F1 Rumor: Madrid GP Sets Unfortunate Standard as Ticket Prices Touch $1294

It is a grand time to be a Formula 1 fan right now, as the tension between teams is building up. While fans get ready to flock to the circuits to see some Grand Prix action, the teams are displaying their latest cars for 2024. The excitement is at an all-time high, with many controversies brewing as we lock our seatbelts for the first GP of the season. As fans started looking online to get tickets to be a part of the experience, something peculiar was noticed with the tickets for the Madrid GP.

With the hype around Formula 1 at an all-time high, it looks like the tickets are heading in the same direction.

Changes in the prices of the Madrid GP start an uproar

A fresh post on X highlights the changes in the price to attend the Madrid GP. The post breaks down what prices fans can foresee while attending the Madrid GP post-2026. The Spanish Grand Prix will move its track from Circuit de Barcelona Catalunya to Madrid. This modification has resulted in a shift in fans’ expectations regarding the cost of attending the Spanish GP.

According to the post, the price of the tickets will depend on the category purchased. Fans can expect prices ranging from $296 to $1,294. It is a vast change as the average prices of the tickets come in at $506.8, compared to the $388 average we saw in 2023. With the prices soaring, it shows F1 is getting more expensive as multiple fans want a bit of racing in their hearts!

The report on X also stated the new circuit could host around 112,00 spectators. They will be split into 92,000 people watching from the stands, while they will reserve the VIP area for 15,000 people, and the exclusive paddock club will have 5000 spots. There is also a prediction that the circuit will host over 140,500 people by 2030.

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Although it may seem like the events are getting more expensive, the only reports are from Spain. With tickets still selling like hotcakes, 2024 looks promising for multiple teams. That being said, the calendar is out, and the 24 races look ready for the wheels to turn.

The chances of having two Spanish GP

On January 23, it was announced that the Spanish Grand Prix would be shifting from Circuit de Barcelona Catalunya to Madrid. Starting from 2026 and lasting until 2035, Madrid will be the new host for the Spanish Formula 1 GP.

Currently, Barcelona’s Circuit de Catalunya hosts the GP, and despite no official statement, Josep Mateu, the president of the RACC, told SoyMotor that the contract extension will be for at least five more years. Stefano Domenicali, the President and CEO of Formula 1, pointed out that just because Madrid has the Spanish GP crown does not mean there will be no more Grand Prix at Circuit de Barcelona-Catalunya. With this comes a chance to have two Spanish GP races, something the Spaniards would treasure.

That being said, are you excited to see Spain host their first Spanish GP in Madrid instead of Barcelona? Let us know your thoughts in the comments below.

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