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Update news F1 race
Vietnam has been dropped from the provisional calendar for the 2021 Formula 1 season.
The organiser of Vietnam's first Formula One grand prix has decided to officially cancel the race due to the Covid-19 pandemic.
Contrary to real estate investors and businesses’ expectations, one year after the Formula 1 race track kicked off, the real estate market in Hanoi remains at a standstill.
The Formula One VinFast Vietnam Grand Prix 2020 will be put on hold due to the complicated developments of the COVID-19 outbreak, announced organisers on March 13.
These are the first images of what the new Formula One racetrack will look like at My Dinh.
If Hanoi successfully organizes the F1 race, it will help polish the national image and prove that Vietnam is capable of organising the world’s big events.
VietNamNet Bridge – Plans for a Vietnamese Grand Prix in 2020 look feasible, according to Formula One race director Charlie Whiting who visited the proposed site in Hanoi last week.
Hosting the Formula One (F1) race is an ‘expensive decision’ if considering the fees, infrastructure development, and business efficiency, but it would enhance Hanoi’s image.