From Perfil · · 1m 20s
Jorge Macri Presents F1 Return Project to Buenos Aires
Jorge Macri and F1 CEO Stefano Domenicali finalize plan to bring Formula 1 to Buenos Aires by 2029-2030.
In brief
Jorge Macri and F1 CEO Stefano Domenicali finalize plan to bring Formula 1 to Buenos Aires by 2029-2030. Buenos Aires will host a Formula 1 Grand Prix by 2029-2030 after a $200 million renovation of the Autódromo Oscar y Juan Gálvez. Originally reported by Perfil.
Macri meets Domenicali
Jorge Macri, head of Buenos Aires government, met with F1 CEO Stefano Domenicali to present a plan for Formula 1 to return to the city.
“Vinimos a reconfirmar el compromiso y la voluntad que tiene la Ciudad de Buenos Aires de recuperar a la Fórmula 1.”
Project details
The plan includes $200 million for a full renovation of the Autódromo Oscar y Juan Gálvez with new track, boxes building, and modern paddock.
Capacity and timeline
The circuit will hold over 125,000 spectators and the return is targeted for 2029-2030 with contingency for 2027.
Financial strategy
Authorities aim to create a sustainable budget structure to compete with other cities' financial power while maintaining long-term solvency.
MotoGP event
The MotoGP Grand Prix will return to Buenos Aires from April 9-11 after 28 years, testing the city's readiness for F1.
Infrastructure progress
The Autódromo Oscar y Juan Gálvez has completed 1,700 meters of Debris fence and started homologation with 350 meters certified.
Next steps
Authorities will complete the track work by March to secure a confirmed date for the F1 Grand Prix in Buenos Aires.
At a glance
Buenos Aires will host a Formula 1 Grand Prix by 2029-2030 after a $200 million renovation of the Autódromo Oscar y Juan Gálvez.
