July 29, 2021

Formula 1 bring a new GP to Vietnam from 2020 – The Province

Formula 1 bring a new GP to Vietnam from 2020 - The Province

Formula 1 announced on Wednesday the new Vietnam Grand Prix, which will join the competition calendar from April of the year 2020 with an urban circuit in Hanoi, capital of the country, and that aims to "broaden the appeal of Formula 1".

"Since we got involved in this sport in 2017, we have tried to promote the development of new destination cities to expand the appeal of Formula 1 and the Vietnam Grand Prix is ​​an achievement of all that ambition," said the president of the F1, Chase Carey, in a statement issued on the World Cup website.

This is the first new race announced since the Liberty Media group became the largest shareholder of Formula 1 and with the Grand Prix of Vietnam they want to maintain the firm commitment of the competition with Asia, where the races in Singapore, China and Japan are already well established in the calendar.

It is also part of the long-term strategy formulated by Formula 1 to expand the appeal of sport and reach new audiences around the world. "We are delighted to be here in Hanoi, one of the most exciting cities in the world at the moment, with such a rich history and an incredible future ahead of us." This is the perfect formula for racing and I hope the Vietnam Grand Prix will be become a real point of importance in the F1 calendar, "added the US executive.

The promoter group Vingroup of Hanoi has signed a multi-year agreement to organize the Grand Prix, which will be an urban race in the heart of the city. The 5,565 km track will offer an exciting racing experience for both drivers and fanss.

"With the mission of getting a better life for the Vietnamese, Vingroup wants to take this race to Vietnam for the general benefits for society, as more jobs will be created and the Hanoi infrastructure will be improved. In addition, through this Formula 1 event, we will inaugurate the first Vietnamese car manufacturer, VinFast, to millions of audiences in the world, "said Vingroup Vice President and CEO Nguyen Viet Quang.


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