F1 Issues Warning Over Silverstone's Future Of Hosting British Grand Prix

Annette Crawford
November 10, 2018

The 2019 race will be the last under the current deal, which was signed under Bernie Ecclestone's reign, but Silverstone is keen to pen a new contract with Liberty Media to preserve the grand prix for the foreseeable future.

"Most of our grands prix are now half an hour to an hour outside cities, so the race in Hanoi fulfils of one of our preliminary goals - an iconic city hosting racing on a potentially thrilling street circuit".

Fan reaction to the Vietnam race was mixed, but Bratches says F1 fans can expect more of the same as Liberty looks to overhaul F1.

"We value the Silverstone race but we've got to get to a place that works for us".

"With the mission of "a better life for Vietnamese people", Vingroup wants to bring this race to Vietnam because of the general benefits to the society such as more jobs will be created, the infrastructure of Hanoi will be upgraded, and other bigger worldwide events will be encouraged to take place in Vietnam", he added.

"We are delighted to announce that Hanoi will host a Formula 1 Grand Prix", Carey said, as quoted on F1.com.

"We are a public company and we have a lot of stakeholders and shareholders and we're trying to marry what's best for fans with running a successful business".

The British GP has been an ever-present on the F1 calendar since kicking off the first world championship in 1950.

The announcement of F1 racing in Vietnam, a country with absolutely no motorsport heritage, was greeted with a fair amount of negativity by many fans on social media, who wondered why the sport was not doing more to preserve its heritage. "Firstly, we want to preserve the heritage races".

The proposed Hanoi track, which features 22 turns over its 5.565km length, will become F1's fourth street race, along with Monaco, Singapore and Azerbaijan. "I'm talking about the Silverstones, the Spas, the Monzas of this world", Bratches commented. "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".

Bratches said Hanoi fitted the new vision of the sport's owners, with another street race in Miami also in the pipeline.

Other reports by Iphone Fresh

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