Overview
- Work at the Autódromo Oscar y Juan Gálvez has passed 60% completion on a US$150 million renovation that adds a new horquilla, a tunnel, rebuilt boxes, expanded tribunes and upgraded access routes.
- Officials say the city is targeting FIA Grade 1 homologation in February 2027 and will host MotoGP in April 2027 as an operational test of the upgraded venue.
- Buenos Aires is positioning itself to seek a Formula 1 calendar slot for 2028–2029, but Liberty Media and the FIA have not yet granted a race date or final approval.
- City projections estimate a Formula 1 race could generate about US$400–500 million for Buenos Aires while the MotoGP weekend is expected to bring roughly US$150 million and about 50,000–55,000 spectators.
- Local star Franco Colapinto, recent diplomatic contact with the FIA, and openings created by suspended Gulf races and a small Southern Hemisphere calendar are being highlighted as factors that could improve Buenos Aires’ chance of landing a Grand Prix.