e’s had an iffy record with planned races lately, with the 2019 debuting then until at least 2020. But F1 does, at least, have more solid plans for 2020: the , which will run on .

F1 the Vietnam race this week, saying it would take place in the Vietnamese capital city of Hanoi in April of 2020. It’s the first new race to be announced since the series’ American owners Liberty Media in 2016. And, according to the announcement, 2020 will be the start of a multi-year deal.

All F1 has said about the addition of the race date is that it’s doubling down to its commitment to the Asian region, and that this is part of the series’ “long-term strategy to broaden the appeal of the sport and to reach new audiences around the globe.”

Vietnam might not the racing history of Monaco or Macau, but the market makes sense for a grand prix. Vietnam suffered hugely under colonialism and was blown apart in the Vietnam War, but its economy is rapidly on the rise and has been for years now. Tourism is up along with the economy, per and travel-research company . Obama went back not long ago.

It’s not a rich country, as analyst Formula Money pointed out in a tweet about how many people could even watch the race there:

But to be fair, plenty of people don’t get NBC Sports even here in America. On top of that, in Vietnam.

F1’s talked about a Vietnam race before, with former CEO Bernie Ecclestone telling he got approached about a race there with the opportunity to meet the president about making a deal. Plans fell through for a track near the southern Ho Chi Minh City in 2010 because of local rules preventing people from betting on sports, according to Forbes, but things have changed since then.

From the story:

Late last year this law was relaxed for anyone with a monthly income of more than $440 and Vietnam’s first race track opened in 2016 to take advantage of it.

Its standards are far below F1 specification, known as Grade 1 Homologation, but a track which would meet them was reportedly under consideration in 2016. It is understood that a foreign group was seeking investment to build it in Hanoi and carried out a feasibility study.

Ecclestone, though, didn’t go through with Vietnam during his reign because he said it had a lack of racing history. From the story:

“It hasn’t got any racing history at all,” he said. “So I didn’t want to put another race in the same sort of area where we already have very good promoters. And I was criticised for putting the races in Baku and in Russia because they hadn’t got that much racing history.”

But Ecclestone is gone, Liberty is in, and things seem to be moving forward with Vietnam.

The 3.4-mile, 22-turn track for the race is set to use a mix of currently existing roads and some that will have to be paved for the race itself. when this planning went public last month, this has been called a “partially street based” course. But the part of the track that gets paved for the specifically for F1 will become a public road when the series isn’t in town.

In , F1 touts that the track uses a mix of corners pulled from other famous race tracks, but track designers always say that. The series did have an interesting way of describing the track layout, though: It wants the feel of a street race with the excitement of a permanent track.

From the announcement:

The aim was to create a unique hybrid layout, fusing a street circuit’s characteristics with a permanent countryside track layout within the confines of the city’s topography.

There was a real desire to steer away from humdrum 90-degree road-junction type corners and foster a layout that facilitates wheel-to-wheel racing while retaining a closed-in street feel that makes city race tracks so demanding for drivers.

We won’t know anything until cars are on it, but at the very least, this track looks better than the did.