First Vietnamese Grand Prix confirmed for 2020 F1 season

Jose Verdugo
Noviembre 8, 2018

Its CEO Nguyen Viet Quang said: "Vingroup wants to bring this race to Vietnam because of the general benefits to the society such as more jobs will be created, the infrastructure of Hanoi will be upgraded, and other bigger worldwide events will be encouraged to take place in Vietnam".

Silverstone, meanwhile, agreed a 17-year British Grand Prix contract in 2009, though had the ability to exercise a break clause mid-2017 that meant it would stop hosting duties after 2019.

Formula 1 organizers together with Hanoi city officials announced Wednesday plans to host the first Vietnamese Grand Prix in 2020.

Formula 1 chairman and chief executive Chase Carey says the addition of Hanoi fits Liberty's vision of increasing the number of races in or close to major cities.

F1 race director Charlie Whiting visited the site ahead of this year's Japanese Grand Prix to offer his initial assessment on the design and work in progress. I'm talking about the Silverstones, the Spas, the Monzas of this world.

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"We're a 68-year-old entity and the nature of grand prix racing is that it is dynamic", he said in an F1 press release.

"The third segment features purpose-built facilities such as Shanghai, Austin, Texas and Bahrain".

"Historically Formula One has been very reactive in terms of people coming to them, but we have been more proactive, going to markets that we think are aligned with our brand values and which provide the opportunity to engage fans in new ways".

"We are delighted to announce that Hanoi will host a Formula 1 Grand Prix", Carey said. A street circuit is a great way to do that.

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