Formula One Announces 10-Year Deal to Host Spanish Grand Prix in Madrid from 2026

New Circuit to be Built Around IFEMA Exhibition Center, Boosting Madrid's Economy and Creating Jobs

Formula One has announced a 10-year deal to host the Spanish Grand Prix in Madrid from 2026 to 2035, replacing Barcelona as the host city.
The new circuit in Madrid will be constructed around the IFEMA exhibition center, featuring both street and non-street sections, and is projected to have a capacity of 110,000 fans per day, with plans to increase to 140,000.
Formula One CEO Stefano Domenicali praised Madrid's sporting and cultural heritage and stated that the move begins an exciting new chapter for F1 in Spain.
The future of the Barcelona Grand Prix remains uncertain, with the city's contract with Formula One ending in 2026, but discussions are ongoing about potential future opportunities.
The Madrid Grand Prix is expected to contribute significantly to the city's economy, with projections of more than 450 million euros added to Madrid's GDP per year and the creation of 8,200 jobs.