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Madrid GP Addresses 2026 F1 Worries with New Construction Agreement

Photo credit: www.motorsport.com

Madrid Grand Prix Construction Set to Begin, Alleviating Timeline Concerns

Concerns regarding the timeline for the Formula 1 Madrid Grand Prix have become less pressing following the awarding of a tender for the development of the hybrid street circuit. This pivotal move signals a commitment to the project and aims to ensure its timely completion.

On Tuesday, a contract was signed that establishes a partnership between Spanish construction company ACCIONA, holding a 60% stake, and France’s Eiffage Construction, which holds the remaining 40%. This joint venture is tasked with constructing the 5.47-kilometer circuit, which will be situated near Madrid’s Barajas airport and the IFEMA fairgrounds.

In January, Madrid’s mayor, Jose Luis Martinez Almeida, previously announced that construction would begin in April. However, delays in the procurement process—reportedly involving five bidders—had raised questions about the feasibility of meeting the planned debut in September 2026.

The new target to commence construction has been set for early May, with stakeholders recognizing the need to avoid additional delays to maintain a feasible 14-month construction timeline. Motorsport.com has received information indicating that building permits are expected to be issued next week, with groundbreaking anticipated shortly thereafter.

Official Statements and Future Prospects

Mayor Almeida expressed confidence in the timeline during a statement to Telemadrid, saying, “We are going to grant the licence and in principle we should be able to start in May for the F1 circuit to be able to host it for the 2026 season.” He emphasized the significance of Formula 1 returning to Madrid after more than four decades, noting, “It will be a street circuit, which is in line with what F1 wants: urban circuits.”

Almeida furthered his assurance, stating, “We offered them that possibility, they accepted, and therefore the people of Madrid will be able to enjoy Formula 1 in 2026. But the best proof that it is going to take place, I insist, is that in May work will begin on the circuit.”

Impact on Spanish Grand Prix Landscape

The introduction of the Madrid Grand Prix will mark a significant shift in the Spanish Grand Prix landscape, as it takes over the title from Barcelona. Currently, Barcelona is scheduled to host its final race in 2026 unless a new contract can be secured. Meanwhile, the Emilia Romagna Grand Prix at Imola faces uncertainty, with indications suggesting it may be removed from the calendar.

As preparations for the Madrid Grand Prix develop, the focus remains on delivering a modern street racing experience that aligns with Formula 1’s vision for urban circuits, inviting excitement and anticipation among fans and stakeholders alike.

Source
www.motorsport.com

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