Who Owns Formula 1 Circuits?
Formula 1 is the pinnacle of motorsport, with races held at iconic circuits around the world. But have you ever wondered who owns these legendary tracks?
From state-owned facilities to private enterprises, the ownership of F1 tracks varies significantly. Some circuits are owned by government entities, such as the Yas Marina Circuit in Abu Dhabi, which is owned by the Abu Dhabi government through the Abu Dhabi Motorsports Management (ADMM). ADMM is responsible for organizing and promoting various motorsport events at the circuit, including the Formula 1 Abu Dhabi Grand Prix.
Other tracks are owned by private companies or investment groups. For example, the Circuit of the Americas in Austin, Texas, is owned by Circuit of the Americas, LLC, a private company founded by racing enthusiast and businessman Bobby Epstein. The company not only owns the track but also manages the facility and organizes various events throughout the year, including the United States Grand Prix.
In some cases, Formula 1 circuits are owned by motorsport federations or non-profit organizations. The Autodromo Nazionale di Monza in Italy, for instance, is owned by the Automobile Club of Milan (ACM), a non-profit organization dedicated to promoting motorsport in the region. The ACM has been the custodian of the Monza Circuit since its construction in 1922 and has played a crucial role in maintaining and upgrading the facility over the years.
Throughout this article, we will delve into the ownership details of each Formula 1 circuit, providing a comprehensive understanding of the entities behind these iconic venues…
Formula 1 Circuit Owners
Yas Marina Circuit
The Yas Marina Circuit, located on Yas Island in Abu Dhabi, United Arab Emirates, is a state-of-the-art Formula 1 venue that has been hosting the Abu Dhabi Grand Prix since 2009. The circuit is owned by the Abu Dhabi government through the Abu Dhabi Motorsports Management (ADMM), a subsidiary of Miral Asset Management.
ADMM was established in 2008 with the primary goal of developing and promoting motorsport activities in Abu Dhabi. The company is responsible for the operation and management of the Yas Marina Circuit, as well as the organization of various motorsport events throughout the year, including the Formula 1 Etihad Airways Abu Dhabi Grand Prix.
In addition to Formula 1, the Yas Marina Circuit hosts a range of other motorsport events, such as the GT Championship, the Formula 2 Championship, and the UAE Rotax Max Challenge. The circuit also serves as a venue for music concerts, corporate events, and track days for motorsport enthusiasts.
The Yas Marina Circuit was designed by renowned circuit architect Hermann Tilke and features a unique layout that includes a hotel spanning the track, a marina, and a yacht club. The circuit is 5.554 kilometers long and consists of 21 turns, with a combination of high-speed straights and technical corners, making it a challenging and exciting track for drivers and spectators alike.
Under the ownership of ADMM, the Yas Marina Circuit has undergone continuous improvements and upgrades to maintain its status as one of the most modern and spectacular Formula 1 venues in the world. The company’s commitment to providing top-notch facilities and unforgettable experiences for fans and competitors has solidified the circuit’s position as a premier motorsport destination.
Source: Yas Marina Circuit Official Website
Bahrain International Circuit
The Bahrain International Circuit, located in Sakhir, Bahrain, is a world-class motorsport venue that has been hosting the Bahrain Grand Prix since 2004. The circuit is owned by the Bahrain International Circuit Company, a subsidiary of the Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain.
Mumtalakat Holding Company was established in 2006 to manage and grow the sovereign wealth fund’s portfolio of assets, which includes the Bahrain International Circuit. The company’s mission is to create value for the Kingdom of Bahrain through strategic investments and efficient management of its holdings.
The Bahrain International Circuit was designed by German architect Hermann Tilke and features a unique layout that combines long straights, tight corners, and elevation changes, providing a challenging and exciting experience for drivers and spectators. The circuit is 5.412 kilometers long and consists of 15 turns, with the iconic Tower Turn being one of its most recognizable features.
In addition to hosting the Formula 1 Gulf Air Bahrain Grand Prix, the Bahrain International Circuit also hosts various other motorsport events throughout the year, such as the FIA World Endurance Championship, the Formula 2 Championship, and the Porsche Sprint Challenge Middle East. The circuit is also home to the Bahrain Drag Racing Championship and the Bahrain Karting Championship.
Under the ownership of the Mumtalakat Holding Company, the Bahrain International Circuit has undergone several upgrades and improvements to maintain its position as one of the most modern and advanced motorsport facilities in the world. The company’s commitment to excellence and innovation has helped establish the circuit as a favorite among drivers, teams, and fans alike.
The Bahrain International Circuit has also played a significant role in promoting motorsport in the Middle East and has contributed to the growth and development of the sport in the region. The circuit’s success has been a source of pride for the Kingdom of Bahrain and has showcased the country’s ability to host world-class events.
Source: Bahrain International Circuit Official Website
Losail International Circuit
The Losail International Circuit, situated just outside the city of Doha in Qatar, is a state-of-the-art motorsport facility that has been hosting major international events since 2004. The circuit is owned by the Qatar Motor and Motorcycle Federation (QMMF), a non-profit organization dedicated to promoting motorsport in the country.
The QMMF was established in 2000 under the presidency of His Excellency Nasser Bin Khalifa Al Attiyah, with the goal of developing and supporting motorsport activities in Qatar. The federation is responsible for organizing and managing various motorsport events at the Losail International Circuit, including the Qatar Motorcycle Grand Prix and, more recently, the Formula 1 Qatar Grand Prix.
Designed by German engineer Hermann Tilke, the Losail International Circuit features a unique layout that combines long straights, fast corners, and a technical infield section. The circuit is 5.380 kilometers long and consists of 16 turns, with the main straight allowing drivers to reach high speeds before braking heavily into Turn 1.
The circuit is known for its state-of-the-art facilities, which include a large main grandstand, VIP tower, and a distinctive canopy-style roof that covers the paddock area. The venue also boasts a sophisticated lighting system, making it the largest permanently lit circuit in the world and enabling night races to take place.
Under the ownership and management of the QMMF, the Losail International Circuit has become a prominent fixture on the international motorsport calendar. The federation’s commitment to providing world-class facilities and organizing successful events has helped put Qatar on the map as a motorsport destination.
In addition to the Qatar Motorcycle Grand Prix, which has been a regular feature on the MotoGP calendar since 2004, the Losail International Circuit made its debut as a Formula 1 venue in 2021, hosting the inaugural Qatar Grand Prix as part of a long-term agreement between Formula 1 and the QMMF.
The QMMF’s ownership of the Losail International Circuit has not only contributed to the growth and development of motorsport in Qatar but has also showcased the country’s ability to host major international sporting events. The federation’s efforts have helped to inspire a new generation of Qatari motorsport enthusiasts and have positioned the country as a key player in the global motorsport community.
Source: Qatar Motor and Motorcycle Federation Official Website
Imola Circuit
The Imola Circuit, officially known as the Autodromo Internazionale Enzo e Dino Ferrari, is a historic motorsport venue located in the town of Imola, Italy. The circuit is owned by the Automobile Club of Bologna (ACB), a non-profit organization that promotes motorsport activities in the Emilia-Romagna region.
The ACB was founded in 1904 and has been instrumental in the development and management of the Imola Circuit since its construction in 1953. The organization is responsible for organizing and hosting various motorsport events at the circuit, including the Formula 1 Emilia Romagna Grand Prix, which returned to the calendar in 2020 after a 14-year absence.
The Imola Circuit has a rich history in Formula 1, having hosted the Italian Grand Prix from 1980 to 2006 under the name “San Marino Grand Prix.” The circuit is known for its challenging layout, which features a combination of fast and technical sections, as well as its iconic corners, such as the Tamburello and the Villeneuve curves.
Over the years, the ACB has invested in the maintenance and upgrading of the Imola Circuit’s facilities to ensure that it meets the highest safety and performance standards. These efforts have helped to secure the circuit’s place on the Formula 1 calendar and have contributed to its enduring popularity among drivers, teams, and fans.
In addition to Formula 1, the Imola Circuit hosts a range of other motorsport events, including the European Le Mans Series, the DTM (Deutsche Tourenwagen Masters), and the Italian Superbike Championship. The circuit is also used for testing and corporate events throughout the year.
The ACB’s ownership and management of the Imola Circuit have been crucial to its success and longevity. The organization’s commitment to promoting motorsport and maintaining the circuit’s legacy has helped to ensure that it remains a beloved and iconic venue in the world of Formula 1 and beyond.
The return of the Emilia Romagna Grand Prix to the Formula 1 calendar in 2020 was a testament to the enduring appeal of the Imola Circuit and the hard work of the ACB in maintaining its position as a world-class motorsport facility. The circuit’s history, combined with its challenging layout and passionate local fanbase, make it a unique and cherished part of the Formula 1 landscape.
*Sources:
Automobile Club Bologna Official Website – https://www.acisport.it/calendario/2021/aci-racing-weekend-imola/2741*
Autodromo Internazionale Enzo e Dino Ferrari Official Website – https://www.autodromoimola.it/en/
Interlagos Circuit
The Interlagos Circuit, officially known as the Autódromo José Carlos Pace, is a historic motorsport venue located in the city of São Paulo, Brazil. The circuit is owned by the City of São Paulo and is managed by the São Paulo Turismo (SPTuris), a public company responsible for promoting tourism and events in the city.
The Interlagos Circuit was built in 1940 and has been hosting the Brazilian Grand Prix since 1972. The circuit is named after José Carlos Pace, a Brazilian Formula 1 driver who tragically died in a plane crash in 1977. The circuit’s ownership was transferred to the City of São Paulo in 1985, and since then, the city has been responsible for its maintenance and management.
SPTuris, established in 1992, is the company tasked with overseeing the Interlagos Circuit on behalf of the City of São Paulo. The organization is responsible for promoting and organizing various events at the circuit, including the Formula 1 Brazilian Grand Prix, which has been a regular fixture on the calendar since 1973.
The Interlagos Circuit is known for its challenging layout, which features a combination of fast corners, elevation changes, and a long start-finish straight. The circuit is 4.309 kilometers long and consists of 15 turns, with the iconic Senna S curve being one of its most recognizable features.
Under the management of SPTuris and the ownership of the City of São Paulo, the Interlagos Circuit has undergone several upgrades and renovations to maintain its position as one of the most beloved and iconic Formula 1 venues. These improvements have included resurfacing the track, upgrading the pit buildings and grandstands, and enhancing the circuit’s safety features.
In addition to Formula 1, the Interlagos Circuit hosts a range of other motorsport events, such as the Stock Car Brasil championship, the Brazilian Porsche Cup, and the Brazilian Motorcycle Grand Prix. The circuit is also used for testing and corporate events throughout the year.
The City of São Paulo’s ownership and SPTuris’ management of the Interlagos Circuit have been essential in preserving its rich history and ensuring its continued success. The circuit’s unique atmosphere, passionate local fanbase, and challenging layout have made it a favorite among drivers and fans alike, cementing its status as an iconic Formula 1 venue.
The Interlagos Circuit’s future on the Formula 1 calendar was recently secured through a new contract that will see the Brazilian Grand Prix continue to be held at the venue until 2025. This agreement is a testament to the circuit’s enduring appeal and the commitment of the City of São Paulo and SPTuris to maintaining its position as one of the most important motorsport facilities in the world.
*Source:
São Paulo Turismo Official Website – https://www.spturis.com/v7/quem-somos.php
Circuit De Barcelona-Catalunya
The Circuit de Barcelona-Catalunya, located in the town of Montmeló, just outside of Barcelona, Spain, is a world-class motorsport facility that has been hosting the Spanish Grand Prix since 1991. The circuit is owned and managed by a consortium of public and private entities, including the Catalan government, the Real Automòbil Club de Catalunya (RACC), and the City Council of Montmeló.
The circuit was built in 1991 as a permanent facility to host the Spanish Grand Prix, which had previously been held at various venues across the country. The Catalan government and the RACC were instrumental in the development of the circuit, with the goal of establishing a world-class motorsport venue in the region.
The Circuit de Barcelona-Catalunya is known for its challenging layout, which features a combination of fast and technical sections, as well as its distinctive corners, such as the Elf curve and the La Caixa corner. The circuit is 4.655 kilometers long and consists of 16 turns, making it a favorite among drivers and teams for testing and racing.
Under the management of the consortium, the Circuit de Barcelona-Catalunya has undergone continuous improvements and upgrades to maintain its position as one of the most advanced and well-equipped motorsport facilities in the world. These enhancements have included resurfacing the track, upgrading the pit buildings and grandstands, and implementing state-of-the-art safety features.
In addition to hosting the Formula 1 Spanish Grand Prix, the Circuit de Barcelona-Catalunya is also a popular venue for pre-season testing, thanks to its favorable weather conditions and its diverse layout, which allows teams to assess the performance of their cars in various scenarios. The circuit also hosts a range of other motorsport events, such as the MotoGP Catalan Grand Prix, the FIA World Rallycross Championship, and the 24H de Barcelona endurance race.
The consortium’s ownership and management of the Circuit de Barcelona-Catalunya have been crucial to its success and its continued presence on the Formula 1 calendar. The collaboration between the Catalan government, the RACC, and the City Council of Montmeló has ensured that the circuit remains a top-class facility, attracting teams, drivers, and fans from around the world.
The circuit’s location, just a short distance from the vibrant city of Barcelona, has also contributed to its popularity, making it an attractive destination for motorsport enthusiasts and tourists alike. The Circuit de Barcelona-Catalunya’s combination of challenging layout, state-of-the-art facilities, and stunning surroundings have made it an iconic venue in the world of Formula 1 and motorsport as a whole.
*Sources:
Real Automòbil Club de Catalunya (RACC) Official Website – https://www.racc.es/el-racc/historia/*
Circuit de Barcelona-Catalunya Official Website – https://www.circuitcat.com/en/circuit/
Autódromo Hermanos Rodríguez
The Autódromo Hermanos Rodríguez, located in the heart of Mexico City, Mexico, is a historic motorsport venue that has been hosting the Mexican Grand Prix since 1962. The circuit is owned by the Government of Mexico City and is managed by the Corporación Interamericana de Entretenimiento (CIE), a leading live entertainment company in Latin America.
The circuit was originally built in 1959 and was named after Ricardo and Pedro Rodríguez, two Mexican racing drivers who tragically lost their lives in motorsport accidents. The Mexican Grand Prix was first held at the circuit in 1962 and has been a regular fixture on the Formula 1 calendar, with some interruptions, since then.
In 2015, the Mexican Grand Prix made its return to the Formula 1 calendar after a 23-year absence, following a significant renovation and modernization of the Autódromo Hermanos Rodríguez. The renovation project was led by the Government of Mexico City, in collaboration with CIE, and included the construction of new grandstands, pit buildings, and a state-of-the-art medical center.
The Autódromo Hermanos Rodríguez is known for its unique layout, which combines fast straights, technical corners, and the iconic Foro Sol stadium section, where drivers race through a packed grandstand, creating an electric atmosphere. The circuit is 4.304 kilometers long and consists of 17 turns, making it a challenging and exciting venue for drivers and fans alike.
Under the management of CIE and the ownership of the Government of Mexico City, the Autódromo Hermanos Rodríguez has become a showcase for Mexico’s passion for motorsport and its ability to host world-class events. The circuit’s modern facilities, vibrant atmosphere, and enthusiastic local fanbase have made it a favorite among drivers and teams.
In addition to Formula 1, the Autódromo Hermanos Rodríguez hosts a range of other motorsport events, such as the FIA Formula E Championship, the NASCAR Peak Mexico Series, and the FIA World Endurance Championship. The circuit is also used for music concerts and other cultural events throughout the year.
The collaboration between the Government of Mexico City and CIE in the management and promotion of the Autódromo Hermanos Rodríguez has been instrumental in its success and its continued presence on the Formula 1 calendar. The circuit’s renovation and the return of the Mexican Grand Prix have not only boosted Mexico’s profile in the motorsport world but have also contributed to the country’s tourism industry and economic growth.
The Autódromo Hermanos Rodríguez’s combination of rich history, modern facilities, and passionate local support have made it an essential part of the Formula 1 landscape and a source of pride for Mexico and its motorsport fans.
*Sources:
- Autódromo Hermanos Rodríguez Official Website – https://www.autodromohermanosrodriguez.com/
- Corporación Interamericana de Entretenimiento (CIE) Official Website – https://www.cie.com.mx/en/cie/history/*
Baku City Circuit
The Baku City Circuit, located in the heart of Azerbaijan’s capital city, Baku, is a unique and challenging street circuit that has been hosting the Azerbaijan Grand Prix since 2016. The circuit is owned and managed by Baku City Circuit Operations Company (BCC), a subsidiary of Azgranata, which is a joint venture between the Azerbaijan Ministry of Youth and Sports and Pasha Construction, a private construction company.
The Baku City Circuit was designed by renowned circuit architect Hermann Tilke and features a combination of wide, high-speed sections along the city’s picturesque waterfront promenade and narrow, technical corners winding through the historic Old City. The circuit is 6.003 kilometers long, making it the second-longest track on the Formula 1 calendar, and consists of 20 turns, including the iconic Turn 15, which has been compared to Monaco’s famous Fairmont Hairpin.
The construction of the Baku City Circuit was a significant undertaking, involving the collaboration of multiple stakeholders, including the Azerbaijani government, local authorities, and private investors. The project aimed to showcase Baku’s modern infrastructure and rich cultural heritage while establishing the city as a major destination for international motorsport events.
Under the management of BCC, the Baku City Circuit has quickly gained a reputation as one of the most challenging and exciting venues on the Formula 1 calendar. The circuit’s unique layout, which combines high-speed straights with tight, unforgiving corners, has produced thrilling races and unexpected results, making it a favorite among drivers and fans alike.
In addition to hosting the Formula 1 Azerbaijan Grand Prix, the Baku City Circuit has also been the venue for other motorsport events, such as the FIA Formula 2 Championship and the GP2 Series. The circuit’s central location and state-of-the-art facilities have also made it an attractive venue for various cultural and entertainment events throughout the year.
The ownership structure of the Baku City Circuit, with the involvement of both the Azerbaijani government and private investors, has been crucial to its success and its ability to host world-class motorsport events. The collaboration between these stakeholders has ensured that the circuit meets the highest standards in terms of safety, organization, and facilities, while also promoting Azerbaijan’s image on the global stage.
The Baku City Circuit’s unique blend of modern architecture, historic surroundings, and challenging layout has quickly established it as an iconic venue in the world of Formula 1. The circuit’s success has not only put Baku on the motorsport map but has also contributed to the city’s economic development and tourism industry, showcasing Azerbaijan’s potential as a destination for international events and investment.
*Sources:
- Baku City Circuit Official Website – https://www.bakucitycircuit.com/about-us/
- Azerbaijan Ministry of Youth and Sports Official Website – https://www.mys.gov.az/en/page/16/baku-city-circuit*
Circuit Of The Americas
The Circuit of the Americas (COTA), located in Austin, Texas, is a world-class motorsport facility that has been hosting the United States Grand Prix since 2012. The circuit is owned and operated by Circuit of the Americas, LLC, a private company founded by racing enthusiast and businessman Bobby Epstein.
Epstein, along with a group of investors, envisioned bringing Formula 1 back to the United States after a five-year absence. They chose Austin as the location for the new circuit due to the city’s vibrant culture, thriving economy, and central location within the country. The construction of COTA began in 2010, and the circuit was officially opened in October 2012, just in time for the inaugural United States Grand Prix.
The Circuit of the Americas was designed by German architect and circuit designer Hermann Tilke, in collaboration with American firm HKS, Inc. The circuit is 5.513 kilometers long and features 20 turns, with a layout inspired by some of the most iconic corners from racetracks around the world, such as the Maggotts-Becketts-Chapel complex from Silverstone and the famous Turn 8 from Istanbul Park.
Under the ownership and management of Circuit of the Americas, LLC, COTA has become one of the most popular and successful venues on the Formula 1 calendar. The circuit’s state-of-the-art facilities, unique layout, and thrilling elevation changes have made it a favorite among drivers and teams, while its fan-friendly amenities and lively atmosphere have attracted a devoted following of motorsport enthusiasts from across the United States and beyond.
In addition to hosting the Formula 1 United States Grand Prix, COTA also serves as the venue for a wide range of other motorsport events, including the MotoGP Red Bull Grand Prix of the Americas, the FIA World Endurance Championship, and the IndyCar Classic. The circuit’s versatile layout and top-notch facilities have also made it a popular choice for music festivals, such as the Austin City Limits Music Festival and the Parklife Festival.
The success of the Circuit of the Americas can be attributed to the vision and dedication of its ownership group, led by Bobby Epstein. Their commitment to creating a world-class motorsport facility and attracting top-tier racing series has not only put Austin on the global motorsport map but has also contributed significantly to the city’s economy and tourism industry.
COTA’s ownership has also been instrumental in promoting motorsport in the United States, working closely with local schools and organizations to inspire the next generation of racing enthusiasts and professionals. The circuit’s success has demonstrated the potential for Formula 1 and other international racing series to thrive in the American market, paving the way for future growth and investment in the sport.
As the Circuit of the Americas continues to establish itself as a premier motorsport venue, its ownership remains committed to providing unforgettable experiences for fans, drivers, and teams alike, while also contributing to the development and promotion of motorsport in the United States.
*Sources:
Austin Business Journal – “How COTA landed F1, and why it’s here to stay” – https://www.bizjournals.com/austin/news/2019/11/01/how-cota-landed-f1-and-why-its-here-to-stay.html*
Circuit of the Americas Official Website – https://www.circuitoftheamericas.com/about/
Red Bull Ring
The Red Bull Ring, located in Spielberg, Styria, Austria, is a historic motorsport venue that has been hosting the Austrian Grand Prix on and off since 1970. The circuit is owned and operated by Red Bull GmbH, the Austrian energy drink company, through its subsidiary, Projekt Spielberg GmbH & Co KG.
The circuit was originally built in 1969 under the name Österreichring (Austrian Circuit) and quickly gained a reputation for its fast, flowing layout and picturesque setting in the Styrian mountains. However, safety concerns and financial issues led to the circuit being removed from the Formula 1 calendar in 1987.
In 2004, Red Bull founder and CEO Dietrich Mateschitz acquired the circuit and began an extensive renovation and modernization project. The track was redesigned by German architect Hermann Tilke, and the facilities were upgraded to meet the highest standards of modern motorsport. The renewed circuit, now named the Red Bull Ring, was reopened in 2011 and has since hosted a variety of motorsport events, including the Formula 1 Austrian Grand Prix, which returned to the calendar in 2014.
Under the ownership and management of Red Bull, the Red Bull Ring has become a showcase for the company’s commitment to motorsport and its dedication to creating world-class facilities. The circuit’s compact, high-speed layout, with its mix of fast straights, challenging corners, and significant elevation changes, has made it a favorite among drivers and teams, while its stunning natural surroundings and top-notch amenities have attracted a loyal following of motorsport fans from Austria and beyond.
In addition to Formula 1, the Red Bull Ring hosts a diverse range of motorsport events, including the MotoGP Austrian Grand Prix, the DTM (Deutsche Tourenwagen Masters), and the European Le Mans Series. The circuit is also used for other Red Bull-sponsored events, such as the Red Bull Air Race and the Erzbergrodeo, an extreme enduro motorcycle race.
Red Bull’s ownership of the circuit has been instrumental in its success and its ability to secure a long-term place on the Formula 1 calendar. The company’s significant investment in the facility, combined with its global marketing prowess and its strong ties to the world of motorsport, has helped to establish the Red Bull Ring as a premier racing destination and a symbol of Austria’s rich motorsport heritage.
Red Bull’s involvement in the circuit has also had a positive impact on the local economy, attracting thousands of visitors to the region each year and generating significant revenue for the tourism and hospitality sectors. The company’s commitment to sustainability and environmental responsibility has also been evident in its management of the circuit, with initiatives such as the installation of solar panels and the use of electric vehicles for on-site transportation.
As the Red Bull Ring continues to thrive under the ownership of Red Bull, it remains a shining example of the company’s dedication to motorsport and its ability to create unforgettable experiences for fans, drivers, and teams. The circuit’s success is a testament to the vision and passion of Dietrich Mateschitz and the entire Red Bull team, who have transformed a once-struggling venue into a world-class motorsport destination.
*Sources:
- Red Bull Ring Official Website – https://www.redbullring.com/en/circuit/history/
- Projekt Spielberg GmbH & Co KG – https://www.projekt-spielberg.com/en/about-us/*
Silverstone Circuit
Silverstone Circuit, located in the village of Silverstone, Northamptonshire, England, is one of the most iconic and historic motorsport venues in the world. The circuit is owned by the British Racing Drivers’ Club (BRDC), a prestigious organization founded in 1928 to promote the interests of British motorsport.
The Silverstone Circuit originated from a World War II Royal Air Force bomber station, RAF Silverstone. In 1948, the BRDC organized the first race on the abandoned airfield’s perimeter road, marking the birth of the circuit. Silverstone hosted the inaugural Formula 1 World Championship race in 1950 and has been a permanent fixture on the calendar ever since, hosting the British Grand Prix.
Over the years, the BRDC has overseen numerous upgrades and renovations to the Silverstone Circuit, transforming it from a rudimentary airfield circuit into a state-of-the-art motorsport facility. The track layout has undergone several changes, with the most recent being the introduction of the “Arena” layout in 2010, which added a new infield section and increased the track’s length to 5.891 kilometers.
The BRDC’s ownership and management of the Silverstone Circuit have been crucial to its long-term success and its status as the home of British motorsport. The club’s commitment to maintaining and improving the facility, combined with its strong ties to the British motorsport community, has helped to secure the circuit’s place on the Formula 1 calendar and attract a wide range of other top-tier racing series.
In addition to Formula 1, Silverstone hosts a diverse array of motorsport events, including the FIA World Endurance Championship, the British Superbike Championship, and the Silverstone Classic, one of the world’s largest classic motor racing festivals. The circuit is also a popular venue for motorsport-related activities, such as driving experiences, track days, and corporate events.
The BRDC’s ownership of the Silverstone Circuit has not been without its challenges, however. In recent years, the club has faced financial pressures and uncertainty over the future of the British Grand Prix. Despite these difficulties, the BRDC has remained committed to securing the long-term future of the circuit and ensuring that it continues to play a central role in British motorsport.
As Silverstone Circuit looks to the future under the continued ownership and stewardship of the BRDC, it remains a symbol of Britain’s rich motorsport heritage and a showcase for the country’s engineering and technological expertise. The circuit’s enduring popularity among fans, drivers, and teams is a testament to the BRDC’s dedication and passion for motorsport, ensuring that Silverstone will continue to thrive as one of the world’s most iconic racing venues.
*Sources:
British Racing Drivers’ Club (BRDC) Official Website – https://www.brdc.co.uk/About-Us*
Silverstone Circuit Official Website – https://www.silverstone.co.uk/about/history/
Monza Circuit
The Monza Circuit, officially known as the Autodromo Nazionale Monza, is a historic motorsport venue located in the city of Monza, just north of Milan, Italy. The circuit is owned by the Automobile Club d’Italia (ACI), the Italian national automobile club, which is responsible for the promotion and development of motorsport in Italy.
Monza is one of the oldest and most iconic racetracks in the world, having hosted its first race in 1922. The circuit has been the home of the Italian Grand Prix since the inaugural Formula 1 World Championship season in 1950, making it one of the most long-standing and beloved venues on the calendar.
The circuit’s ownership by the ACI has been instrumental in its development and success over the years. The club has invested significantly in the maintenance and upgrades of the facility, ensuring that it meets the highest standards of safety and performance. In recent years, the ACI has overseen the installation of new safety features, such as improved run-off areas and tire barriers, as well as the resurfacing of the track and the renovation of the pit buildings and grandstands.
Monza is renowned for its high-speed layout, which features long straights and fast corners, making it one of the most challenging and exhilarating circuits for drivers. The track’s most famous feature is the Parabolica, a long, sweeping curve that requires precise car control and bravery to navigate at high speeds.
In addition to Formula 1, the Monza Circuit hosts a variety of other motorsport events throughout the year, including the European Le Mans Series, the International GT Open, and the Italian GT Championship. The circuit is also a popular venue for historic racing events, such as the Monza Historic, which celebrates the rich heritage of motorsport at this legendary track.
The ACI’s stewardship of the Monza Circuit has been crucial to its continued presence on the Formula 1 calendar, even as the sport has expanded to new markets and venues around the world. The Italian Grand Prix at Monza is one of the most cherished and anticipated events of the season, attracting legions of passionate fans from Italy and beyond.
The circuit’s importance to Italian motorsport culture cannot be overstated, and the ACI’s commitment to preserving and enhancing this iconic venue has played a vital role in its enduring success. In 2024, the ACI signed a new six-year contract with Formula 1 to host the Italian Grand Prix at Monza until 2031, ensuring that this historic circuit will continue to be a centerpiece of the sport for years to come.
*Sources:
- Autodromo Nazionale Monza Official Website – https://www.monzanet.it/en/
- Automobile Club d’Italia (ACI) Official Website – http://www.aci.it/laci/la-federazione/utilita/servizi-per-i-soci.html*
Hungaroring
The Hungaroring is a motorsport circuit located in Mogyoród, Hungary, just outside the capital city of Budapest. The circuit has been hosting the Hungarian Grand Prix since 1986, making it one of the longest-running venues on the Formula 1 calendar. The Hungaroring is owned by the Hungarian government and is operated by Hungaroring Sport Zrt., a state-owned company.
The construction of the Hungaroring was a significant milestone for Hungary, as it became the first Formula 1 venue behind the Iron Curtain. The project was initiated by the Hungarian government as a way to boost tourism and showcase the country’s capabilities to the world. The circuit was designed by Hungarian architect István Papp and was built in just eight months, an impressive feat considering the scale of the project.
Since its inaugural race in 1986, the Hungaroring has become a staple of the Formula 1 calendar, known for its challenging layout and unique characteristics. The circuit is 4.381 kilometers (2.722 miles) long and features 14 turns, with a combination of tight corners and short straights that make overtaking difficult Source: Hungaroring – Wikipedia.
Under the ownership of the Hungarian government and the management of Hungaroring Sport Zrt., the circuit has undergone several upgrades and renovations over the years to maintain its high standards and meet the evolving needs of motorsport. These improvements have included the resurfacing of the track, the construction of new grandstands and pit buildings, and the installation of modern safety features.
In addition to Formula 1, the Hungaroring hosts a variety of other motorsport events, such as the FIA World Touring Car Cup, the European Truck Racing Championship, and the International GT Open. The circuit is also a popular venue for testing and promotional activities, thanks to its proximity to Budapest and its reputation as a challenging and technical track.
The Hungarian government’s ownership of the Hungaroring has been crucial to its success and longevity as a Formula 1 venue. The state’s investment in the facility and its commitment to promoting motorsport in Hungary have helped to ensure the circuit’s place on the calendar and its ongoing popularity among fans and teams.
The Hungaroring’s unique atmosphere and its enthusiastic local fan base have also contributed to its enduring appeal. The circuit’s location, nestled in the rolling hills of Mogyoród, provides a picturesque backdrop for racing, while the passionate support of the Hungarian fans creates a lively and engaging environment.
*Sources:
Hungaroring Sport Zrt. – https://hungaroring.hu/en/about-us/introduction*
Hungaroring Official Website – https://hungaroring.hu/en/about-us/history
Circuit Zandvoort
Circuit Zandvoort, also known as Circuit Park Zandvoort, is a motorsport race track located in the dunes north of Zandvoort, Netherlands, near the North Sea coast. The circuit has a rich history in Formula 1, having hosted the Dutch Grand Prix from 1952 to 1985, and it returned to the calendar in 2021 after a 36-year absence. The circuit is owned by Prince Bernhard of Orange-Nassau, a member of the Dutch royal family, through his company Chapman Andretti Partners.
The original Circuit Zandvoort was designed by John Hugenholtz, a Dutch former motorsport director, and opened in 1948. The circuit quickly gained popularity among drivers and fans for its challenging layout and unique coastal setting. In 1952, Zandvoort hosted its first Formula 1 race, which was won by Ferrari driver Alberto Ascari Source: Circuit Zandvoort – Wikipedia.
Over the years, Circuit Zandvoort underwent several modifications and improvements to enhance safety and accommodate the evolving demands of motorsport. However, following the 1985 Dutch Grand Prix, the circuit was dropped from the Formula 1 calendar due to financial difficulties and the increasing focus on safety in the sport.
In recent years, there has been a resurgence of interest in bringing Formula 1 back to Zandvoort. Under the ownership of Prince Bernhard of Orange-Nassau and the management of Chapman Andretti Partners, the circuit has undergone extensive renovations and upgrades to meet the modern standards required for hosting a Formula 1 race. These improvements included the reprofiling of some corners, the installation of new safety features, and the construction of new facilities for teams and spectators.
The Dutch Grand Prix made its triumphant return to Circuit Zandvoort in 2021, with the event proving to be a major success. The circuit’s unique layout, featuring a combination of fast, sweeping corners and tight, technical sections, provided an exciting challenge for drivers and a thrilling spectacle for fans. The enthusiastic Dutch crowd, known for their passionate support of Red Bull driver Max Verstappen, created an electric atmosphere throughout the weekend.
In addition to Formula 1, Circuit Zandvoort hosts a variety of other motorsport events, such as the DTM (Deutsche Tourenwagen Masters), the ADAC GT Masters, and the Historic Grand Prix Zandvoort, which celebrates the circuit’s rich heritage.
Circuit De Spa-Francorchamps
The Circuit de Spa-Francorchamps, often referred to simply as “Spa,” is a legendary motorsport race track located in the Ardennes region of Belgium. Known for its challenging layout, unpredictable weather, and stunning natural beauty, Spa has been a staple of the Formula 1 calendar since 1950, hosting the Belgian Grand Prix. The circuit is owned by the Walloon Region, the French-speaking regional government of southern Belgium, and is managed by the Spa Grand Prix company.
The original Circuit de Spa-Francorchamps was designed in 1920 by Jules de Thier and Henri Langlois Van Ophem, using public roads connecting the towns of Francorchamps, Malmedy, and Stavelot. The circuit’s first race was held in 1922, and it quickly gained a reputation as one of the most demanding and fearsome tracks in Europe, with its fast, sweeping corners and dramatic elevation changes Source: Circuit de Spa-Francorchamps – Wikipedia.
Over the years, the circuit has undergone numerous changes and modifications to improve safety and accommodate the evolving needs of motorsport. The most significant change occurred in 1979, when the track was shortened from 14.1 kilometers (8.8 miles) to its current length of 7.004 kilometers (4.352 miles), following the construction of a new permanent section that bypassed the dangerous and high-speed public roads Source: A history of Circuit de Spa-Francorchamps.
The Walloon Region’s ownership of the Circuit de Spa-Francorchamps, in partnership with the Spa Grand Prix company, has been crucial to the circuit’s ongoing success and its ability to maintain its place on the Formula 1 calendar. The regional government’s investment in the facility and its commitment to upgrading the circuit’s infrastructure have helped to ensure that Spa remains one of the most iconic and beloved tracks in the world.
In recent years, the Spa Grand Prix company has overseen further improvements to the circuit, including the resurfacing of the track, the installation of new safety features, and the construction of modern facilities for teams and spectators. These enhancements have not only increased the safety and competitiveness of the racing but have also improved the overall experience for fans attending the Belgian Grand Prix.
Apart from Formula 1, the Circuit de Spa-Francorchamps hosts a wide range of motorsport events, including the FIA World Endurance Championship, the Intercontinental GT Challenge, and the 24 Hours of Spa, one of the most prestigious endurance races in the world.
The circuit’s ownership by the Walloon Region and the Spa Grand Prix company’s effective management have been instrumental in preserving Spa’s rich heritage and ensuring its continued success. The track’s unique challenges, including the infamous Eau Rouge and Raidillon corner combination, the ever-changing weather conditions, and the lush Ardennes forest setting, have made it a favorite among drivers and fans alike.
Other Notable Circuits
Albert Park Circuit – Australia
The Albert Park Circuit, located in Melbourne, Australia, is a temporary street circuit that has been hosting the Australian Grand Prix since 1996. The circuit is unique in that it is situated within the Albert Park public park, which is managed by Parks Victoria, a state government agency responsible for managing parks and reserves across Victoria. The Melbourne Grand Prix Corporation, a government-owned company, is responsible for the organization and promotion of the Australian Grand Prix Source: Albert Park Circuit – Wikipedia.
Circuit de Monaco – Monaco
The Circuit de Monaco is a legendary street circuit that has been hosting the Monaco Grand Prix since 1929. The circuit is known for its tight, narrow layout that winds through the streets of Monte Carlo and along the famous harbor. The circuit is unique in that it is owned and managed by the Automobile Club de Monaco (ACM), a non-profit organization that is responsible for organizing and promoting motorsport events in the Principality of Monaco Source: Circuit de Monaco – Wikipedia.
Marina Bay Street Circuit – Singapore
The Marina Bay Street Circuit, located in Singapore, is a temporary street circuit that has been hosting the Singapore Grand Prix since 2008. The circuit is known for being the first night race in Formula 1 history and for its stunning backdrop, which includes iconic landmarks such as the Marina Bay Sands hotel and the Singapore Flyer. The circuit is owned and managed by the Singapore Tourism Board, a government agency responsible for promoting tourism in Singapore Source: Marina Bay Street Circuit – Wikipedia.
These three circuits showcase the diversity of ownership structures in the world of Formula 1, with government agencies, non-profit organizations, and public-private partnerships all playing a role in the management and promotion of these iconic venues. Their unique characteristics, whether it be their temporary nature, challenging layouts, or stunning locations, have made them fan favorites and integral parts of the Formula 1 calendar.
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F1 Circuit FAQs
How do F1 circuits make money?
F1 circuits make money through various revenue streams, which help them offset the costs of hosting a Grand Prix and maintain their facilities. The primary sources of income for F1 circuits include:
- Ticket sales: A significant portion of a circuit’s revenue comes from ticket sales to fans attending the race weekend. This includes general admission tickets, grandstand seating, and VIP packages.
- Hosting fees: Circuits pay a substantial fee to Formula 1 for the right to host a Grand Prix. While this is an expense for the circuits, it can also be seen as an investment, as the presence of Formula 1 can attract more visitors and generate additional revenue.
- Sponsorships and advertising: Circuits can generate income by securing sponsorships and advertising deals with various companies. This can include trackside advertising, naming rights for grandstands or other facilities, and promotional partnerships.
- Hospitality and corporate events: Many circuits offer exclusive hospitality packages and host corporate events during race weekends, which can generate significant revenue. These packages often include VIP access, gourmet catering, and prime viewing locations.
- Other motorsport events: In addition to Formula 1, circuits can host other motorsport events throughout the year, such as MotoGP, endurance races, and national championships. These events provide additional revenue opportunities for the circuits.
- Track rentals and experiences: Circuits can generate income by renting out their facilities for private track days, testing, and other events. Some circuits also offer driving experiences, allowing fans to drive high-performance vehicles on the track.
By diversifying their revenue streams, F1 circuits can minimize their reliance on a single source of income and ensure their long-term financial stability. However, the profitability of a circuit depends on various factors, such as its location, facilities, and the terms of its contract with Formula 1.
Does F1 make money from circuits?
Yes, Formula 1 generates revenue from circuits through hosting fees and other commercial arrangements. When a circuit agrees to host a Grand Prix, it typically pays a substantial fee to Formula 1 for the right to stage the event. This hosting fee is one of the primary sources of income for Formula 1, along with revenue from broadcasting rights, sponsorships, and other commercial partnerships. The exact amount of the hosting fees varies from circuit to circuit and is subject to negotiation between Formula 1 and the circuit owners. In addition to the hosting fees, Formula 1 may also receive a share of other revenue streams, such as ticket sales and hospitality packages, depending on the specific agreements in place with each circuit.
How much does Monaco pay to host F1?
Monaco has historically paid a significantly lower hosting fee compared to other circuits on the Formula 1 calendar. The German newspaper Bild stated that “In recent years, Monaco has paid only 12 million euros per year to Formula 1, and for decades it paid nothing at all”.
However, it appears that Monaco will now be required to pay a higher fee to continue hosting the prestigious Monaco Grand Prix. Bild reported that “Monaco will now spend 25 million euros annually on the spectacle”.
This increase in the hosting fee brings Monaco more in line with other circuits on the calendar, although it is still believed to be lower than some of the top-paying venues. The exact reasons for Monaco’s historically lower fee are not entirely clear, but it is likely due to a combination of factors, including the circuit’s iconic status, its long-standing relationship with Formula 1, and the unique challenges it presents in terms of organization and logistics.
Despite the increased hosting fee, the Monaco Grand Prix remains one of the most prestigious and sought-after events on the Formula 1 calendar, attracting fans and celebrities from around the world to the glamorous Principality.