of the largest online bookmakers in Asia and offers a comprehensive range of markets on Formula 1. The site is known for its high-quality live streaming and in-play betting options.
  • 22Bet: 22Bet is a popular online bookmaker in Asia that offers a range of markets on Formula 1 races. The site is known for its competitive odds and user-friendly interface.
  • Dafabet: Dafabet is a popular online bookmaker in Asia that offers a wide range of markets on Formula 1. The site is known for its high-quality live streaming and in-play betting options.

These are just a few of the best Asian betting sites for betting on Formula 1. With the expansion of the sport in Asia, there are sure to be even more betting options available in the coming years.

What Does It Mean to Expand Formula 1 in Asia? – for Formula 1

The expansion of Formula 1 in Asia means that the sport is tapping into new markets and reaching new fans. The addition of new Grand Prix races, tracks, and broadcasting contracts is helping to broaden the appeal of the sport and make it more accessible to fans across the region. It also means that Formula 1 is positioning itself as a global sport, with a presence in some of the world’s largest and most dynamic markets.

For Formula 1, expanding in Asia is a strategic move that is designed to drive growth and increase the sport’s global reach. The expansion is part of a broader effort to modernize and evolve the sport, making it more accessible, exciting, and relevant to fans around the world.

What Does It Mean to Expand Formula 1 in Asia? – for Asia

The expansion of Formula 1 in Asia is a significant development for the region, as it means that fans across Asia will have greater access to the sport and its events. The addition of new Grand Prix races and tracks means that fans in Asia will have more opportunities to experience the excitement and spectacle of Formula 1 racing up close.

The expansion of Formula 1 in Asia is helping to boost the local economies of the countries hosting races and events. The sport is generating new jobs, driving tourism, and contributing to the development of local infrastructure and amenities.

For Asia, the expansion of Formula 1 is a sign of the region’s growing importance on the global stage. It is an opportunity to showcase the region’s culture, innovation, and dynamism to the world, and to position Asia as a hub of sporting excellence and innovation.

Conclusion

The expansion of Formula 1 in Asia is a significant development for both the sport and the region. It is helping to broaden the appeal of the sport and make it more accessible to fans around the world, while also boosting the local economies of the countries hosting races and events.

As Formula 1 continues to expand in Asia, it is set to become an even bigger part of the sporting landscape in the region. It is an exciting time for the sport, and for the millions of fans across Asia who are passionate about Formula 1 racing.

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