Madrid Mayor gives a major update on negotiations with F1 to host second Grand Prix in Spain

Formula One might return to Madrid to host a street race as Mayor suggests that talks with FOM are going 'very well'


Madrid Mayor gives a major update on negotiations with F1 to host second Grand Prix in Spain

2022 Spanish GP (Credits: Autosport)

According to recent speculations, Madrid might host a Formula One Grand Prix on a street track in IFEMA. The mayor of Madrid, José Luis Martnez-Almeida, stated that discussions between F1 and Madrid are progressing ‘reasonably well,’ implying that the potential of a race in the Spanish capital city is growing.

The fairgrounds, IFEMA, have already made touch with Stefano Domenicali, the man in charge of the championship, who has received an offer to organize the Grand Prix from Madrid. Although no formal date has been determined, a race in Madrid might take place as early as 2027. “The negotiations to have a Grand Prix in Madrid are going reasonably well,” said Mayor Martínez-Almeida. “It is one of the great events out there, and cities are measured by their ability to attract great events.”

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A street circuit race in Madrid would be a significant event for the city, and it could help to boost the city’s tourism industry. Madrid has become a popular tourist destination in recent years, and a Grand Prix would undoubtedly attract many visitors. “The possibility of hosting a Grand Prix would be a fantastic opportunity for Madrid to showcase its city to the world,” said Martínez-Almeida. The city has recently played host to the coveted F1 exhibition.

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Spain might join the list along USA and Italy to host multiple races in a single season

Fernando Alonso waves Spanish Flag
Fernando Alonso waves Spanish Flag (Credits: F1)

Spain has a rich history in Formula One, with two-time World Champion Fernando Alonso being one of the country’s most famous sportsmen. However, Spain has not had two races on the calendar since 2012, when the Valencia Street Circuit was dropped from the calendar.

The Circuit de Barcelona-Catalunya currently hosts the Spanish Grand Prix, but its contract with Formula One expires in 2026. It seems unlikely that a country, except for the United States and Italy, can have two races, although the option of alternating between Madrid and Barcelona could be explored. But with F1 pushing for 30 races in a single season, Spain hosting two races seems likely too.

Despite the lack of an official date, the negotiations between Madrid and Formula One are a positive sign for those hoping to see the sport return to the city. “If the negotiations continue to go well, Madrid could be on the Formula One calendar once again,” said Martínez-Almeida. “Formula One is one of the great events out there, and a street circuit race in the city would undoubtedly bring the city a significant amount of attention and visitors.”

A Grand Prix in Madrid would be a significant event for Formula One and could help to attract new fans to the sport. The last time Madrid hosted a Formula One race was over 40 years ago, and a street circuit race would be an exciting new addition to the calendar. In conclusion, the negotiations between Madrid and Formula One are progressing well, and the possibility of a street circuit race in the city is increasing. If the negotiations continue, Madrid could be on the Formula One calendar. And street circuits are a developing trend, and it seems a highly possible event.

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