Hamilton threatens to quit if F1 continues to expand

Vietnamese Formula 1 Grand Prix Confirmed For 2020 In Hanoi

Including Hanoi in the World Series was the first "new addition to the calendar under Liberty Media's ownership of the sport", keen to broaden the appeal of Formula 1.

The British circuit has activated a break clause in its contract; which means a new contract must be negotiated for the British Grand Prix to stay there from 2020.

Now 12th in the driver's standings, Sainz's best performance in 79 Grand Prix races is a 4th place finish. The race has been held at Brands Hatch and other venues.

Winning the Formula 1 driver's championship "is a distant dream" for anyone who doesn't drive for Ferrari or Mercedes, Spain's Carlos Sainz Jr. said ahead of the Brazilian Grand Prix.

The circuit has made clear that it wants to continue in F1 but will do so only on terms that ease the financial burden of hosting the race.

"We still have two races to go and a championship at stake", he said.

"We look at it in three ways", he said. They are very important to Formula 1, and they are very important to fans.

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Ecclestone told Reuters a year ago that he had talks with the Vietnamese about a race while he was in charge but had decided, despite the money on offer, against it because he felt there were enough in that part of the world already.

The Hanoi race will be run on a 5.565-kilometer layout in the west of the city, adding another street race to the existing ones in Monaco, Singapore, Azerbaijan and Melbourne's Albert Park in Australia.

"The third segment features purpose-built facilities such as Shanghai, Austin, Texas and Bahrain".

Vietnam's Hanoi capital will host Formula One (F1) vehicle race for the first time in April 2020, the municipal authorities announced on Wednesday.

"One of the things we have been intensely focused on is extending grand prix racing to iconic cities, in downtown areas, where we can best engage fans", he said. "The race is also an important part of our broader strategy to grow our sport in Asia, and clearly, Vietnam is a driving force for the growth in Asia".

"The US remains a priority, we're engaged with discussions elsewhere in the US so it's not just Miami, and [there's] opportunities, but we think Miami really could be a great signature event for us worldwide, not just in the US".

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