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Vietnam could be the next country vying to join the ever-growing F1 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 an F1 circuit near Nha Trang Bay in central Khanh Hoa province, according to vietnamvet.vn. The city is known for its beautiful beaches, warm ocean and scuba diving - nothing like the constant cinematographic depictions of the once war-ravaged country.
'INTERNATIONAL RECOGNITION'
"The dynamic economy of Vietnam and tourism potential are good reasons for building a circuit here," Geist said, without explaining when the proposal would move forwards but adding that construction would take three years.
"F1 will guarantee professional business communication for Vietnam and its international recognition, he added. "It will certainly stimulate Vietnam's economy, tourism and infrastructure."
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 an F1 circuit near Nha Trang Bay in central Khanh Hoa province, according to vietnamvet.vn. The city is known for its beautiful beaches, warm ocean and scuba diving - nothing like the constant cinematographic depictions of the once war-ravaged country.
'INTERNATIONAL RECOGNITION'
"The dynamic economy of Vietnam and tourism potential are good reasons for building a circuit here," Geist said, without explaining when the proposal would move forwards but adding that construction would take three years.
"F1 will guarantee professional business communication for Vietnam and its international recognition, he added. "It will certainly stimulate Vietnam's economy, tourism and infrastructure."