JavaScript is off. Please enable to view full site.

Vietnamese corporation wants to build F1 racetrack in suburban Hanoi

Vietnamese corporation wants to build F1 racetrack in suburban Hanoi

Sunday, January 20, 2019, 16:18 GMT+7
Vietnamese corporation wants to build F1 racetrack in suburban Hanoi
File photo: model of the F1 racetrack in Hanoi that will be used to host the race in 2020

A Vietnamese corporation has expressed its intention to build a large-scale stadium, tourist, and entertainment complex, including a Formula One racetrack, that can house up to 100,000 people in Hanoi.

FLC Group has recently submitted a document to the municipal People’s Committee, suggesting that the complex be constructed in either Dong Anh, Me Linh, or Soc Son District in the city’s suburbs.

According to Le Thanh Vinh, FLC’s vice-chairman, the primary facility of the project is a stadium with a seating capacity of 100,000 seats, able to host many international games and tournaments.

It will be one of the largest and most modern stadiums in the world, Vinh said, adding that there will also be a Formula One racetrack within the stadium.

The venue will consist of other facilities including a golf course, hotels, a five-star resort, and multimedia areas designed for international conventions.

It will have an entertainment zone, trade and financial center, healthcare center and hospital, international summer camp, horse racetrack and zoo, theme park, and shopping area.

The first phase of the construction is expected to cost approximately VND25 trillion (US$1.07 billion), Vinh continued, adding that it will cover an area of 1,000 to 2,000 hectares.

If approved by the Hanoi administration, FLC Group will directly invest in the implementation, management, and operation of the complex, the vice-chairman stated.

FLC will also focus on linking the complex with nearby projects, especially Noi Bai International Airport, in terms of traffic and technical infrastructure.

In early November 2018, Chairman of the Hanoi People’s Committee Nguyen Duc Chung said the capital will host an F1 race in 2020, making Vietnam the 22nd country in the world and third Southeast Asian nation to organize the high-speed sport.

While the municipal administration won the bid to host the race, it will have Grand Prix Vietnam, a private entity owned by local conglomerate Vingroup, handle the actual organization of the event.

Formula One is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l'Automobile (FIA), the world governing body for motor sport, and owned by Formula One Group.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

Tuoi Tre News


Read more




‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news