Irish-American executive Chase Carey, who is the chief executive officer and executive chairman of the Formula One Group, recently admitted that he would commit Formula One to the Barcelona circuit “almost forever”.
However, that does not mean a new contract will be agreed between the organisers of the current Spanish Grand Prix and Formula 1 owner Liberty Media: “We need to find a path It’s not the only circuit in Spain.” – Formula 1 chief executive Chase Carey told Spanish reporters in Barcelona – “Very soon we will begin to see if we can find a path that benefits us both. Our goal is to reach a new agreement with Barcelona,” the American added, referring to the existing deal that expires in 2019 – “We want to be in Barcelona in the long term. Forever? You could almost say that.” – he concluded.
The 2018 Spanish Grand Prix is due to be held on 13 May 2018 at the Circuit de Barcelona-Catalunya in Montmeló, Spain. The race will be the sixth round of the 2018 FIA Formula One World Championship and at the same time will mark the forty-eighth running of the Spanish Grand Prix as a World Championship event since the inaugural season in 1950, and the twenty-eighth time that a World Championship round had been held at the Barcelona-Catalunya circuit.