What is GPI?
GPI, or Grand Prix International, is recognized as one of Thailand's leading companies in the motorsports industry. It specializes in organizing prestigious international motorsports events, such as the F1 Grand Prix and MotoGP races. These events attract global audiences and contribute significantly to tourism and local economic activity. In addition to motorsports, GPI has diversified into the automotive retail sector, distributing automotive accessories and performance products, further expanding its business reach.
Financial Performance and Growth
Over the years, GPI has demonstrated strong financial performance, driven by its diversified revenue streams. The company earns substantial income from hosting motorsports events, attracting sponsorships, broadcasting rights, ticket sales, and other related services. The global appeal of motorsports, particularly in Asia, continues to fuel demand for GPI's events.
In addition, the company's retail and distribution business has also seen growth, especially as the automotive market in Thailand and neighboring countries continues to expand. GPI’s ability to balance both event organization and retail distribution has allowed it to maintain a resilient financial position even during times of economic uncertainty. shutdown123