Thailand was confident the country would host its first Formula One race in 2014.

But the country was still looking for a suitable venue as an existing track in the seaside resort of Pattaya.

The race is likely to be held at night as in Singapore, where Thai officials met Formula One supremo Bernie Ecclestone late last month.

The move would mark a new milestone in F1's drive into Asia, where Singapore, Malaysia, China, South Korea, Japan and India will all host races next year according to the FIA schedule announced on Friday.

Formula One driver Mark Webber was greeted by an estimated crowd of more than 100,000 people when he raced a show car through the streets of Bangkok in December 2010 as part of birthday celebrations for the Thai king.
Webber's team is owned by and named after Red Bull, manufacturer of the popular energy drink that originated in Thailand. The outfit has won Formula One's last two drivers' and constructors' championships, in 2010 and 2011.