Formula 1 arrives in Madrid: the definitive track

José Vicente de los Mozos has confirmed it, but it is not yet known if it will coincide with Barcelona

The president of the Executive Committee of Ifema Madrid, José Vicente de los Mozos, said this Thursday that the trade fair institution is waiting for the contract to come true the World Cup Grand Prix Formula 1 in Madridwhich will be held in an urban circuit around the Fairgrounds.

I know when we are going to sign it and when we are going to do it“said De los Mozos, about Formula 1 in Madrid. The fair institution has a “confidentiality agreement” with the FOM (Formula One Management) that prevents it from revealing the details about when the contract will be in its hands.

Formula 1 in Madrid
The Madrid GP of Formula 1 is a fact

The president of Ifema was clear when talking about Formula 1 in Madrid

This sporting event would generate about 500 million euros a year for Madrid, with an urban circuit around the Fairgrounds and with more than 12 pavilions available to the teams with the aim of converting it “not in a career, but in an experience” and that this is “the best in Europe“.

During an informative breakfast in New Economy Forum, De los Mozos has also advanced that Ifema Madrid It does not want to stay only in Formula 1, but the objective is to make Madrid the world reference in wheeled sporting events. However, the surprises do not stop there.

Stefano Domenicali would be in charge of carrying out this plan

Ifema Madrid has the exclusive in Spain, together with Barcelona, ​​for the organization. In addition, he has indicated that he would not care if two events of this type could coexist in the capital and Barcelona. “If in the end there are two, I’m delighted, but I speak and work for Madrid,” she said.

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Likewise, he has defended the procedure that has been carried out in all efforts to negotiate the arrival of Formula 1 in Madrid. “The Spanish Automobile Federation has been informed from the outsetwe have signed exclusivity and now we are advancing in the contract”, he specified.

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