Formula 1 will have two Grand Prix events in Spain next year after the announcement of the calendar of 2026.
The last time the country did this between 2008 and 2012.
The first was inside Barcelona who remains a host for next yearwhile the second host – Instead of Madrid – wax Valencia Because the European Grand Prix was the Valencia Street Circuit.
Located near the port of Valencia, the F1 TrackRecord on the 3.4-MIJL circuit was set by Timo Glock in 2009 with a time of 1: 38,683 Fernando Alonso was the last racing winner on the circuit.
However, the song was far from popular with drivers because of his everyday layout and ultimately a lack of interest and financing saw F1 go away.
The deal to bring it to F1 was reportedly part of an election promise between former F1 Supremo Bernie Ecclestone and Valmor Sport Group, led by former motorcycle racer Jorge “Aspar” Martínez and Villarreal CF’s President Fernando Roig.
But when Valmor went bankrupt by taking care of all the costs involved in running the races, the traces of seven years were reduced by seven years to five and they grab a financial hole worth £ 255 million in debts.
It is said that an estimated £ 87 million was paid to Ecclestone, while there were also considerable costs for the construction of the circuit, television Broadcast and various invoices with regard to the organization.
All in all, the Generalitat Valenciana had to choose a bill of more than £ 85 million to cover the losses.
And the circuit itself was left in a state of decay after it was closed in 2013.
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Part of it was reduced to the public.
But the majority of the track looks like something from an urban jungle.
Weeds have overtaken the slipways on the site, Rust has shot root on old safety barriers and access tunnels have been flooded.
Buildings on the site watch every hour of their age, with a reused 19th-century warehouse with signs of a large painting required.
The track itself did not do much better, with an enormous amount of waste that lay over it while weeds and plants grow under the curbs of the circuit.
Pit markings and tire burns can also be seen about what has not been cleaned up, while there is even some evidence of purebred sponsors of never -deleted hamsters to painted paving that has been blurred over time.
Thieves also had their way with what was left on the site.
Everything that is valuable from the days of F1 has been poured out.
There was hope on the site in 2022 when an investment group was in conversation with the city council to reclaim the space, making these homes and flats for residents.
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