An agreement that had been known for a long time was made official. The Barcelona Fair covering his unity Barcelona-Cataluny Circuitsto keep the operation and management of the Circuit de Barcelona-Catalunya for the next 20 years, with a 2+18 agreement based on the renewal of Formula 1 and MotoGP GPs. Contract It will take effect on January 1.
The idea of this union, which will be managed by the new company Fira Barcelona, is to reduce the public cost of maintaining the facilities and hosting all the races that will take place throughout the year in addition to vary the activities that takes place beyond mere competition: fairs, festivals, conferences…
“The alliance with the Fira Internacional de Barcelona will enhance and accelerate the transformation that began a year and a half ago with the approval of the Strategic Plan. This agreement will allow the Barcelona-Catalunya Circuit to consolidate as one of the best in the world and as a global reference. We had to make that leap into the 21st century after 30 years of existence“said Roger Torrent, Minister of Business and Economy and president of the Circuit.
Fira’s contribution will be a fixed 9 million euros per year and then variables depending on income. It is said that this also gives them strength in the face of renewals in F1 but it is still the same
The CEO of the Circuit de Barcelona-Catalunya, Oriol Sagrera, spoke to the media, together with the MD, after the event. “We are optimistic. You know that renewal is in focus. We continue to work with the hope of continuing for many years. We are very close, F1 has a very good relationship. We are in a situation where there is a lot of room to negotiate.” Sagrera also confirmed that who pays the GP fees will continue to be the Circuits.
Constantí Serrallonga, general director of Fira Barcelona, has been in charge of ensuring that, in the event of a renewal in F1, the agreement will not explode. “The scenario is that Fira can contribute to the improvement of the Circuit and it makes sense in any situation. Regardless of the context, Circuit is a relevant structure that we can exploit beyond the competitive world. motorcycle”.
Another of the strategic points of the agreement with Fira is the arrival of the train to the Circuit from Barcelona: “This is one of the medium-term objectives. The railway passes through the facilities of the Circuit and the mobility landscape will change when people can come down directly to it,” Sagrera said.
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.
