F1: Vietnam To Host Formula One From 2020

Formula One World Championship

Formula One World Championship

Vietnam's Hanoi capital will host Formula One (F1) vehicle race for the first time in April 2020, the municipal authorities announced on Wednesday. The first year here was quite hard but it has been improving over time.

"On ongoing negotiations and discussions, we've said in the past this is a sport that seems to like negotiating in public", he said.

Silverstone has been the home of the race since 1987, having alternated with Brands Hatch for more than two decades before that, and is the only current British track capable of hosting F1.

Success also hinges on a passionate motorsports culture that does not yet exist in Vietnam, where most people drive motorbikes instead of cars. The track consists of 22 turns, stretches for 5.565 km (3.457 miles) and takes inspiration from a selection of racetracks around the world.

The organizing cost will be paid by the private sector, represented by Vietnamese multi-sectoral firm Vingroup, he said.

"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".

"I think everybody in Miami thought it was a great experience, there was great energy, great excitement, 80,000 people, and nearly all the comments we got were positive and excited about it", said Carey.

F1 organisers in Malaysia are all too familiar.

In an interview, Bratches was asked about the future of Silverstone relating to F1's decision into introducing new races instead of preserving heritages races after the announcement received mixed reactions.

He hopes to rope in younger fans by promoting F1's digital media - including its eSports world championship rolled out a year ago - and is trying to groom more Asian and female racers to diversify its audience.

Formula One boss Chase Carey said some past flops might have come from near-sighted planning, which he hopes to avoid.

But the bottom line for many is to provide a spectacle that will keep audiences coming back for more.

Earlier this week Liberty Media announced that Vietnam would join the calendar in 2020 with a street race.

"You've got macro parties and micro parties that are interested".