Korea Delivers Letter of Intent to Rejoin F1 Calendar

Korea has taken initial step toward returning to Formula 1’s calendar.

Korea hosted a round of the championship between 2010 and 2013, at a purpose-built circuit near Mokpo, in the south west of the country. The intention was to construct a city around the circuit, making it an attractive destination, but such plans from the regional government never came to pass.

It was an unpopular and unprofitable event in an awkward location, hence its brief four-year stay, and its loss was not mourned.

Korea has been linked with a comeback for a while, with the city of Busan initially mooted, and the mayor of Incheon, Yoo Jeong-bok, visited Suzuka and met Formula 1 CEO Stefano Domenicali, to deliver a letter of intent.

Authorities in Korea are intrigued by the prospect of holding an event in the Incheon district that is very close to capital city Seoul. A date of 2027, or 2026 at the earliest, would be a likely starting point and it is expected that it would be a street-style event.

No new round is expected to join Formula 1’s 2025 calendar.