P1racenews AI automatic summary:
Portugal is “ready to return” to the Formula 1 calendar as early as 2027.
Portugal is aiming to bring Formula 1 back to the Algarve International Circuit in 2027, as Prime Minister Luís Montenegro announced the country’s readiness to finalize a deal for the race. The government is prepared to provide financial support to revive the Portuguese Grand Prix at the Portimao venue, as revealed by the Social Democratic Party leader at the Festa do Pontal event this week. The Algarve International Circuit first hosted F1 in 2020 and retained its spot for 2021 before being dropped as the calendar returned to normal. The central government is now actively working to secure the return of Formula 1 to the region in 2027, following the successful renewal of a two-year MotoGP contract for 2025 and 2026. Portugal has a rich F1 history, with the Estoril Circuit hosting grands prix from 1984-96, and the Algarve track has become a prominent venue for international competitions in recent years. The last two Portuguese Grands Prix at Portimao were won by Lewis Hamilton when he drove for Mercedes.
