Saturday, July 2, 2022

Formula 1: EL CLASSICO in Formula 1? Following Barcelona, Madrid is now EAGER to organise F1 races – Check Details

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Formula 1: El CLASSICO in Formula 1 as Madrid joins the race to host a Grand Prix: Spain already hosts a race in the form of the Spanish Grand Prix at the Circuit de Barcelona-Catalunya but now Madrid have joined the race to host one more Grand Prix in the country. Follow Formula 1 Updates on InsideSport.IN.

Enrique Lopez, a cabinet minister for the Community of Madrid, sent a letter to Domenicali prior to this week communicating the Spanish capital’s commitment to a grand prix project.

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Formula 1: EL CLASSICO in Formula 1? Following Barcelona, Madrid is now EAGER to organise F1 races – Check Details

“It is my pleasure to write to you on behalf of the government of the Community of Madrid to express our interest in the development of a Formula 1 grand prix in Madrid. I believe that holding in Madrid a motor racing event, which is one of the most exciting sporting phenomena of our time, would be a success for all the professionals, institutions and companies involved in the development of Formula 1.”

“Of course, it would also be a satisfaction for the whole region and its citizens. That is why the Government of the Community of Madrid has the greatest interest in making it possible. In short, I would like to confirm our commitment to you and to this project, as well as our willingness to sign the appropriate agreements to promote the race and offer a great sporting and entertainment spectacle. We are ready to work with you and your team to bring Formula 1 to Madrid,” Lopez concluded.

The declaration of interest by Madrid comes after F1 cautioned the advertisers of the Spanish Grand Prix to fix its ‘unsatisfactory’ traffic and organizational issues after various issues arose at the Barcelona race back in May.

Formula 1: EL CLASSICO in Formula 1? Following Barcelona, Madrid is now EAGER to organise F1 races – Check Details

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In excess of 300,000 fans came to the Circuit de Barcelona-Catalunya over the race end of the week, yet the track was badly ready to manage such gigantic volumes of individuals.

Formula 1: EL CLASSICO in Formula 1? Following Barcelona, Madrid is now EAGER to organise F1 races - Check Details
Formula 1: Max Verstappen won this year’s Spanish Grand Prix. He was followed by Sergio Perez and George Russell in the second and third spots.

If the move goes ahead then we will see an EL-CLASSICO in Formula 1 as well as Barcelona already hosting a race. It will be interesting to see how Madrid organizes the race in terms of Barcelona.

F1 is right now partaking in a blast in revenue from conceivable new business sectors and urban communities. The following year’s schedule is set to add occasions in South Africa, Qatar, and Las Vegas, arriving at the restriction of 24 races allowed under the Concorde Agreement.

Formula 1: EL CLASSICO in Formula 1? Following Barcelona, Madrid is now EAGER to organise F1 races – Check Details

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