Vietnam brings Formula One racing to Hanoi in 2020

City faces steep challenge to raise funds for circuit

20181102N formula one (REUTERS)

A Formula One race is held in Mexico City on Oct. 27.

HO CHI MINH CITY -- Vietnam will host its first-ever Formula One race in April 2020, bringing the prestigious series to a country where auto racing is a very new sport.

The capital city of Hanoi will hold an event Wednesday to announce details about the venue and schedule, according to invitation letters.

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