Vietnam to host Formula One race from 2020

Vietnam to host Formula One race from 2020

The race will take place around the streets of the capital Hanoi on a 5.565km track.

Similar to the Azerbaijan Grand Prix, the Vietnamese Grand Prix will force teams to compromise their vehicle setup.

Formula One confirmed that Hanoi promoter Vingroup has signed a multi-year deal to host the Grand Prix, which will begin as a thrilling street race in the heart of the city.

Vietnam will be the fourth venue to hold a race in Asia, joining China, Japan and Singapore on the calendar.

While there are just two of this year's record-equalling 21 races remaining, Wednesday's announcement, coupled with a potential Miami race in 2020, could now see that tally increase to 23, despite resistance from some teams. I'm talking about the Silverstones, the Spas, the Monzas of this world.

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The British Grand Prix has been ever-present on the Formula 1 calendar, with Silverstone the permanent home since 1987, having also held the inaugural World Championship event in 1950.

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

F1's CEO Chase Carey added: "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".

"We are delighted to announce that Hanoi will host a Formula 1 Grand Prix".

"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 have Monaco, Baku and Singapore and this is a great addition to that line-up".

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