The Spanish Formula 1 GP will change location in 2026. According to the newspaper ‘El Mundo’, the race It will no longer be held at the Circuit de Barcelona-Catalunya to do so in Madridaround the Ifema site.
The agreement, which will be financed by private investment To avoid a repeat of the scandals and problems that ended with the Valencian Community GP, it will be announced in the coming days, ending more than 30 years of F1’s connection to the track located in Montmeló.
The economic impact for the Community of Madrid is approximately 5,000 million euros500 for each of the ten years covered by the agreement.
Already in the summer, Mundo Deportivo published that this possibility is on the table. “We have a confidentiality agreement and I cannot reveal when we will have a contract, but I know when we will sign it and when we will announce it”, assured the president of the Executive Committee of Ifema, José Vicente De los Mozos, in an informative meeting organized by the Nueva Economía Fórum.
De los Mozos himself and the president of the Community of Madrid, Isabel Díaz Ayuso, expressed their optimism about this possibility.but until now no one has publicly announced so strongly that Madrid will join the F1 calendar by setting up an urban circuit located around the fairgrounds.
“I am talking with Stephano Domenicali and with mutual trust, we will do things”, De los Mozos pointed out about the contacts with Domenicali, the current executive director of F1.
As a source close to the negotiations explained to MD in the summer, the Madrid circuit will go from Ifema to Valdebebas, forcing vehicles to pass under the M-11 bridge. This route, already designed, should use one of the widest streets that pass right next to Ifema, such as Vía de Dublin, to go to Valdebebas passing under the M-11 bridge to Real Madrid Sports City .
F1 and its idea of approaching the city
F1 tends to be closer to the cities, that is this product bet more and more on all the new circuits which is added to the calendar. Proof of this is the latest American events added to the ‘Great Circus’ such as Miami or Las Vegas, or previous accesses such as Jeddah (Saudi Arabia) or Baku (Azerbaijan). This type of product allows Liberty Media, owners of F1, to bring the races closer to the people who live in the city and its tourists, offering greater facilities to get to the track.
The new Ifema-Valdebebas circuit fully meets this need, as it is accessible by public transport. In addition, this product allows F1 to offer VIP experiences with greater demand and higher prices.
At this point, The circuit project focuses on meeting the need of neutralizing CO2 emissions using renewable energy and GP emissions will be offset by other CO2 capture projects, a plan in line with F1’s wishes, which with the engines it will introduce from 2026, with more electric power and synthetic fuels, will reduce in its footprints. it aims to be a 0-emissions competition by 2023.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
