P1racenews AI automatic summary:
Madrid closing in on F1 grand prix deal from 2026
According to current proposals, there are plans to host a Formula 1 race in Madrid, Spain from 2026 until 2035. The race would take place on a five-kilometre circuit located near the IFEMA convention centre, close to the Madrid-Barajas international airport. The course would utilize the IFEMA pavilion complex, as well as existing streets, including the M-11 motorway and the former grounds of the Mad Cool music festival. The city and community councils of Madrid have shown support for the plans, but external investors are being sought to fully fund the race with private money. If the plans go ahead, it could put pressure on the future of the current Spanish Grand Prix in Barcelona, which has a contract until 2026.
