Madrid is ready: Formula 1 returns in 2026 with new routes!

Madrid is ready: Formula 1 returns in 2026 with new routes!

Madrid, Spanien - Madrid is planning a comeback of Formula 1 with the first Grand Prix since 1981, which is due to take place in September 2026. Preparations for this spectacular event begin this year: Construction work for the route is scheduled to start in May 2025. This was announced in an official report by Laola1 For this purpose, those responsible signed a construction contract with the companies Acciona/ESP and Eiffage Construction/FRA. Although the planned route length is 5.47 kilometers, building permits still have to be obtained in order to adhere to the schedule. These steps are crucial in order to be able to realize Formula 1 to Madrid as planned.

economic impulses for Madrid

The President of the Madrid region, Isabel Diaz Ayuso, sees the Formula 1 event a great opportunity for the region. The event is expected to be pursued by over 70 million people worldwide and that GDP increase of over 450 million euros per year. In addition, the event is to create around 8,200 new jobs. Ayuso emphasizes the region's international charisma and competitiveness, while the mayor of Madrid, Jose Luis Martinez-Almeida, sees the Grand Prix as a step into the future of the city.

According to the current plans, Madrid will soon be part of the exclusive group of cities who will host F1 events. The comeback of Formula 1 is seen as an excellent opportunity to drive the transformation of Madrid and to present the city's skills at an international level, similar to how the Red Bull Ring in Austria achieves it with its events and the associated economic importance.

Comparison with the Red Bull Ring

The Red Bull Ring, located in Spielberg, Austria, is an example of how a Formula 1 event can bring enormous economic advantages. According to a report, Formula 1 generates over $ 2 billion from ticket sales, sponsorship and media rights annually. This event not only made the Red Bull Ring an important venue, but also contributed to the creation of jobs and to increase regional economic strength.

The event at the Red Bull Ring brings around 200 million euros annually to the region and increases overnight number and restaurant visits. These positive effects demonstrate the economic backing, which Madrid can also expect by returning Formula 1.

The Formula 1 race not only represents an outstanding sports event, but will also contribute significantly to the economic development and the creation of a positive image for Madrid. The anticipation for 2026 is growing, while both the government and the sports world are eagerly awaiting developments.