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Hanoi to host Formula 1 race from 2020

IANS  |  Bangkok 

The Vietnamese capital city of will be the venue of a from April 2020, the organisation and city authorities said on Wednesday.

The announcement is the first new race to be unveiled by Liberty Media, which took on ownership of the sport at the start of 2017, reports news.

will be added to other "well established" Asian events in China, and Singapore, and "represents Formula 1's firm commitment to the region", a statement by said.

The multi-year deal to bring the circus to Vietnam's capital will begin as a 5.565 km street circuit race in the heart of the bustling city.

Chase Carey, of Formula 1, said was a prime example of new destination cities for the sport to be able to reach new markets and broaden its global appeal.

"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 is a realisation of that ambition," Carey said.

"We are thrilled to be here in Hanoi, one of the most exciting cities in the world right now with such a rich history and an incredible future ahead of it. This is the perfect formula for Grand Prix racing and I look forward to this becoming a real highlight of the F1 calendar," he added.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 07 2018. 17:52 IST
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