Prime Minister Nguyen Xuan Phuc receives Chase Carey, President and CEO of Formula One Group (L) At the meeting, PM Phuc highlighted the race as a prestigious international sporting event, capturing the attention of fans across the globe while hailing cooperation between Hanoi and Formula One in hosting this event, which is of great significance for not only the field of sport but also in culture and social affairs, thereby contributing to Vietnam’s further development. Phuc voiced his confidence that with the effective cooperation the Hanoi People’s Committee, the Ministry of Culture, Sports and Tourism and relevant agencies, the race will be held successfully in 2020 in conjunction with 70 years since the first race tournament was launched. For his part, the Formula One leader showed his elation to attend the ceremony, and thanked municipal authorities for close cooperation with Formula One. Chase Carey also said that through this event, Vietnam will be more internationally known, noting that many partners of the Group have showed their interest in the race. Agreeing with Chase Carey, PM Phuc affirmed the Vietnamese Government’s support and its willingness to facilitate the cooperation project between Formula One and Hanoi, thus showing Vietnam’s stature and capacity of Vietnam in holding other world-class sporting events in the time to come.