Hanoi to Host Formula One’s First Race in Vietnam in April of 2020
Hanoi to Host F1 Round
Start your engines, because Formula One racing is coming to Hanoi! To be known as The Vietnamese Grand Prix, the race will be added to Formula One’s calendar scheduled for April 2020, according to CNN.
Vingroup and F1 Join Forces
Vingroup, which is controlled by property developer, and Vietnam's first billionaire, Pham Nhat Vuong, is hosting the race as part of a multi-year deal with sports owner Formula One in a bid to broaden the series’ appeal by creating events in new locations around the globe.
Image source: crash.net
F1's chief executive Chase Carey told CNN, "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 realisation of that ambition".
Nguyen Duc Chung, Chairman of the city of Hanoi, proudly stated, “It’s a further demonstration of Vietnam’s ability, as one of the fastest growing economies in the world, to host events on a global scale and attract tourism to the country. It provides an opportunity for inward investment to Vietnam and importantly to bring the exciting wheel to wheel racing of Formula 1 to the people of Vietnam”, as reported on the F1 website.
Nguyen Viet Quang, Vice-Chairman and CEO of Vingroup, added,"We are excited to see that our work with Formula One to secure this deal has finally come to fruition. 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 One fans in Vietnam and around the world”, as reported by ESPN.
Only the Fourth Street Race in F1 History
Vietnam’s is the fourth and newest addition to the Asian leg of F1’s calendar, which already includes China, Singapore and Japan. The race will be F1’s fourth street race, following the iconic Monaco race, Singapore and Azerbaijan.
The Vietnamese Grand Prix is the first new race to be announced since Liberty Media purchased the F1 organisation in a US$4.6 billion deal in early 2017.
The track being proposed in Hanoi will be 5.565km in length and will feature over 22 turns in a unique hybrid design which will combine street racing and a countryside track. According to the F1 website, "The aim was to create a unique hybrid layout, fusing a street circuit's characteristics with a permanent countryside track layout within the confines of the city's topography”. One of the track’s straightaways will be 1.5km in length and will enable cars to reach speeds of over 300 km/h, according to the BBC.
Image source: theweek.co.uk
Formula One also stepped up its promotion game this year by hiring Bryan Tyler, the Emmy-nominated composer who scored the “Fast and the Furious” franchise to compose the organization’s official theme song.
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