F1

$150m F1 track proposed for Vietnam

631 views

Vietnam could be the next country vying to join the ever-growing Formula One calendar. Hans Geist, linked in the past with F1 forays in Russia, Austria and Bahrain, has proposed a $150 million project to Vietnam's ministry of planning and ...

Vietnam could be the next country vying to join the ever-growing Formula One calendar.

Hans Geist, linked in the past with F1 forays in Russia, Austria and Bahrain, has proposed a $150 million project to Vietnam's ministry of planning and investment.

The proposal is for a Formula One circuit to be located near Nha Trang Bay in central Khanh Hoa province, according to vietnamvet.vn.

"The dynamic economy of Vietnam and tourism potential are good reasons for building a circuit here," said Geist.

He did not say when the proposal would move forwards but construction would take three years.

"Formula one ... will guarantee a professional business communication for Vietnam and its international recognition. It will certainly stimulate Vietnam's economy, tourism and infrastructure," added Geist.

Write a comment
Show comments
About this article
Series F1

User photos

erikjunius
F1

erikjunius

11 photos
EuroRacer
F1

EuroRacer

21 photos
SurdinP
F1

SurdinP

1 photos
max
F1

max

29 photos
ADLITIKA
F1

ADLITIKA

213 photos
Kevin_Bennett_Photo
F1

Kevin_Bennett_Photo

139 photos
PiBiPhoto
F1

PiBiPhoto

47 photos
Upload photo