Formula One "To Host Vietnamese Grand Prix In 2020", Local Government Claims
Yesterday it was announced that Formula 1 will host the first ever Vietnamese Grand Prix on the streets of Hanoi (Vietnam's capital city) in 2020 - according to government officials. Whilst there has been no official confirmation from Liberty Media or the FIA on the proposed race, the Hanoi People's Committee said the Grand Prix circuit will be unveiled at a gala next week.
In a statement, Mai Tien Dung - chief of the government office - said that "Hanoi authorities have asked people living in the planned area their opinions about holding the race and they have all shown their support, to attract tourists.". Funding will reportedly come from the private sector, and not through the government.
If the proposal is approved, the Vietnamese GP will be the first new race added to the calendar under Liberty Media's ownership since they took over the running of Formula One in early 2017.
It will be the third race to be established in south-east Asia after Singapore and Malaysia - with the latter being dropped following the 2017 race due to poor ticket sales.