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Le Ngoc Chi: Vietnam is ready for Formula 1

Vietnam is the next in a series of new destinations of the fastest circus in the world. The first lady of the Vietnam Grand Prix Corporation, which will be the organizer of the event, is confident that the race will be a complete success.

Le Ngoc Chi She was named a leader for her work in finance and real estate, but despite finding herself in a completely different business, she convinced journalists in Singapore with her performance and knowledge that the Vietnamese do not leave anything to chance when organizing their biggest sporting event. .

Le Ngoc Chi is the President and CEO of the Vietnam Grand Prix Corporation, which falls under the auspices of the Vingroup Group. Prior to that, Chi worked in the real estate and financial sectors.

Who actually stands behind the idea of ​​bringing Formula 1 to Vietnam?

For an idea, bring it formula 1 in Vietnam the Vietnamese Government, the City of Hanoi and, in particular, the Mayor of the Capital, Chung Nguyen. You probably don't need to list the reasons for such a decision - Vietnam wants Formula 1 because of all the good that this sport brings to the city and the people. He is behind the project Vingroup, the largest group in the country and VGPC (Vietnam Grand Prix Corporation) is one of the companies within the group.

Vingroup, led by him Pham Nhat Vuong, has over 43.000 employees, the group is worth 14 billion dollars, and its activities extend to virtually all spheres of the Vietnamese economy. Among other things, the company also manufactures cars, which it markets under the brand Vinfast and even smartphones.

Winfast presented its first models to the public at last year's Paris Motor Show. Beneath the interesting design lies the mechanics of the previous generation BMW 5 Series.

So is this also one of Vingroup's most important projects?

Clearly, there is also the commercial interest of the company in the background, but you need to know that it wants to Vingroup in this way to serve the state and the people as well. We are aware that the F1 race is more than just a race, it is a sporting and fun event that has significant effects also on tourism, investment in the economy and new business contacts.

Vietnam also wants to present itself through Formula 1 as a progressive country in which the twenty-year-old sea is only a fleeting memory.

An event such as the race for the Vietnam Grand Prix can also have a significant impact on the image of the country in the world, which most still associate with the bloody war that lasted twenty years (1955-1975) and claimed more than three million victims. Vietnam has not been at war for a long time, in fact it is one of the fastest growing Asian economies, the new Asian tiger, which we also want to show with the help of F1 as a friendly, peaceful and prosperous country.

You say the Vietnam Grand Prix in April next year will be one of the most visited races ever. How will you arouse interest in motorsport in a country that is actually without tradition in this field?

We are aware that we are new in this field, and at the same time we have studied very well what awaits us and what we need to do to make everyone happy in the end. We know we have to consider different types of fans, if I may put it that way. The first are locals and fans from neighboring countries, who I have no doubt will visit the first Vietnam Grand Prix in large numbers, especially since Alex Albon is increasingly becoming one of those who will shape the top of the competition in the coming years and foreign guests who travel to races mainly from Europe and other parts of the world, where motorsport has a long tradition.

Hanoi, the capital of Vietnam, of course promises even greater tourist visibility from the race.

During the race we want them to experience Hanoi in all its charm, so we have prepared many accompanying activities, festivals and events. The third type of fans are the ones who will visit GP Vietnam combined with a trip to other parts of Asia and would like to get to know our country. We are also preparing an interesting and varied program for them.

Lewis Hamilton said some time ago that he wants more street racing, also because of the case in which India found itself building a racetrack at huge cost, where we saw only three performances of the Indian Grand Prix. Was the Indian case also the reason you didn’t decide to build a new racetrack?

Pri VGPC we were really thinking about a dedicated racetrack in the beginning, but we soon found out that it would be better to place the race in the city itself. The area where the race itself will take place is one of the most developed parts of the capital and we wanted to show all this energy that permeates Hanoi to the wider world. It's a trail 5,6 kilometers long and has 23 corners and a long start-finish plane as the racers will reach speeds over 340 km / h. We worked a lot with Hermann Tilke in Ross Brawn (This was the first time that Formula 1 was directly involved in the design of the track) and the cornering concept included bends similar to those at the Nürburgring or Suzuki.

You can see more about the racetrack in the video.

We are currently finishing the main building with boxes, which will be built in the style of one of our greatest architectural wonders, the royal citadel of Thang Long, otherwise two thirds of the track consists of the existing city roads, and one third is the newly built part, which will later be part of the closed park, and we will also arrange a karting track in it, so that this part will be in constant use.

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