Wednesday, 21 November, 2018

Vietnamese Formula 1 Grand Prix Confirmed For 2020 In Hanoi

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Sidney Guerrero | 10 November, 2018, 14:17

Only Monza and Monte Carlo have hosted more grands prix than Silverstone, where the very first World Championship race was held in 1950.

Vietnam's Hanoi capital will host Formula One (F1) auto race for the first time in April 2020, the municipal authorities announced on Wednesday.

The British Grand Prix could move away from Silverstone in an attempt to prevent the event from disappearing off the Formula 1 calendar says commercial managing director Sean Bratches.

"With the mission of "a better life for Vietnamese people", 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", he added.

Lewis Hamilton is unsure whether the addition of the Vietnam Grand Prix is necessary in a Formula One calendar already standing at 21 races. We'll continue to develop those options, and make sure we are able to make the best decisions for fans and for racing and for us as a business.

Bratches reminded fans that the British Grand Prix hasn't always been held at Silverstone, having previously being held at different venues in the past and states the importance of business interests.

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Silverstone's hand has been strengthened by several public statements from F1's bosses promising they would preserve "heritage races", but Bratches has revealed that the sport is not afraid of replacing some of its most iconic venues.

"We look at it in three ways", Bratches said. Firstly, we want to preserve the heritage races, they are very important to Formula 1 and they are very important to fans. "I think that if you are not in Ferrari or Mercedes, winning the world title is a bit hard", he told Efe news here. "The race is also an important part of our broader strategy to grow our sport in Asia, and clearly, Vietnam is a driving force for the growth in Asia".

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

Hanoi promoter, Vingroup, has signed a multi-year deal with F1 to host the race, which will be a street race through the heart of the capital city.

"Beyond that we are looking to identify further street races, so this race is a further step in terms of our vision".

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