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Last week a contract for Singapore to host the Formula 1 Grand Prix for another seven years was signed, with the event set to return to the streets of Marina Bay from Sep 30 to Oct 2, 2022, after a two-year absence due to the COVID-19 pandemic. 

 

The Transport Minister and Minister-in-charge of Trade Relations in Singapore said, "We have decided to continue hosting the F1 race for another seven years, after thoroughly evaluating the long-term benefits that a term extension could bring to Singapore.

 

"The renewal will help sustain Singapore’s reputation as a global city with a vibrant lifestyle, attracting international visitors as travel rebounds, and generating business revenue and jobs for Singaporeans," he added.

 

The massive TV coverage that Singapore receives is enormous and their government feels it is worth it for increasing the profile of the country and attracts big dollars not only during the race weekend but also throughout the year.

 

Hanoi Grand Prix

 

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Circuit in Hanoi

 

Although as we know Vietnam got as far as building a street track in Hanoi, due to Covid the launch in 2020 was cancelled.

 

The Vin Group along with the Vietnam government were running the event, however, it has all gone a bit quiet, and now the government and sponsors are not currently in touch with Liberty, the F1 organisers.

 

Asia could do with another race in its backyard, and many expect Bangkok to be added to the schedule in the next few years.

 

As an F1 fan, I would love to actually go to a race in Hanoi.

 

So, do you think there is still a possibility of the government completing the track, and beginning negotiating with Liberty again?

 

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