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techkenyot.com November 16, 2018


Hanoi to host Formula 1 race from 2020

09 November 2018, 03:03 | Henrietta Morgan

Vietnam to stage F1 street race from 2020

Track Edit- HD- ENG

Vietnam will join Singapore, China, and Japan in becoming the fourth Asian country with its own GP and the second in the region, after Singapore, to hold the race on a street circuit. The track will be a 3.46-mile street circuit in the Vietnamese capital.

Formula 1 has confirmed that Vietnam will feature in the 2020 calendar.

Chase Carey, chairman and chief executive of Formula 1, said Hanoi was a prime example of new destination cities for the sport to be able to reach new markets and broaden its global appeal.

More prominent than this collection of borrowed corners, however, is the set of straights, the longest of which is 1.5km in length and should see speeds of up to 335kph. "This is the ideal formula for grand-prix, racing and I look forward to this becoming a real highlight of the F1 calendar".

"The race is also an important part of our broader strategy to grow our sport in Asia, and clearly Vietnam is a driving force for the growth in Asia", he added.

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"Our Motorsport team has worked to enable a circuit that will not only test the drivers but also ensure that our fans enjoy the racing spectacle".

That's right-Formula 1 is heading to Vietnam.

Organisers are hoping to tap into the mushrooming middle class in Vietnam, one of Asia's fastest-growing economies, and win hearts among the wealthier sports fans, who traditionally make up F1's fan base.

"Hanoi has signed a 10-year contract, starting from 2020, with the F1 Group", chairman of the Hanoi People's Committee Nguyen Duc Chung said at a press briefing on Wednesday.

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"It provides an opportunity for inward investment to Vietnam and importantly to bring the exciting wheel to wheel racing of Formula One to the people of Vietnam".

The Vietnamese capital will host a stop for the Formula One Grand Prix from April 2020, according to the organization of motor racing together with local authorities.

Daniel Ricciardo in action at Silverstone.

Vietnamese officials see the race as an opportunity to boost both domestic and worldwide tourism, while Vingroup sees it as a chance to tell the world about its own car-manufacturing ambitions.

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