Thailand is ready to stage its first MotoGP race in Buri Ram next week, organisers said on Monday.
The inaugural PTT Thailand Grand Prix will be held at Chang International Circuit in the northeastern province from Oct 5-7.
Tourism and Sports Minister Weerasak Kowsurat told a press conference that more than 100,000 tourists are expected to visit the country and the province during the event.
"We are ready to take care of participants, fans and Thai and foreign tourists who will visit Buri Ram,'' he said.
"The event is expected to generate billions of baht."
He claimed the event will be watched on TV by some 800 million people worldwide.
"This is an important step for Thailand to show it can host a world-class sporting event," Weerasak said.
Thailand has secured the rights to stage the MotoGP for three years.
Ruj Saeng-udom, deputy governor of the Sports Authority of Thailand, said the SAT, as the main organiser, will do its best to make the event a success.
"This is an opportunity for our country to earn global recognition. The Thailand Grand Prix will put the country on the global motorsport map. It will also help promote Thailand's tourism and economy and make the country a world-class sports destination," he said.
Buri Ram governor Anusorn Kaewkangwan said: "We have prepared everything for the convenience of a large number of visitors who will flock the province."
Tanaisiri Chanvitayarom, managing director of Buri Ram International Circuit Co which owns Chang International Circuit, said the company has been working hard with parties concerned to ensure that every thing is in top condition during the race week.
During the event, there will also be several activities including a Muay Thai Expo featuring legendary fighters Samart Payak-aroon and Somluck Kamsing, and concerts by Waan Thanakrit, Atom Chanakant, Getsunova and BNK48.