Motorsport - Media: Formula 1 to be held in Madrid from 2026
According to media reports, Formula 1 is planning a city race in Madrid from 2026. The contract for the Grand Prix in Spain's capital is said to be imminent, as reported by several specialist portals and the state TV station RTVE.
According to the reports, the new circuit is to run over the Madrid exhibition grounds and be around five kilometers long. A ten-year contract is being discussed between Formula 1 and the organizers of the new race, which will allegedly be modeled on the Formula 1 race in the US metropolis of Miami. The race would be financed entirely with private funds, according to reports.
The future of the World Championship race in Barcelona, which has so far been held as the Spanish Grand Prix, remains open. The racing series still has a contract with the operators of the Circuit de Catalunya up to and including 2026. Given the interest shown by many countries, it is unlikely that Formula 1 will hold two Grand Prix races per year in Spain in the longer term.
As the rights holder, Liberty Media has long been pursuing the goal of bringing Formula 1 to major cities in order to grow the premier class of motorsport. In addition to Miami, Las Vegas has also recently returned to the racing calendar. While the Barcelona circuit is located on the outskirts of the city, the circuit in Madrid could be much more in line with the expectations of Formula 1 marketers.
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The conclusion of the contract for the Formula 1 race in Madrid signifies a significant expansion of the premier class of motorsport into major cities. This new Grand Prix is expected to be similar to the one held in Miami, as indicated by the discussions for a ten-year contract. Meanwhile, the future of the Spanish Grand Prix in Barcelona remains undecided, given the increasing interest in city races. This shift towards urban circuits aligns with Liberty Media's long-term goal of bringing Formula 1 to international metropolises.
Source: www.stern.de
