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Spokesman plays down fears about Madrid GP
Sep.26 A government spokesman in Madrid has played down new fears about the health of the new Formula 1 project. The Spanish capital, via its events subsidiary Ifema, has agreed a long-term deal with F1 to host a brand new street race from 2026 – even taking over the Spanish GP title from the now-endangered existing host in Barcelona. But the city council's economy and finance head, Engracia Hidalgo, admitted this week that race organisers have yet to find any private investors for the F1 event. However, official Madrid government spokesman Miguel Angel Garcia insists that Ifema is still 'complying with its work program' in preparation for the race's 2026 debut. He insisted that...
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