Three weeks ago, Stefano Domenicali, president and CEO of Formula 1, was in Madrid, where he was asked to familiarize himself with the project of the World Cup, which could be held in the Spanish capital in the foreseeable future.
“The project proposed to us for the Madrid race seems interesting, but work still needs to be done to assess its feasibility from a technical and economic point of view,” he said at the time.
The newspaper Diario AS reported some additional information about this project, highlighting that although it is in its very first phase, it enjoys the support of the Madrid authorities, which is already very much.
In March next year, Formula 1 will open its first official exhibition in the capital of Spain, which will operate in the IFEMA complex in Madrid, and now we can say that the authors of the project proposed by Domenicali see that the urban track can be laid on the territory adjacent to this complex.
Madrid understands that the Spanish Grand Prix will be held in Barcelona at least until 2026 and holding two races in one European country is not in line with Liberty Media’s policy (Italy is an exception), but in theory a variant is possible where the The national podium of the championship alternates between two different circuits. In any case, even in the most optimistic scenario, the project will not be delivered before 2026. In addition, the main question has not yet been resolved: who will bear the costs of implementation?
The project is also interesting in its own way because no Formula 1 races are currently being held in any of the European capitals, and if Madrid is serious about implementing it, it could attract additional attention. According to AS, Carlos Sainz may be involved in the development of the city ring road. It is also reported that Madrid representatives involved in the project of the future race have already been seen in the Formula 1 paddock at several Grands Prix of the past season, and have already held a number of business meetings with FOM.
However, as the same newspaper recalls, there are a number of projects whose implementation has stopped in the middle for various reasons – you can recall the race in Vietnam or attempts to revive the South African Grand Prix. Moreover, there is not even a race in Germany, the French Grand Prix has already been removed from the championship calendar and the future of the Spa race raises questions.
Source: F1 News
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