The Vietnamese Grand Prix is the first race to be added to the calendar under Liberty Media’s ownership following their takeover.
Chase Carey, F1 chairman and chief executive, says introducing a race on a street circuit in the capital city fits in with the long-term strategy of broadening the appeal of the sport globally.
“We are delighted to announce that Hanoi will host a Formula 1 Grand Prix,” said Carey.
“Since we became involved in this sport in 2017, we have talked about developing new destination cities to broaden the appeal of Formula 1 and the Vietnamese Grand Prix is a realisation of that ambition.
“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. This is the perfect formula for Grand Prix racing and I look forward to this becoming a real highlight of the F1 calendar.
“Our motosport team, working in collaboration with the City of Hanoi and promoter Vingroup, has worked to enable a circuit that will not only test the drivers but also ensure that our fans enjoy the racing spectacle.
“We are really looking forward to seeing Formula 1 cars speeding around the streets of this fantastic city from 2020.”
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