The future Formula 1 circuit in Madrid, which will host the Spanish Grand Prix starting in 2026, will require an estimated investment of $89.7 million (€83.2 million). The construction will be carried out by Acciona Construcción and Eiffage Infraestructuras, two companies that received the highest score in the project bidding process.

Acciona and Eiffage Selected for Construction

According to official documents published by Ifema, the Spanish and French construction firms achieved a total score of 312 points, surpassing other competing companies such as Dragados, which obtained 262.7 points, and a consortium formed by ACSA, Asfaltos y Construcciones Elsan, and Sorigué, with 261.7 points.

The financial proposal submitted by Acciona and Eiffage amounted to €83,206,500.01, just seven euros more than that of the competing consortium and almost €2 million less than Dragados’ bid, which reached €85.4 million ($92 million).

Following this initial selection, the winning companies must submit the required administrative documentation within two weeks. Once this process is completed, the contract will be officially awarded by the Contracting Authority.

Details of the 'Madring' Circuit

The new track, named 'Madring', will feature a mix of urban sections and permanent stretches and is pending FIA (Fédération Internationale de l'Automobile) approval. The circuit will have a length of 5,470 meters, with 20 turns, and an estimated lap time of 1 minute and 32 seconds in qualifying.

This new circuit marks the return of Formula 1 to Madrid, a city that previously hosted the Spanish Grand Prix at the Jarama circuit. Between 1968 and 1981, the Spanish capital held nine editions of the premier motorsport category. The first race was won by British driver Graham Hill, while the last, in 1981, was claimed by Canadian Gilles Villeneuve.

With this new infrastructure, Madrid is set to welcome Formula 1 from 2026 to 2035, ushering in a new era for motorsport in Spain.