As the first new race to be announced under Liberty Media’s ownership, the Vietnamese Grand Prix represents Formula 1’s firm commitment to the Asia region where races are already well established in Singapore, China and Japan.

It also forms part of Formula 1’s long-term strategy to broaden the appeal of the sport and to reach new audiences around the globe.

Hanoi promoter, Vingroup, has signed a multi-year deal to host the Grand Prix, which will begin as a thrilling street race in the heart of the city.

Working in close collaboration with the City of Hanoi authorities, the Promoter and Formula 1 Motorsport department, the 5.565km track will deliver an exciting racing experience for the drivers as well as the fans.

To celebrate the launch of the race, Formula 1’s Chairman and Chief Executive, Chase Carey joins the City of Hanoi leadership and Vingroup promoter as part of a grand ceremony on Wednesday at the Hanoi Citadel, one of the city’s most iconic landmarks. Local artists will perform to highlight the unique culture of Vietnam in an event open to the people of Hanoi.

Fans also have the unique opportunity to win the very first two tickets for Hanoi's inaugural Grand Prix in 2020 simply by registering interest in the event by clicking here.

Chase Carey, Chairman and Chief Executive, Formula 1 said: “We are delighted to announce that Hanoi will host a Formula 1 Grand Prix. 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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