Joe
Junior
- Aug 4, 2018
- 563
Part One: The Man
"What car is my favorite? The one I haven't even dreamed of yet." - Toan Nguyen, CEO and Founder of VinFast
They say automobile racing is as old as the second car. That statement didn't quite ring as true in Vietnam, where cars toys for the rich and wealthy to push and shove through the congested streets of Saigon and Hanoi. Out in the back country, however, it was a different story. It was here where antiques and relics were pitted against each other, relics of the 1960s and 50s, pushed to their absolute limit on ungraded dirt roads, euro-style. Races that went up to 24 hours, through the night. Going so fast that life became but a blur. Drivers out here drove for their lives. They couldn't remember their name, what village they were from, what kind of car they even drove.
But, one thing was for certain, Vietnam loved to go fast. Vietnam loved to race and that love would be capitalized by a single man.
On the world stage, Vietnam had never quite done anything. In fact, it had never even raced Formula One before. That was all set to change with Toan Nguyen, the CEO and Founder of VinFast. He was 43 years old, heavy-set (rare for a Vietnamese man), and six feet tall (also incredibly rare for a Vietnamese man). Like many wealthy men of his generation, he was chauvinistic and had a certain Saigon flair about him. If anything needed to be said, he always took a limousine to work, reading the Da Nang Chronicle during the one kilometer coastal commute that often lasted thirty minutes or more because of rush hour traffic. He didn't care, time moved at his own pace.
This was Da Nang, the city where the Automobile Revolution was happening. It was a place where the nirvanistic, peaceful, Shangri-la like quality of Vietnam and the ugly horns of industralism met. It was a city where one could speed along the coastal road, the picturesque blue ocean to the East, the wind flying through your hair, a pretty girl in the passenger seat, and not a care in the world. It was the perfect destination for one of the largest growing companies in the country to set down their roots and build.
VinFast, the biggest business in the city, was growing so fast that the locals joked that the rise of Da Nang's skylines wasn't measured in metres, but rather, kilometers per hour. Just last year, in 1994, VinFast had topped it's best year yet, selling nearly one million cars. The city alone consumed nearly forty percent of the nation's synthetic rubber and thirty percent of the lead. Toan Nguyen, on the eve of the Lunar New Year decided that he had a vision. A way to make a statement for Vietnam and a world: VinFast cars were about performance, style, and audacity. On the day after the announcement of the 1995 Grand Prix, Toan Nguyen took to the stage and told the country that a secret new car was in the works, built by the new subsidiary of VinFast: VinFast Performance.
It would be known as the VinFast F1 W01 Turbo.
Vietnam was going to race Formula One.
"What car is my favorite? The one I haven't even dreamed of yet." - Toan Nguyen, CEO and Founder of VinFast
But, one thing was for certain, Vietnam loved to go fast. Vietnam loved to race and that love would be capitalized by a single man.
On the world stage, Vietnam had never quite done anything. In fact, it had never even raced Formula One before. That was all set to change with Toan Nguyen, the CEO and Founder of VinFast. He was 43 years old, heavy-set (rare for a Vietnamese man), and six feet tall (also incredibly rare for a Vietnamese man). Like many wealthy men of his generation, he was chauvinistic and had a certain Saigon flair about him. If anything needed to be said, he always took a limousine to work, reading the Da Nang Chronicle during the one kilometer coastal commute that often lasted thirty minutes or more because of rush hour traffic. He didn't care, time moved at his own pace.
This was Da Nang, the city where the Automobile Revolution was happening. It was a place where the nirvanistic, peaceful, Shangri-la like quality of Vietnam and the ugly horns of industralism met. It was a city where one could speed along the coastal road, the picturesque blue ocean to the East, the wind flying through your hair, a pretty girl in the passenger seat, and not a care in the world. It was the perfect destination for one of the largest growing companies in the country to set down their roots and build.
VinFast, the biggest business in the city, was growing so fast that the locals joked that the rise of Da Nang's skylines wasn't measured in metres, but rather, kilometers per hour. Just last year, in 1994, VinFast had topped it's best year yet, selling nearly one million cars. The city alone consumed nearly forty percent of the nation's synthetic rubber and thirty percent of the lead. Toan Nguyen, on the eve of the Lunar New Year decided that he had a vision. A way to make a statement for Vietnam and a world: VinFast cars were about performance, style, and audacity. On the day after the announcement of the 1995 Grand Prix, Toan Nguyen took to the stage and told the country that a secret new car was in the works, built by the new subsidiary of VinFast: VinFast Performance.
It would be known as the VinFast F1 W01 Turbo.
Vietnam was going to race Formula One.