22:37 (GMT +7) - Friday 16/11/2018

Vietnam Today

Hanoi to host Formula 1 Grand Prix from 2020

Released at: 18:09, 08/11/2018

Hanoi to host Formula 1 Grand Prix from 2020

Photo: Formula 1

First Vietnamese Grand Prix to be held on capital's streets in April 2020.

by Doanh Doanh

Formula 1 and Hanoi announced on November 7 that a Grand Prix will be held in the capital from April 2020.

As the first new race to be announced under the ownership of Liberty Media, the Vietnamese Grand Prix represents Formula 1’s firm commitment to the Asia region, where races are already well established in Singapore, China, and Japan.

It also forms part of Formula 1’s long-term strategy to broaden the appeal of the sport and to reach new audiences around the globe.

The Hanoi race promoter, Vingroup, has signed a multi-year deal to host the Grand Prix, which will begin as a thrilling street race in the heart of the city.

Since we became involved in this sport in 2017, we have talked about developing new destination cities to broaden the appeal of Formula 1, and the Vietnamese Grand Prix is a realization of that ambition,” said Mr. Chase Carey, Chairman and Chief Executive of Formula 1. “We are thrilled to be here in Hanoi, one of the most exciting cities in the world right now, with such a rich history and an incredible future ahead of it. This is the perfect formula for Grand Prix racing and I look forward to this becoming a real highlight of the F1 calendar.”

He added that Formula 1’s Motorsport team, working in collaboration with Hanoi and Vingroup, has worked to enable a circuit that will not only test drivers but also ensure that fans enjoy the racing spectacle. “We are really looking forward to seeing Formula 1 cars speeding around the streets of this fantastic city from 2020,” he said.

Working in close collaboration with Hanoi authorities, Vingroup, and Formula 1’s Motorsport team, the 5.565km track will deliver an exciting racing experience for drivers as well as fans.

To celebrate the launch of the race, Mr. Carey joined Hanoi leaders and Vingroup as part of a grand ceremony on November 7 at Hanoi Citadel, one of the city’s most iconic landmarks.

Fans also have the unique opportunity to win the very first two tickets to Hanoi’s inaugural Grand Prix in 2020.

“We are excited to see that our work with Formula 1 to secure this deal has finally come to fruition,” said Mr. Nguyen Viet Quang, Vice Chairman and CEO of Vingroup. “An essential part of this collaboration has been making sure that we not only showcase the city of Hanoi but also deliver an exciting race for Formula 1 fans in Vietnam and around the world.”

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