F1 chasing "array of options" if Silverstone is axed

Formula One World Championship

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.

This week Formula One confirmed the city of Hanoi will host Vietnam's first grand prix in 2020.

At recent deal with Vietnam indicates Liberty's plans to bring the sport to the people in major cities, and Bratches aims to find a balance between heritage and street events.

"We value the Silverstone race but we've got to get to a place that works for us. The race has been held at Brands Hatch and other venues", he said in a Formula One question and answer.

"We are delighted to announce that Hanoi will host a Formula 1 Grand Prix", said Carey.

"On ongoing negotiations and discussions, we've said in the past this is a sport that seems to like negotiating in public", he said.

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"We'll continue to develop those options, and make sure we are able to make the best decisions both for fans and for racing and for us as a business, all those things matter, and we're actively engaged". Firstly, we want to preserve the heritage races, they are very important to Formula 1 and they are very important to fans. I'm talking about the Silverstones, the Spas, the Monzas of this world.

The Hanoi race will be run on a 5.565-kilometer layout in the west of the city, adding another street race to the existing ones in Monaco, Singapore, Azerbaijan and Melbourne's Albert Park in Australia.

Bratches made it clear that city-based Global Positioning System have a major appeal to F1 because it puts the racing closer to bigger populations, which is why Vietnam's race in Hanoi will join Monaco, Singapore and Azerbaijan as a street race.

"The third segment features purpose-built facilities such as Shanghai, Austin, Texas and Bahrain".

Bratches envisions more races in cities such as Hanoi and said F1 is carefully considering where to go next based on a number of offers from around the world. Vietnam's concept of what grand prix racing should be about matches our vision for the sport.

"The US remains a priority, we're engaged with discussions elsewhere in the US so it's not just Miami, and [there's] opportunities, but we think Miami really could be a great signature event for us worldwide, not just in the US".

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