Spain It consolidated itself as a magnet for the great world sports competitions, especially in the universe of motoring. The imminent landing of Formula 1 Grand Prize In its capital, Madrid, plus the arrival of the Formula e I already awaits her MotoGP, Now under the umbrella of Liberty Media, they place the Spaniards in an unprecedented leadership position. All this with a great economic impact.
The highest responsible for IFEMA MADRID, Dorna Sports, Match Hospitality and the Formula e They coincide at the time the Iberian country lives to attract great competitions, which already translates into record business figures.
The most ambitious and media project is the arrival of the Formula 1 to Madrid from 2026. Daniel MartínezExecutive Vice President of IFEMA MADRIDhas stressed that the appeal of Spain It is based on infrastructure, tourism and, at the same time, being a reference in the world of sport.
The impact of the project promises to be huge, with an investment of 451 million euros And more than 10,000 direct jobs. The construction of the circuit of Formula 1 of Madrid will cost 83 million euros.
The circuit, designed under the standards of the approval of Grade 1 of FIA (International Automobile Federation), will be 5,400 meters long, of which 4,100 will pass through the interior of IFEMA Madrid plots, and 1,300 in a section of public roads.
The expectation is in tune and is full, which generates a successful monetary flow. “We launched the presale and we have already sold 25,000 entries in some few days, which is sensational”revealed MARTÍNEZ.
It is estimated that the event will attract 120,000 visitors45% of them foreigners, and will have a 0.2% impact on the Gross Domestic Product (GDP) of the community.
He Madrid Grand Prix of the Formula 1 Not only will it be a race, but an integral show. Carlos TeclesChief Commercial Officer of Match Hospitality, has detailed how it is designing what will be “The biggest luxury offer of a Grand Prix”with more than 20,000 daily VIP places. The collection will be unpublished.
How will they achieve this? “This is not just seeing a race, it is an experience that lasts between 8 and 12 hours, with shows, DJs, legends and apter-parties. We create different environments for different audiences, from the corporate to the family or the holiday”Detaled Celes.
In turn, the possibility is being explored that MotoGP Be celebrated, from 2027, in the same urban circuit that is being built for formula 1.
Formula and bets on the young and urban public of Madrid
The Formula e He will celebrate his first Eprx of Madrid official the March 21, 2026 in the historic Madrid circuit.
Thus, it will be the first eprx of the Formula e with public in Spain and one of the seven cities of the world that will house both Formula E races and Formula 1 in 2026.
Alberto Longoco -founder of the Formula ehe explained why his championship, after eleven years of history, has chosen Madrid. “It was love at first glance”he stressed.
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The numbers of the agreement have not been made public, but they will be solved with income from sponsors, image and tourism rights. The celebration of the Madrid Eprx will attract visitors, both national and international, which will generate an increase in consumption in hotels, restaurants, transport and other tourist services.
The comparison with the investment of the City of Buenos Aires for the return of the MotoGP
He MotoGP will return to Buenos Aires in 2027 After 28 years. The latest edition of Argentina Grand Prix It was carried out at the Río Hondo Autodrome, in Santiago del Esteroin 2023. In fact, the Argentine Square will change headquarters.
Investment for remodeling works of Oscar and Juan Gálvez Autodrome will be covered entirely by the Government of the City of Buenos Aires. The amount of it will be some 150 million dollars. In turn, if the final result of the works is a success, the circuit could also be approved by the FIA For the Formula 1 In the near future.
The Buenos Aires government hopes to recover this investment and obtain profits from the next few years, since it will be at least up to 2030.
Source: Ambito
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