The return of Formula 1 to Madrid boosts the economy and culture of the Spanish capital.
The new Formula 1 circuit will have a private investment of 100 million euros.
The company in charge of MotoGP has also shown interest in Madrid.
The circuit could attract 450 million euros per year and create 10,000 jobs.
Madrid's open policy, stability, and legal security demonstrate the success of its economic model.
Conclusion: Public administration support to private initiative is crucial to energize the economy and foster economic and cultural progress in the region.