The city of Madrid has officially expressed interest in hosting a Formula 1 race, the city’s regional government announced on Thursday.
Although Spain is already hosting a race in Barcelona, which has a contract until 2026, and there are no F1 tracks in Madrid, the Spanish capital’s local government believes it can start talks with promoter Liberty Media about hosting a Grand Prix .
“I would like to reiterate our commitment to you and this project and our willingness to sign the appropriate agreements to promote the race and provide a great sporting and entertainment spectacle,” local government cabinet minister Enrique Lopez wrote in a letter to F1 CEO Stefano Domenicali.
Further details about the offer were not disclosed. and Formula 1 organizers declined to comment.
Madrid hosted F1 Grands Prix between 1968 and 1981 at the Jarama Circuit, which is outdated and would need a major upgrade to host a race again.
Last year the local government of Morata de Tajuna, 36km south of Madrid, confirmed that they aim to build an FIA Class 1 track with the aim of hosting F1 and MotoGP races in the future.
A record 23 Formula One races are scheduled for this year and while organizers are keen to expand the sport’s geographic reach, they have primarily looked to venues in Africa and the United States.
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