Madrid to join Formula 1 calendar from 2026 in new long-term deal

Formula 1 has at present introduced that the Spanish Grand Prix will likely be held in Madrid from 2026 to 2035 inclusive following an settlement with IFEMA MADRID to deliver a brand-new circuit to the Spanish capital, which can incorporate each avenue and non-street sections.

The new 5.47km circuit, topic to FIA homologation and ultimate design specification, will function 20 corners, with a projected qualifying lap of 1 minute 32 seconds. Built all over the world class IFEMA exhibition centre, the circuit will even incorporate a premium Paddock constructing with a new race tower and workplace areas, VIP hospitality and leisure areas.

The venue is projected to have capability to host greater than 110,000 followers per day throughout grandstand, basic admission, and VIP hospitality. There are additionally plans to develop the circuit’s capability to 140,000 per day over the primary half of the settlement, making Madrid one of many largest venues on the F1 calendar.

Located in town of Madrid and 5 minutes from the Madrid-Barajas Adolfo Suárez airport, the Spanish Grand Prix will grow to be one of the crucial accessible races on the F1 calendar, with the circuit only a brief commute away by Metro, prepare, and metropolis strains. It is estimated that 90% of followers will likely be ready to journey to the Paddock through public transport, whereas followers staying in native lodging will likely be a brief stroll away.

Formula 1 is dedicated to reaching Net Zero Carbon by 2030 and IFEMA MADRID shares the imaginative and prescient to make the Spanish Grand Prix one of the crucial sustainable F1 occasions of the season. Over the final 5 years, IFEMA MADRID has diminished its carbon footprint in scopes 1 and a pair of* by 78% and plans are in place to additional cut back its carbon emissions, with sustainable occasions a central focus. All IFEMA MADRID buildings use 100% licensed renewable power in all exhibition halls and any non permanent construction constructed for the race will likely be constructed utilizing recyclable supplies.

The Region of Madrid and its capital are broadly thought of to be among the best locations in the world, recognized for its vibrant tradition, conventional landmarks, and premium culinary and leisure choices. In addition to the Grand Prix, fan activations will happen in Downtown Madrid. There will even be loads of engagement with native companies and colleges to guarantee the entire neighborhood advantages from the occasion, which is predicted to generate a projected €450m to town’s economic system per yr.

Commenting on the announcement, Formula One President and CEO, Stefano Domenicali stated: “Madrid is an incredible city with amazing sporting and cultural heritage, and today’s announcement begins an exciting new chapter for F1 in Spain. I would like to thank the team at IFEMA MADRID, the Regional Government of Madrid and the city’s Mayor for putting together a fantastic proposal. It truly epitomises Formula 1’s vision to create a multi-day spectacle of sport and entertainment that delivers maximum value for fans and embraces innovation and sustainability.”

Speaking of the new location of the Spanish Grand Prix, FIA President, Mohammed Ben Sulayem added: (*1*)

José Vicente de los Mozos, President of the Executive Committee of IFEMA MADRID, stated: “Our dream of internet hosting a significant F1 occasion round IFEMA MADRID has come true. We are thrilled to announce the return of F1 to Madrid after greater than 4 many years.

“We have the ambition to organise a Grand Prix that can grow to be a reference in the F1 worldwide calendar, particularly conceptualized and designed to supply a particular and distinctive expertise for each followers and groups collaborating in the competitors. With this, Madrid needs to deep dive into the event of a new idea that mixes sport and leisure, whereas delivering a memorable occasion.”