Three Spanish contractors are on the starting grid for a contract to build an F1 circuit in Madrid, according to business new site Economia Digital.
Contractors Dragados, Obrascón Huarte Lain (OHL) and a team made up of Acciona and French engineer Eiffage are the finalists for the construction deal.
According to the Ifema consultancy that is organising the Spanish Grand Prix, OHL and Acciona entered bids of €83.2m, and ACS subsidiary Dragados priced the work at €85.4m. These figures were well below the estimated price of €137m for the project.
Acciona took the lead in the technical phase, with a score of 312 points out of a possible total of 400. Dragados came second with 263 and OHLA was assessed at 261.
A winning bid will be announced imminently.
The 5.5km circuit will have 20 corners, and its construction will involve installing earthworks, civil engineering, paving and asphalting. Two buildings will accommodate the pits for the participating teams.
F1 announced in January that the Spanish Grand Prix would be held in the northeast Madrid suburb of Valdebebas, between 2026 to 2035, with the first race to be held on 26 September 2026.
Ifema and whoever gets the contract will have to race against time to meet that deadline.
Madrid’s city council has said the project could receive planning permission by the end of April, allowing work to begin in the second half of the year.
According to Economia Digital, however, the three bidders have warned Ifema that there is a risk of not being ready in time for the opening “if Madrid wants to have a circuit that meets the highest quality standards”.
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