Hanoi expects benefits from hosting F1 race

VietNamNet Bridge – 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. The news about the plan to bring F1 to Vietnam has been confirmed by FIA (Federation Internationale de l’Automobile), to take place in 2020 in Hanoi, Vietnam. International media reported that the F1 race project in Hanoi may cost $60 million or higher. 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. The first is the most important, which includes the pay for the race’s brand, estimated at tens of million of dollars, expenses on arranging race tracks and security activities, and expenses on ads. One race could cost $70-80 million. RELATED NEWS What will Vietnam gain if it hosts the F1 race? F1 race director sees Vietnam on track for 2020 debut Thanh Lich