P1racenews AI automatic summary:
Formula 1 has confirmed that Spain’s grand prix will move to capital Madrid from 2026 on a 10-year deal. The
Formula 1 is planning to lay out a new circuit partly on the streets around the IFEMA Exhibition Centre in Madrid, incorporating both street and non-street sections. The track will be 5.47km long and will feature 20 corners. Formula 1 intends to build a permanent pits and paddock facility at the new circuit. The future of the long-term host Circuit de Barcelona-Catalunya is uncertain, as its contract runs until 2026. Formula 1 is currently in discussions with Barcelona’s promoter regarding future options. This new event in Madrid marks a new chapter for Formula 1 in Spain and showcases the city’s sporting and cultural heritage.
