Madrid will have a Formula 1 Grand Prix. We have been hearing these rumors for years. According to El Mundo, it is confirmed and Madrid will be the headquarters of the Spanish GP from 2026a urban circuit which will tour the surroundings of the Ifema site and the Valdebebas neighborhood.
There are no official confirmations, but the newspaper states that it will be made official imminently. If so, the highest category of world motorsport will return to the Spanish capital, with an urban layout that will combine permanent and temporary parts.
F1 arrives in Madrid, but says goodbye to Barcelona
Since the beginning of the 90s, the Montmeló Circuit has been the track on which the fastest cars and drivers on the planet have raced in Spain. Following the latest news, and according to El Mundo, the Catalan route will no longer be used. That is to say, There will not be two Spanish GPs in 2026, as Catalonia will fall from the calendar.
We remember that between 2008 and 2012 we did have two Spanish events, running both in Montmeló and in the Valencia urban circuit. The newspaper comments in its article that "it is not viable according to F1 sources."
The organization of the Grand Prix will be 100% with private capital
Apparently, the president of the Madrid community, Isabel Díaz Ayuso, and the mayor of the capital, José Luis Martínez-Almeida, have supported the initiative since the rumors began to gain strength.
In any case, and more so having recently economic fiasco of the Valencia GP Between 2008 and 2012, the organization of the Formula 1 Madrid Grand Prix will have entirely private capital.
We will have to wait a few months to find out who will be the private developer, which will be assigned to the competition and will be responsible for the investment and organization. Later we will know other details, such as the exact route, the infrastructure, the measures that will be taken and, of course, the exact date. It goes without saying that all the FIA regulations and approvals (International Automobile Federation).
On the other hand, they estimate that the economic impact of the event in Madrid will be close to 500 million euros annually. signing in principle for 10 seasons. Meanwhile, the estimated budget to build the runway, with its temporary and permanent sections, is around 100 million euros.
The starting line will be in front of the main Ifema building
Regarding the route, it has been reported that it will have about 5 kilometers of rope, with the starting line in front of the façade of the main Ifema building, and then cross the M-11 towards Valdebebas, circulate along the Real Madrid Sports City and through the land where the Mad Cool festival has been organized, returning in its final part to the area of the Ifema pavilions.
Source - El Mundo