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Sunday, February 25, 2024

Madrid lands Spanish GP from 2026 as Barcelona fights for F1 future

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Madrid’s new deal implies that the occasion leaves the Circuit de Barcelona-Catalunya, which has been its residence since 1991, with an unsure future.

F1’s preliminary announcement on Tuesday morning made no point out of the present venue.

Nonetheless, it’s understood that the Barcelona authorities are nonetheless in discussions concerning the future, and {that a} second occasion within the nation has not been fully dominated out.

A hybrid 5.47km circuit that includes avenue and non-street sections might be constructed across the IFEMA fairgrounds and conference centre positioned to the north-east of the town.

Nonetheless topic to FIA approval, the monitor will characteristic 20 corners, with a predicted lap time of 1m32s. It would have what F1 calls a “premium” paddock constructing.

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Nicely-served by public transport, the venue will initially have a capability of 110,000, which might be elevated to 140,000 over the primary half of the contract.

Opened in 1991, IFEMA is operated by a consortium of public our bodies, consisting of the town council of Madrid (31%), the regional administration of the group of Madrid (31%), the Madrid chamber of commerce (31%) and the Montemadrid Basis (7%), and thus the native authorities are totally behind the F1 mission.

The venue’s boss claimed as way back as July {that a} deal had been agreed, however on the time F1 sources insisted that nothing had been signed.

The ten-year deal continues the development for long-term race contracts, with Madrid becoming a member of Australia (2035) and Bahrain (2036) amongst people who prolong furthest into the long run.

The Madrid space beforehand hosted a race on the Jarama circuit on 9 events between 1968 and 1981.

“Madrid is an unimaginable metropolis with wonderful sporting and cultural heritage, and right now’s announcement begins an thrilling new chapter for F1 in Spain,” stated F1 CEO Stefano Domenicali.

Picture by: Components 1

IFEMA Madrid

“I want to thank the crew at IFEMA MADRID, the regional authorities of Madrid and the town’s mayor for placing collectively a unbelievable proposal.

“It actually epitomises F1’s imaginative and prescient to create a multi-day spectacle of sport and leisure that delivers most worth for followers and embraces innovation and sustainability.”

FIA president Mohammed Ben Sulayem burdened that the venue can have a eager deal with sustainability.

“Fashionable F1 automobiles racing on a brand new circuit within the Spanish capital metropolis of Madrid is an attractive prospect,” he stated.

“As we construct in direction of the introduction of the FIA 2026 F1 rules, which have been framed with Internet Zero carbon by 2030 in thoughts, it’s pleasing to see that the native organisers have positioned a pointy deal with environmental sustainability of their plans for the occasion.

“As is customary, the proposed circuit might be topic to FIA homologation and security checks and calendar approval by the World Motor Sport Council.”

Jose Vicente de los Mozos, president of the manager committee of IFEMA MADRID, and the person who claimed that the deal was signed final summer time, stated that the race would turn out to be a “reference” for the game.

“Our dream of internet hosting a serious F1 occasion round IFEMA MADRID has come true,” he stated. “We’re thrilled to announce the return of F1 to Madrid after greater than 4 many years.

“We have now the ambition to organise a grand prix that may turn out to be a reference within the F1 worldwide calendar, particularly conceptualised and designed to supply a particular and distinctive expertise for each followers and groups collaborating within the competitors.

“With this, Madrid needs to deep dive into the event of a brand new idea that mixes sport and leisure, whereas delivering a memorable occasion.”

Isabel Diaz Ayuso, president of the Area of Madrid, emphasised the anticipated financial impression on the town.

Max Verstappen, Red Bull Racing RB19, Carlos Sainz, Ferrari SF-23, Lewis Hamilton, Mercedes F1 W14, Lance Stroll, Aston Martin AMR23, Lando Norris, McLaren MCL60, the rest of the field at the start

Picture by: Steven Tee / Motorsport Images

Max Verstappen, Pink Bull Racing RB19, Carlos Sainz, Ferrari SF-23, Lewis Hamilton, Mercedes F1 W14, Lance Stroll, Aston Martin AMR23, Lando Norris, McLaren MCL60, the remainder of the sector initially

“We’re the primary engine of Spain’s prosperity and progress,” she stated. “This occasion, which we count on to be adopted on a world scale by 70 million folks, will characterize a rise of greater than €450 million in Madrid’s GDP per yr, and the creation of 8,200 jobs.

“The Group of Madrid is a area with an excellent worldwide projection, open, plural, and aggressive, and F1 will contribute to additional consolidate the Madrid model among the many finest on the planet.”

Metropolis mayor Jose Luis Martinez-Almeida added: “We all know that F1 is greater than a race, it’s an unprecedented alternative to drive the transformation that Madrid is present process, and to indicate the world what we’re able to.

“I’m assured that Madrid might be as much as the duty, not solely as a result of we deserve a spectacle of the magnitude of F1, but in addition as a result of F1 deserves a metropolis with the power, character, and keenness of Madrid.”



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