Madrid will join the Formula 1 calendar and host the Spanish Grand Prix from the 2026 season.
The Spanish capital will stage a new race on a circuit on a planned 3.4-mile, 20-corner layout in the area around the city’s IFEMA exhibition centre, which is 10 miles from the city centre and close to the international airport.
It is understood that discussions are ongoing with Barcelona, the long-time host of the Spanish GP, over its future in the sport.
Madrid has signed a 10-season deal until 2035. The track will incorporate street and non-street sections.
Barcelona has staged the Spanish GP at the Circuit de Catalunya in every season since 1991, and is on a contract that was previously announced to run to 2026.
It is not out of the question that both cities could still feature on the calendar in future seasons.
Either way, Madrid’s announcement means they will take over the Spanish GP title from two years’ time.
Madrid lands deal to become new home of Spanish GP
For the Madrid region, the new 2026 event will represent a first Grand Prix in 45 years.
The Jarama circuit, located 20 miles north of the capital, staged the last of nine grands prix in 1981.
“Madrid is an incredible city with amazing sporting and cultural heritage, and today’s announcement begins an exciting new chapter for F1 in Spain. I would like to thank the team at IFEMA Madrid, the Regional Government of Madrid and the city’s Mayor for putting together a fantastic proposal,” said F1 president Stefano Domenicali.
“It truly epitomises Formula 1’s vision to create a multi-day spectacle of sport and entertainment that delivers maximum value for fans and embraces innovation and sustainability.”
Madrid organisers are aiming to make the race one of the most accessible and sustainable on the calendar, with 90 per cent of an initial daily attendance of more than 110,000 fans expected to travel by public transport.
FIA president Mohammed Ben Sulayem said: “As we build towards the introduction of the FIA 2026 Formula One regulations, which have been framed with Net Zero carbon by 2030 in mind, it is pleasing to see that the local organisers have placed a sharp focus on environmental sustainability in their plans for the event.”
Fernando Alonso, the two-time world champion who currently drives for Aston Martin and is gearing up for his 21st season on the grid, and Ferrari race winner Carlos Sainz are Spain’s two high-profile current drivers.
Las Vegas was the most-recent addition to the calendar, last November, and the 2024 season is staging a record 24 races.
This year’s Spanish GP at Barcelona takes place on June 23. Spain briefly staged two races a season in 2008-2012 when the short-lived Valencia GP was on the calendar on a harbourside track around the city’s port.
24 races in 2024! Watch every round of next season live on Sky Sports F1, starting with the Bahrain Grand Prix from February 29-March 2. Stream F1 on Sky Sports with NOW