Overview

• Estefan marked 50 years in music with a free midday concert at Plaza de Colón that drew thousands, featuring guest appearances by Nathy Peluso and Emily Estefan.
• The Gran Cabalgata is scheduled to parade along Gran Vía from 18:00 with 2,500 participants representing 23 Spanish‑speaking countries and the Philippines for the first time, led by Argentina as guest of honor.
• Madrid has deployed about 800 Policía Municipal officers, including 190 at Colón, and closed Gran Vía to traffic from 16:00 to 22:00 with added restrictions on Alcalá and temporary Metro access limits and EMT bus detours.
• The regional government confirms a €400,000 Univisión campaign to air festival programming and promote Madrid in the US and Mexico, and reported artist fees include €484,000 for Estefan; the parade budget is cited at €400,000.
• Authorities estimate around 66,000 attendees for the day, and organizers point to 2024 figures of 690,000 visitors and an estimated €43 million economic impact from the event.