Formula 1 car racing will debut next year in Vietnam as the fast-growing host country tries to attract high-end tourism and its own moneyed citizens take an ever keener interest in sports.
The venue is set to be hosting its inaugural Grand Prix on the 3-5 April 2020, as part of Formula 1‘s record-breaking calendar of twenty-two races.
A racing circuit is due for completion next month in the capital Hanoi, Formula 1 says on its website. The Hanoi Circuit will be 5.6km in length, comprising of twenty-three corners, some of which being inspired by other circuits. With high-speed corners not being a regular occurrence at other street circuits and as many as three potential overtaking places, the track is expected to deliver some exciting and breathtaking action.
Hosting Formula 1 races is also expected to stimulate more tourism.
“It’s probably one of the strategies of the government to increase value-added tourism and also to brand the tourism economy in a better way, and then, of course, Vietnam’s own more upper-middle-class population would be interested in these types of events,” said Rajiv Biswas, Asia-Pacific chief economist at market research firm IHS Markit.
The Vietnam Grand Prix circuit will extend 5.6 kilometers, 1.5 kilometers of which will be straight. It will allow speeds of about 335 kilometers per hour.
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