The Formula 1 Madrid GP is approaching. As advanced OKDiario and confirmed afterwards. so much Relief as The world, The Community of Madrid has signed an agreement with FOM to celebrate an F1 Grand Prix in the Spanish capital.
Next, Sports news brings you all the information about the upcoming Formula 1 Madrid Grand Prix in Spain.
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Madrid F1 GP: What is known and when will it happen?
According to several Spanish media, it is expected that the agreement between the Community of Madrid and the FOM to hold a Formula 1 Grand Prix in the city of Madrid will be officially announced.
According to the information you manage The world, the project will be financed entirely by the private sector and will take place at Ifema, Madrid’s exhibition center, following a public tender for the contract. Ifema estimates that holding the event will have an impact of €500 million per Grand Prix.
The contract between Madrid and FOM will be for 10 seasons and the first match will take place in 2026, just one year before the end of the current legislative period in the Community of Madrid and the council (2027).
However, according to the information published by Brand, there appears to be an open conflict between the Circuit de Barcelona-Catalunya, as they are under contract until 2026 and will have to resign or be compensated for leaving the calendar. So, there would not be two F1 Grand Prix in Spain, since only one of the two could be done.
What will the Madrid F1 GP track be like?
The Madrid GP F1 circuit will be built in Ifema, north of the city of Madrid. The course will have permanent parts and others that will be added as the Grand Prix approaches.
It will have an extension of about five kilometers as indicated The world and will surround several of the booths of the exhibition area. The main straight will be right next to Ifema main building.
As pointed out in Relief, The route would have a bank curve from which the horizon line of the city of Madrid with the five towers of Castellana.
The negotiation history for the F1 Madrid GP
Through a letter later published on social networks, Mr community of Madrid In 2022 he showed his will to the chairman and CEO of Formula 1, Stefano Domenicali, to receive the Grand Prize in the near future. Today, the Spanish GP is held in Catalonia, a circuit with which he is under contract until 2026.
The Minister of the Presidency, Justice and the Interior, Enrique Lopezconveyed the desire of the Government to Isabel Diaz Ayuso of “make it possible” that the World Cup match can be held. “As you know, the Madrid region is experiencing exceptional economic and social development in the Spanish and European context”, the letter states. While emphasizing her “effective” transport infrastructure network, a climate “nice” and also a culture, its gastronomy and tourist attractions “first grade”.
The mayor of Madrid, Jose Luis Martinez-Almeidastated last June that there had been a series of “contacts” through the “very preliminary” to organize a GP in Ifema but the fairgrounds refused. Now, the Spanish capital faces another opportunity.
🏎️ The Community of Madrid is offering to host an upcoming Grand Prix @F1.
📩 The consultant @Enrique_L_Lopez has sent a letter to Stéfano Domenicali, highlighting the interest of the regional government and the prestige of the sporting events taking place in the region. pic.twitter.com/qEE1KmvQbp
— Community of Madrid (@ComunidadMadrid) June 23, 2022
The history of Madrid in Formula 1
While Barcelona is the current face of Spain in F1 (apart from Fernando Alonso and Carlos Sainz, of course), Madrid also has its history in Máxima. The Madrid Jarama – RACE Circuit was part of the international calendar for nine seasons, with 1981 being the last time.. Jacques Laffite took pole position, while Gilles Villeneuve would take the win.
From its debut in 1968 until 1978, the peculiarity was that all races were in the hands of world champion drivers. In the capital Graham Hill, Jackie Stewart, Emerson Fittipaldi, Niki Lauda, James Hunt and Mario Andretti (2) won.
The track is currently 3,850 meters long after its extension (previously it was 3,404) and is located in San Sebastián de los Reyes, in the northern region of the Community of Madrid. It has 13 corners, many of which are inspired by F1 legends such as Fangio, Farina or Ascari. Also featured are Le Mans, Monza and Bugatti.