Formula 1 has officially announced that IFEMA MADRID will be the organizer of the Spanish Grand Prix from 2026 to 2035. The agreement, announced today by Stefano Domenicali, President and CEO of F1, and José Vicente de los Mozos, Chairman of the Executive Committee of IFEMA MADRID, represents a decade-long partnership that will bring estimated annual revenues of 450 million euros to the Spanish capital.
The proposed circuit, developed by Dromo, will be 5.474 km long, with 20 corners and a qualifying lap of 1 minute and 32 seconds, with FIA homologation still pending. F1 will return to Madrid in 2026, offering a long-term perspective that favors the return on initial investments.
The project aims to combine sport and spectacle, providing a sustainable experience both economically and environmentally. IFEMA MADRID will make the Spanish Grand Prix in Madrid an unprecedented sports experience: with over 200,000 m2 of pavilions, 10,000 meters of multi-purpose meeting spaces, and 10,000 parking spaces, the exhibition center promises to offer top-notch services for participants and Formula 1 enthusiasts.
The initial capacity is expected to be 110,000 spectators, but it will be expanded to 140,000 within five years. The project is also characterized by a significant effort to focus on sustainability, with the goal of achieving a carbon-neutral race in line with the sustainability, diversity, and inclusion policies of F1.
The decision to bring the Spanish Grand Prix to Madrid was made based on the distinctive features of the city, highlighting high standards in lifestyle, rich culture, gastronomy, hotel facilities, and overall service quality. The event is expected to attract over 85,000 tourists annually, generating over 450 million euros for the city of Madrid and creating more than 8,200 jobs.
