The 2019 F1 Chinese Grand Prix will be held in Jiading District on Sunday

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The 2019 F1 Chinese Grand Prix will be held in Jiading District on Sunday

For the first time, Formula 1 racing cars roared their engines around Shanghai’s downtown streets as the motor world’s premier competition celebrates its 1,000th race.To get more Jiading news, you can visit shine news official website.

The 2019 F1 Chinese Grand Prix will be held at Shanghai International Circuit in Jiading District on Sunday. On Saturday, two F1 racing cars, one of them driven by Shanghai driver Zhou Guanyu, appeared on streets in downtown Xintiandi.

Together with a few top-class sports cars, the vehicles performed drifting to allow the city’s motoring fans to feel the speed and charm of the sport up close.

The event serves as part of the F1 Festival, which was attended by Shanghai Mayor Ying Yong and vice mayors Chen Qun and Zong Ming.

Shanghai has successfully hosted the F1 Chinese Grand Prix for 15 straight years, although the cars have always been limited to the race track. The annual race has served as one of Shanghai’s sporting name cards and benefited tourism and culture industries.

“We are excited to hold the 1,000th F1 race in China as China is one of the most exciting growing markets we have,” said Chase Carey, chairman and chief executive of Formula One Group. “The sport is still at its early stage in China, but the engagement of fans here is fascinating.”Formula One Chinese Grand Prix local organizer Juss Sports said the sharing of commercial rights by the Formula One Group has allowed it to better explore the potential of the Chinese market.

Juss announced global petrochemical enterprise Yutime as the new event sponsor of this year’s F1 Chinese Grand Prix on Friday. The two parties will join in the promotion of the premier motor racing event.

Since Liberty Media took over the Formula One Group in 2017, the sport’s governing body has tweaked the way races are run.

“The Formula One Group values local promoters and is willing to share more commercial rights with them, which activated our interest to seek for and cultivate more commercial partners,” said Yang Yibin, deputy general manager of Juss Sports. “F1 is no longer exploring the Chinese market itself, but doing so with the help of the local organizer and the new sponsors.”

Yutime brand director Feng Shuai said he hopes the new cooperation will provide a world-class platform for Yutime in China to compete against its national and international competitors.The 2019 F1 Chinese Grand Prix, the 1,000th race in F1’s history, starts at 2pm on Sunday at the Shanghai International Circuit in Jiading District.