“New 10-Year Deal Sees F1 Embrace Madrid’s Streets and IFEMA Exhibition Centre”
In a groundbreaking move, Formula 1 has officially confirmed that the Spanish Grand Prix will relocate to Madrid from 2026 under a lucrative 10-year deal. The innovative circuit will wind its way through the streets surrounding the IFEMA Exhibition Centre in the north-east of Madrid. Spanning 5.47km with 20 corners, the track will be a fusion of both street and non-street circuits, featuring a permanent pits and paddock facility to be constructed by Formula 1. This monumental shift raises questions about the future of the Circuit de Barcelona-Catalunya, the long-standing host with a contract until 2026.
The Madrid-bound Grand Prix represents a significant departure from the traditional Spanish host, Circuit de Barcelona-Catalunya, which has been a fixture on the Formula 1 calendar since its establishment in 1991. Formula 1 CEO Stefano Domenicali expressed enthusiasm for the move, praising Madrid’s cultural heritage and the commitment of IFEMA MADRID, the Regional Government of Madrid, and the city’s Mayor in crafting an exceptional proposal. The relocation aligns with Formula 1’s vision to create an extended spectacle of sport and entertainment, maximizing value for fans while emphasizing innovation and sustainability.
While Madrid hasn’t been part of Formula 1 since the early 1980s, the return promises to invigorate the racing scene. The new circuit design, spanning both street and non-street sections, is poised to offer an electrifying experience for both drivers and spectators. The announcement didn’t delve into the future of Circuit de Barcelona-Catalunya, leaving the motorsport community in anticipation of further details and discussions with Barcelona’s promoter over potential future options. Madrid’s inclusion in the Formula 1 calendar underscores the sport’s continuous evolution and its commitment to embracing dynamic venues worldwide.