Formula 1 confirms the success of the Madrid economic model
An open economy and legal certainty are the best way to attract large projects and investments.
The return of Formula 1 to Madrid is great news, confirming the economic and cultural rise of the Spanish capital and its autonomous community, which has become a pole of investment attraction. New track to host the Grand Prix Spain, from 2026 and over at least 10 years, will receive private investment of 100 million euros for the construction of the route and ancillary building. Moreover, the company that runs MotoGP has also shown interest in Madrid. whose potential
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The return of Formula 1 to Madrid is great news, confirming the economic and cultural rise of the Spanish capital and its autonomous community, which has become a pole of investment attraction. New track to host the Grand Prix Spain, from 2026 and over at least 10 years, will receive private investment of 100 million euros for the construction of the route and ancillary building. Moreover, the company that runs MotoGP has also shown interest in Madrid. whose attractor potential continues to grow.
The authorities predict that the scheme will raise €450 million annually and create 10,000 direct jobs in the region, along with the hospitality, catering and other sectors that typically spring up around these events. With more than 70 years of history, Formula 1 is a sport watched by hundreds of millions of viewers around the world.
With this important achievement, Madrid demonstrates the success of its economic model based on open politics, stability and legal security. Convey creative leadership private initiative with the support of public administration This is the best way to revive the economy and therefore the best formula for progress.