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MADRID — The new Formula 1 track in Madrid will be called the Madring. The new venue is due to bring F1 to the Spanish capital from next year with a circuit laid out around an area of exhibition halls near Madrid's main airport, using a mix of existing roads and purpose-built sections of track. Organizers have signed a decade-long contract with F1 through 2035. The choice of Madring echoes the likes of Austria's Red Bull Ring and Hungary's Hungaroring, both regular fixtures on the F1 calendar.
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FILE - CEO of Formula One Group Stefano Domenicali speaks during a press conference at the IFEMA congress centre in Madrid, Spain, Jan. 23, 2024. - AP Photo/Manu Fernandez, File