- Title: Hanoi streets to stage F1 Grand Prix in 2020
- Date: 7th November 2018
- Summary: HANOI, VIETNAM (FILE - JUNE 2018) (REUTERS) VARIOUS OF TRAFFIC HANOI, VIETNAM (FILE - JULY 2017) (REUTERS) WOMAN CARRYING BASKETS ON SHOULDER CROSSING BUSY ROAD VARIOUS OF TRAFFIC
- Embargoed: 21st November 2018 12:29
- Keywords: Formula One Hanoi Vietnam Grand Prix
- Location: HANOI, VIETNAM
- City: HANOI, VIETNAM
- Country: Vietnam
- Topics: Motor Racing,Sport
- Reuters ID: LVA00195IBKU7
- Aspect Ratio: 16:9
- Story Text: Vietnam will join the Formula One calendar in 2020 with a street race in the Southeast Asian country's capital city Hanoi, organisers said on Wednesday (November 7).
The Vietnamese Grand Prix, which will be staged for the first time in April 2020, is the first new race announced since Liberty Media bought the commercial rights to the series.
Vietnam's largest conglomerate, Vingroup JSC, has signed a "multi-year deal" to host the event, the press release said, without elaborating.
The Hanoi round of the championship, which will be run on a 5.565-kilometre circuit in the west of Hanoi, will be the fourth street race on the calendar along with Monaco, Singapore and Azerbaijan.
Vietnam is a growing market for sponsors such as brewer Heineken and would be give East Asia four races on the calendar again after the departure of Malaysia. - Copyright Holder: FILE REUTERS (CAN SELL)
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