Is the Madrid Grand Prix in jeopardy? Race struggles to attract funding

The Madrid Grand Prix is struggling to attract external investment, which may put the new Spanish Grand Prix in jeopardy. The race was announced at the start of 2024, as F1 CEO Stefano Domenicali visited the IFEMA district, where the semi-permanent track is set to be built. Despite the plans, the Madrid City Council has admitted that possible investors are not showing much interest in putting their funds into the race, but the Madrid City Council still assures that the race will make a profit.