00:01Formula 1 has officially secured its future in Catalonia,
00:05confirming that the circuit de Barcelona will remain on the calendar until at least 2032.
00:12The deal marks a strategic shift for the sport in Europe as the venue enters a rotational agreement
00:16with Belgium's legendary Spa-Francorchamps under new millennial arrangement.
00:22Barcelona will host races every two years from 2026 to 2032,
00:26while Spa will occupy the slots in between.
00:30A significant change accompanies the extension,
00:32with Madrid taking over the title of Spanish Grand Prix from 2026,
00:37and the Monatour event will be rebranded as the Barcelona Catuña Grand Prix.
00:43This evolution follows a €50 million investment in the facility,
00:47which recently debuted the circuit rooftop,
00:51a premium hospitality space overlooking the critical sector of turns 9, 10 and 11,
00:56and installed solar panels arrays to align with F1's sustainability goals.
01:02The circuit holds a stored place in F1 history,
01:05the site of Max Verstappen's historic maiden victory in 2016.
01:09By securing this extension, F1 President Stefano Dominicale
01:13ensures that one of the sport's most technically demanding benchmarks remains a fixture,
01:19blending traditional European racing heritage with the modern fan experience of an incredible city.
01:25and make sure that it's impressive at 143d.
01:27market priceans
01:27quality and
01:27quality
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