Barcelona Officials Optimistic that €50 Million Renovation Will Enhance Prospects for New F1 Agreement

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Barcelona chiefs confident €50m revamp will help secure fresh F1 deal

Barcelona’s current agreement is set to conclude after 2026, resulting in Spain hosting two Formula 1 races in a season, reminiscent of the brief Valencia Grand Prix period from 2008 to 2012.

F1 CEO Stefano Domenicali emphasized that the shift to Madrid doesn’t necessarily signify the termination of Barcelona’s involvement. However, given the high demand for calendar slots, it appears improbable that Barcelona’s race will continue alongside Madrid’s beyond the current contractual terms.

Despite this, organizers in Barcelona remain optimistic about the event’s future. They are banking on the completion of a 50 million euro renovation project to bolster their chances of securing a new deal.

Barcelona chiefs confident €50m revamp will help secure fresh F1 deal

Criticism has been directed at the Circuit de Barcelona-Catalunya in recent years due to its outdated facilities and subpar fan experience. The 2022 edition faced logistical challenges, prompting apologies from promoters and demands from F1 to address access problems.

In an informal press meeting reported by Motorsport.com, circuit, and Catalan government officials expressed optimism that the ongoing renovation at Montmelo would address crowd control issues and strengthen Barcelona’s bid for a Grand Prix slot.

The renovation project, initiated over two years ago and expected to conclude before the June 2024 Spanish Grand Prix, encompasses remodeling the pit complex and constructing a covered pit building terrace for the Paddock Club.

It also includes a new control tower and a walkway connecting the paddock with the stadium area, featuring a large hospitality area.

While the Spanish Grand Prix is relocating to Madrid, Barcelona officials haven’t confirmed the new name for their 2026 F1 race. However, potential options include Barcelona GP, Catalan GP, and European GP.

Looking ahead to 2027 and beyond, Barcelona will face tough competition for a slot on F1’s crowded 24-race calendar. Recent reports suggest that Petronas, a sponsor of Mercedes, is interested in reviving the Malaysian Grand Prix in Kuala Lumpur.

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By Park-Shin Jung

I am Park-Shin Jung. I am a professional content writer for cars.

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