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Organisers of Formulation 1’s Madrid Grand Prix have eased considerations over the race’s timeline by awarding a young for the development of the hybrid road circuit.
On Tuesday a contract was signed with Spanish development agency ACCIONA (60%) and France’s Eiffage Development (40%), who will kind a three way partnership to assemble the 5.47km circuit near Madrid’s Barajas airport, across the IFEMA fairgrounds.
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In January Madrid mayor Jose Luis Martinez Almeida introduced works on the circuit would begin in April, however delays within the procurement course of – which Motorsport.com understands concerned 5 bidders – meant the occasion was beginning to come underneath stress to prepare in time for its deliberate September 2026 debut.
The newest deadline to start out development has now been set for early Could, with it understood the beginning of the works cannot be delayed for much longer to make sure a sensible 14-month timeline. Motorsport.com has realized constructing permits are set to reach subsequent week, and that work ought to start quickly after that.
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“We’re going to grant the licence and in precept we should always be capable of begin in Could for the F1 circuit to have the ability to host it for the 2026 season,” Almeida advised Telemadrid.
“Eventually, after greater than 40 years, Formulation 1 will return On this case to the streets of Madrid, as a result of will probably be a road circuit, which is according to what F1 desires: city circuits.
“We supplied them that chance, they accepted, and subsequently the individuals of Madrid will be capable of take pleasure in Formulation 1 in 2026. However one of the best proof that it’ll happen, I insist, is that in May match will start on the circuit.”
Madrid will take over the Spanish Grand Prix moniker from Barcelona, which is presently set to host its final race in 2026 except it will probably safe a brand new contract. Out of the present 24 races Imola’s Emilia Romagna Grand Prix is all however assured to lose its slot on the calendar.
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