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Madrid F1 deal does not imply Barcelona monitor has no future

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The Circuit de Barcelona-Catalunya has been the race’s dwelling since 1991, nevertheless it turned more and more obvious throughout 2023 that Madrid looked set to take over internet hosting of the Spanish GP.

Nevertheless, Barcelona may but safe a spot for a second race in Spain. The nation has supported two occasions up to now, when the European GP was run at Jerez in 1994 and 1997, after which in Valencia between 2008 and 2012.

The problem is that slots on future calendars are at a premium as extra venues signal long-term offers.

“For the avoidance of doubt and to make clear right here, the very fact we’re in Madrid shouldn’t be excluding the very fact we may keep in Barcelona for the longer term,” Domenicali informed the F1 web site.

“Trying forward, there are discussions in place to see if we will actually lengthen our collaboration with Barcelona, with whom we’ve got an excellent relationship, for the longer term.”

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Domenicali harassed that there continues to be wholesome curiosity in F1 in Spain, which at present has two drivers on the grid in double world champion Fernando Alonso and Carlos Sainz.

“Spain was a market that simply a few years in the past, was not within the centre of our eyes,” he mentioned.

“Now it is vitally vital. We signed a brand new cope with Spanish broadcaster DAZN till a minimum of the top of 2026.

“It’s a pleasant downside to have, to have a number of cities – some in the identical nation – desirous to host a grand prix.

“It reveals the worth of our proposition. However we have to preserve targeted on the explanation for our success, and ensure we aren’t complacent.”

The Italian harassed that the push for a race in Madrid mirrored the general well being of the collection, with many potential host cities exhibiting curiosity in becoming a member of an more and more busy schedule.

He additionally acknowledged {that a} high-profile new venue in Europe bucked the development that has seen the collection develop within the USA and the Center East.

Madrid monitor structure

“It’s nice information for F1 because it reveals as soon as once more that there’s robust urge for food world wide for our sport,” he mentioned.

“It reveals that at a second the place Europe is perceived to be a spot that’s not able to spend money on our sport, Madrid and others are exhibiting it’s.

“They’ve introduced an interesting challenge, one which shall be constructed within the subsequent couple of years and a challenge that’s contemplating the followers and their complete expertise, from their journey to the entire occasion expertise.

“The proposition we acquired from the promoter was nice. For the reason that first day, it has been an open dialogue of what this occasion could be.”

Domenicali additionally harassed the length of the Madrid deal, with solely Bahrain – whose settlement with F1 runs to 2036 – at present having an extended contract.

“I’m more than happy that it’s a deal that takes us to 2035 – it’s a very long time,” he mentioned. “That is the target as F1, with both new or extra established promoters.

“It permits everybody concerned to plan the longer term and make investments sooner or later as it’s a assure for the promoter, for our companions, for our groups and for our sport. It offers everybody long-term visibility.

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“In the event you take a look at the previous, the renewals had been two years, three years or 5 years most. Now all our new offers are going within the course of being very lengthy. And if they’re quick, there’s a motive.”

Relating to the brand new venue’s sustainability credentials he mentioned: “F1 is totally dedicated to reaching Internet Zero Carbon by 2030.

“And IFEMA MADRID shares our imaginative and prescient and ambition to make the Spanish GP in Madrid some of the accessible and sustainable F1 occasions on the calendar.

“The brand new venue can have nice connections with town, by practice, metro and bus. It’s situated simply 16kms from town centre and it’s the promoter’s goal to deliver the overwhelming majority of followers from town to the monitor by way of public transport.”

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