Nov.6 (GMM) Organisers of Madrid’s new Formulation 1 race say greater than 50,000 tickets have already been bought for town’s debut race in September 2026 – with 1 / 4 of consumers coming from overseas, primarily the UK, US and Mexico.
Deputy Minister for Tradition, Tourism and Sport Luis Martin instructed the Madrid Meeting that the robust early demand “demonstrates the strategic alternative this new circuit represents to spice up tourism, the economic system and the worldwide projection of the area.”
The ‘Madring’ avenue circuit in Valdebebas is now 90 % by means of its earthworks, with completion anticipated by Could 2026. The monitor will probably be simply 16km from town centre and 5 minutes from the airport.
Officers anticipate the occasion to generate EUR 450 million yearly and assist greater than 8,000 jobs, however political opponents proceed to query the challenge’s prices and transparency.
Martin criticised the “steady questioning” from PSOE, Spain’s major centre-left get together, and Mas Madrid, town’s progressive green-left motion, mentioning that the Spanish authorities nonetheless supplies tens of millions in subsidies to Barcelona’s current grand prix.
