Cabinet okays Bt900m budget for MotoGP tournaments

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Cabinet okays Bt900m budget for MotoGP tournaments

By THE NATION

 

 

The Cabinet on Wednesday (July 8 ) gave the green light to the Tourism and Sports Ministry’s proposal that Bt900 million be earmarked for the MotoGP 2021-2025 tournaments.

 

The ministry estimates that the tournaments will generate revenue of at least Bt3 billion. 

 

The licences for organising the motorbike races cost the government Bt100 million a year. The authorities have paid Bt300 million so far for licences acquired between 2018 and 2020.

 

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

 

Source: https://www.nationthailand.com/news/30390962

 

-- © Copyright The Nation Thailand 2020-07-08

 

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[KhunKenAP]

The track owner who is part of the government is happy.

[ThailandRyan]

But not red cent for the unemployed and laid off from Covid and the shutdown by the Government.  Who the f is going to go to those events and where the f is that money going to go to.  The f ing rich get richer and the poor get poorer and more suicides and death occurs because this government does not care 1 bit for the people in the country....sheesh.

[mrfill]

Good of them to dig out a picture from a different series....  Those are World Superbikes, not Motogp.

[smutcakes]

Nice little earner for Newin and his band of crooked men. Keep the Bhumjumthai Support rocking.