As Formula 1 Expands, Vietnam Becomes a New Destination

PUBLISHED ON Sep 26, 2019

From early roots within the 1950s as a in large part EU-based racing collection, Method One has expanded internationally into 5 continents. Within the closing 15 years, races had been added in Bahrain, China, South Korea, India and Azerbaijan.

However the addition of a Grand Prix in Vietnam in April 2020 will probably be particularly important as the primary race added underneath the game’s new proprietor, Liberty Media Company.

Since obtaining the collection in 2017, Liberty has been transparent in transforming cities into what the corporate has defined as “vacation spot towns,” corresponding to Miami, Las Vegas and London. However, Hanoi, Vietnam’s capital, would be the first metropolis underneath Liberty’s stewardship, web hosting the Vietnam Grand Prix on the streets west of town in April.

“With Liberty, we’re taking more strategic techniques to the places we host the races,” stated Chloe Targett-Adams, the game’s international director of promoters and industry family members.

“We are looking at places which can offer us a vacation spot and iconic functions, from a living match enjoyment and TV target audience standpoint, and we are putting effort into the potential places to create an actual racing spectacle.”

“In Vietnam, we now have a shockingly thrilled and rising marketplace,” she stated. It is among the fastest-growing economies on the planet, and it hasn’t hosted any enormous occasions on a global scale.

“It once seemed like a long road having to draw tourism to the rustic. We knew we had over 9 million Vietnamese F1 enthusiasts there  even without a race, so it was a fascinating marketplace for us strategically.”

With seven months ahead until the race, arrangements in Hanoi are underway. They come with infrastructure initiatives, corresponding to the development of a pit construction for the groups, grandstands and laying asphalt.

She stated that for the weekend race, Method One will deliberate meals gala’s, live shows with native ability, and heritage and training websites.

“We additionally need to construct on that and create an excellent enjoyment, so while you flip up, you actually feel that you are in Hanoi, you are at a Method One match in Vietnam.”

Source: World Breaking News