South Korea looks to return to Formula 1 with a proposal for an Incheon street race.

      "A pivotal chance to boost Incheon’s urban competitiveness"

      South Korea is once more looking to re-enter the Formula 1 calendar, as a new street race initiative in Incheon is gaining traction. The Incheon Ilbo, a local South Korean newspaper, reports that a financial feasibility study has already approved the proposal. The plan focuses on a 4.96-kilometer street circuit surrounding Songdo Moonlight Festival Park, designed to accommodate top speeds of up to 337kph, with the potential to draw in 300,000 to 400,000 attendees per event. Mayor Yoo Jeong-bok stated, "Incheon is the ideal location for hosting F1," calling it "a decisive opportunity to enhance Incheon’s urban competitiveness and global presence." However, the proposal faces political opposition, with critics labeling it as a "showcase administration" and a "vision lacking substance." According to Auto Motor und Sport, the Incheon project represents the latest effort in a series of Korean attempts to bring back Formula 1 after the Yeongam race ended in 2013. The German publication observes that while there is still considerable interest in Asia, Formula 1 has grown increasingly cautious regarding new venues. A tentative launch in 2028 is being discussed, but there are currently no formal negotiations underway with Formula 1 management. Importantly, no new races are anticipated to be added to the calendar in 2027, as existing rotation plans—which may see Portimao take the place of Zandvoort—are already prioritized.