The Madrid Metropolis and Regional Governments expect the outcomes of the bid to host the 2026 Spanish Gran Prix.
The present proposals are to host the Method 1 race within the Spanish capital from 2026 till 2035 on a course laid out across the IFEMA conference centre and Valdebebas together with components of the course contained in the IFEMA halls.
The five-kilometre circuit can be primarily based across the IFEMA pavilion advanced which might even have the start-finish straights and the location of the race paddock advanced.
It could additionally use some present streets, together with the M-11 motorway, to loop alongside soccer membership Actual Madrid’s Valdebebas coaching advanced and thru the previous grounds of the Mad Cool music pageant.
The plans have acquired help from the town and neighborhood councils of Madrid, though the race has sought exterior traders so it may be absolutely funded with personal cash.
Motorsport.com understands Fernando Alonso’s former supervisor Luis Garcia Abad is without doubt one of the key figures behind the deal.
Spain’s present grand prix in Barcelona holds a sound contract till 2026, so if Madrid’s plans go forward F1 would host two races within the nation that season, wherein case the brand new race may very well be provisionally labelled the Madrid Grand Prix.
The logos ‘Method 1 Madrid Grand Prix’ and ‘Madrid Grand Prix’ have been registered in March this 12 months.
However with European slots on the F1 calendar restricted, Madrid’s impeding arrival seems set to place elevated stress on Barcelona’s long-term future.
“You’ll be able to by no means say by no means in life, in fact, however two races in Spain may be very difficult,” F1 CEO Stefano Domenicali stated when talks over a race in Madrid obtained underway.
“There may be nice curiosity [from Madrid], however it’s also true that we’re targeted in the meanwhile on Barcelona, which has a contract, and the connection is powerful.”
Spain final held two races in Spain between 2008 and 2012 with the European Grand Prix in Valencia complementing the Barcelona race.
Valencia dropped out of bidding for future races resulting from prices – with an estimated black gap of 200 million Euros.
Madrid´s bid envisages that the capital would benefir by some 500 million Euros with over 100,000 spectatos.
2023 noticed report at some point attendance of 125,565 spectators on the Circuit de Barcelona-Catalunya.
