Formula 1 Hanoi Grand Prix plans for Hanoi have received a green signal from the Vietnamese government, which has supported the idea of staging the premier motorsport competition on the streets of the country’s capital.
Reports emerged in January this year that Formula 1 was looking at Vietnam’s capital city as a potential destination. The news was later confirmed in June by chief executive Chase Carey who said that he was excited by the possibility of staging a Grand Prix in Vietnam.
Carey, who succeeded Bernie Ecclestone following Liberty Media’s Formula One takeover, also said the series was in discussion with Vietnamese authorities, and it would now appear that the local government is fully behind the proposal.
“All (government) ministries and agencies support the idea to create a new attraction for Hanoi,” Mai Tien Dung, chief of the government office, said in a statement. “Hanoi authorities have asked people living in the planned area for their opinions about holding the race and they have all shown their support, to attract tourists.”
Dung did not reveal when a final deal might be signed with Formula One, or when the first race in the country would be held. He did add, however, that Vietnam prime minister Nguyen Xuan Phuc has told Hanoi not to use state budget for building infrastructure for the race, but to seek investment from businesses instead.
Vietnam is one of several new Formula 1 host countries mooted since Liberty acquired the series, with a Grand Prix in Miami expected to be introduced in 2020, while plans for future races in Argentina, the Netherlands and Denmark have also been rumoured.
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