Hanoi signs contract to host F1 race for 10 years
The F1 race in Hanoi starts in April 2020 and the organization contract is signed for 10 years.
On the afternoon of November 7, Hanoi held a press conference to announce the Formula One (F1) racing tournament.become the 22nd city in the world to host this race.
StatedWelcome to Hanoi,Mr. Chase Carey - CEOF1 racing said that each time the event is held, the race lasts 7 days and there will be many sideline activities for people to participate in.
"Organizing a race track and a race is very complicated, so we are pleased and appreciate Hanoi's cooperation. We hope this will be a long-term cooperation to help bring Hanoi to the world and the world to Hanoi," he said.
Responding to the question about choosing Vietnam - a country with many economic difficulties to organize the race, Mr. Chase Carey said, "Vietnam is a country with great energy, very new and interesting. The world is also paying more and more attention to Vietnam". Besides, according to him, the development of Asian sports, including Vietnam, in recent years has been very good, so "with careful preparation, we expect to have successful races in Hanoi".
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From left: Mr. Chase Carey, CEOFormula 1 racing, Mr. Nguyen Duc Chung, Chairman of Hanoi People's Committee. Photo:Hoang Phong |
For more information, Mr. Nguyen Duc Chung - Chairman of Hanoi People's Committee emphasized that the city "has enough conditions" to organize the F1 race from mid-April 2020; the organization contract was signed for 10 years and will be extended in the 8th year.
"I think that from this afternoon, through this press conference, the whole world will know that Vietnam is hosting the F1 race," said the Hanoi Chairman.
According to him, the parties involved are making specific plans to organize the race; ticket prices are expected to be announced in April 2019.
To go to the signing of the tournament organization, cF1 experts have come to Hanoi many times to survey, evaluate and determine that the city has enough infrastructure conditions to organize the race such as: airport, traffic infrastructure, hotel system, and freight transport services.
Regarding the race location, the city initially planned to hold the race around Hoan Kiem Lake and some neighboring roads. However, after consulting with relevant ministries and agencies and finding it unreasonable, Hanoi proposed to hold the race at the My Dinh sports center.
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F1 racing car during a demonstration run in Ho Chi Minh City in May 2018. Photo:Bao Lam. |
The comprehensive site assessment survey by F1 experts, My Dinh National Sports Complex has some infrastructure for sports, is the optimal option to organize the race. This location is also suitable for planning as an area to organize national and world-scale sports events.
In particular, the traffic infrastructure around the area has been built quite fully, suitable for the F1 racing. The race track at My Dinh is more than 5.5 km long, designed by a group from Germany. The main race time is about 4 hours.
To organize the race, the road will be closed for 4-5 days and will affect people's lives. However, the main event will be held on Saturday and Sunday, so the traffic volume will also be reduced. In addition, the city will have appropriate traffic diversion plans to ensure smooth traffic.
The first race is scheduled for April 2020.Hanoi People's Committee is the host unit, Vingroup Corporation is the organizer.Expected revenue from ticket sales; services provided to F1 and racing teams; advertising during the race; organizing side events; selling souvenirs; broadcasting copyright
With the successful signing, Vietnam will be the third Southeast Asian country in the history of the race to host a Formula 1 race, after Malaysia and Singapore. Hanoi will also be the second Southeast Asian city to host the race in 2020, along with Singapore.
Formula One (F1) racing originated from the European Grand Prix championship that took place in the 1920s and 1930s. In 1946, the rules of the game were standardized by the International Automobile Federation (FIA).
The name Formula 1 refers to the set of rules that all participating teams must adhere to, originally called Formula A. The first world championship race was held in 1950 at Silverstone (England).
Of the 21 countries hosting the 2018 Formula 1 Grand Prix, six are Asian. Japan was the first Asian country to host a Formula 1 race. After two seasons in 1976 and 1977, Japan stopped hosting and returned in 1987. The remaining five are China, Singapore, Malaysia, Macau and Bahrain.