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Madrid to host Spanish Grand Prix from 2026 after 10-year deal with IFEMA

Madrid to host Spanish Grand Prix from 2026 after 10-year deal with IFEMA

Ahead of the 2024 season, Formula 1 has announced that Madrid will be joining the calendar from the 2026 season.

The Spanish Formula One Grand Prix is set to move to Madrid from 2026 to 2035, according to an announcement by the sport on Tuesday. The new circuit will be located around the capital’s IFEMA exhibition centre, creating a multi-day spectacle of sport and entertainment.

Barcelona’s Circuit de Catalunya, the current host, has a contract until after the 2026 race, and talks are ongoing about its future. There’s even a possibility of Spain having two races in 2026. The proposed 5.47km circuit in Madrid, subject to FIA homologation and safety checks, will feature both street and non-street sections, emphasizing environmental sustainability with a focus on public transport access.

Formula One CEO Stefano Domenicali expressed excitement about the move, highlighting Madrid’s incredible city and the event’s alignment with Formula One’s vision.

“Madrid is an incredible city with amazing sporting and cultural heritage, and today’s announcement begins an exciting new chapter for F1 in Spain,” said Formula One chief executive Stefano Domenicali.

Madrid to Host Spanish Grand Prix from 2026 on New IFEMA Circuit after signing a contract that run through till 2035

The projected capacity of the venue is over 110,000 spectators per day, with plans to increase to 140,000 over the agreement’s first half. The president of the Madrid region, Isabel Diaz Ayuso, anticipates significant economic benefits, with an increase of over €450 million in Madrid’s GDP per year and the creation of 8,200 jobs.

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