The mayor of Madrid has dismissed hypothesis that the town might wrestle to be able to host its first Components 1 race in 2026.
The mayor of Madrid has dismissed hypothesis that the town might wrestle to be able to host its first Components 1 race in 2026.
This week, Mayor Jose Luis Martínez-Almeida reiterated that whereas the official F1 calendar for 2026 has but to be confirmed, Madrid’s debut race “will probably be held in September.”
Considerations have arisen as a result of delays within the tender course of, which have stalled the beginning of building work on the deliberate Ifema venue fairgrounds till at the least late April.
Spanish newspapers have speculated that points surrounding joint funding between the town of Madrid and personal buyers could also be contributing to the delay.
Nevertheless, Almeida sought to reassure each locals and F1 followers.
“The race will happen, and it is going to be successful,” he advised Europa Press.
That mentioned, he acknowledged that point is of the essence.
“Components 1 is simply across the nook, and we have to have the circuit and all of the services prepared,” the mayor mentioned. “Everybody concerned on this venture is working very laborious to make it occur.”
Almeida insists that Madrid’s F1 venture stays “on monitor” and pointed to comparable tasks, akin to Miami and Las Vegas, which additionally confronted last-minute challenges however have been in the end accomplished on time.
The tender course of for building firms formally closed in January, with 5 bids reportedly submitted for the initially budgeted €137 million venture.
Nevertheless, no official determination has been introduced on the successful bid, neither is there a confirmed date for when work will start.
Regardless of the uncertainties, Almeida stays optimistic.
“I need to go on tranquillity to the folks of Madrid as a result of Components 1 goes to be successful,” he said.
“Ifema and the group of Madrid are working very laborious to make it a actuality.”