Hanoi signed a 10-year, multi-million-dollar deal with Formula One last year. FMTNews Hanoi F1
HANOI: Vietnam’s inaugural Formula One Grand Prix will take place in Hanoi in April as planned, organisers told AFP Tuesday, avoiding the fate of the Chinese Grand Prix which was postponed over the deadly coronavirus.The virus, which has killed more than 1,800 people in China, has trashed Asia’s sporting calendar, forcing the postponement of top events including the Shanghai Grand Prix and the Hong Kong Sevens rugby.
“Although this is a sports event, it has a very huge impact on Vietnam and Hanoi’s tourism,” he said, adding all measures will be taken to ensure the “safety of the event”.The communist country will get its first taste of the glitz and glamour of Formula One, while the sport will attempt to reach new markets in Southeast Asia.
Hanoi has bet big on the event’s popularity, signing a 10-year, multi-million-dollar deal with Formula One last year which state media said would cost Vietnam US$60 million per year.Subscribe to our newsletter and get news delivered to your mailbox.
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