Madrid to host Formula 1 race after 45 years

The International Automobile Federation (FIA), the Autonomous Government of Madrid, and the Madrid City Council have signed an agreement to bring Formula 1 races to Madrid, with the city's track set to feature in the Formula 1 calendar from 2026 to 2035.

The proposed Madrid circuit, pending FIA approval, is expected to be 5,474 meters long with 20 turns, eight overpasses, two tunnels, and four overtaking points.

The average lap time is anticipated to be around 1 minute and 32 seconds. The circuit, built entirely through private enterprise, will have a capacity for 110,000 spectators.

The return of Formula 1 to Madrid, last held in 1981 at the Jarama Circuit in San Sebastian de los Reyes, near the capital, is projected to contribute approximately 450 million Euros annually to the city's economy.