Jet Ski Championship Targets 1 Billion Baht Economic Boost for Thailand

Thailand's jet ski model is advancing national economic benefits through sport development, with WGP#1 spending seven years building intellectual property to become a global game operator and generate comprehensive benefits for Thai athletics. WGP#1 chairman Parikhad Suepsahakarn revealed that the world jet ski championship's opening round in Bulgaria achieved significant sports marketing success, with WGP#1 creating premium content for global audiences. Government officials and local authorities welcomed the event as hosts, marking a new era where Thailand owns a world sport rather than merely sending competitors.

Owning global sports intellectual property, or Thai-Global Sport IP, enables comprehensive Thai sports development including tournament quality, athlete skill development, world-class reputation, and professional international recognition. The strategy generates sports export industries, media prominence, and aims to create 1 billion baht in economic value for Thailand's Pattaya World Cup tournament by 2027. The approach requires building international credibility and recognition among global sports communities, as international athletes traditionally trust European and American standards.

Importing global athletes requires over 3,000 international team members spending an average of 175,000 baht per person, generating substantial foreign currency inflow. Spectators, fans, and sports enthusiasts from the global jet ski community further boost economic returns, demonstrating how the jet ski model transforms a niche sport into substantial national benefit. Thai sports must excel on the world stage and develop intellectual property to build genuine strength.