Argentine President Javier Milei has officially called on the International Automobile Federation (FIA) to bring Formula One back to Argentina, marking a potential return for the sport after nearly 30 years. Addressing the FIA’s American Congress in Buenos Aires, Milei emphasized that the nation is reclaiming the institutional seriousness required to host elite racing events. He noted that the country’s passion for motorsport remains timeless, bolstered by a deep-rooted tradition and a new generation of talent.
The nation’s historical connection to the sport is anchored by the legendary Juan Manuel Fangio, who secured five world championships between 1951 and 1957. Since the 1950s, Buenos Aires has hosted approximately 20 Grand Prix races, with the last event occurring in 1998. Public enthusiasm for the sport remains high; organizers reported that an exhibition race featuring young Alpine driver Franco Colapinto on a 4-kilometre street circuit in the capital drew nearly half-a-million spectators last April. Expressing his support for the rising star, Milei stated, “We want to see Colapinto (race) in this country.”
To facilitate a potential return, the city is currently investing $100 million into the Oscar and Juan Galvez Circuit. Named after iconic racers from the 1940s and 1950s, the facility is undergoing extensive renovations, including the construction of a new track and grandstands designed to meet the standards for both motorcycle Grand Prix and Formula One competitions. City officials expect these upgrades to continue through early 2027. The report also notes that the renovations are expected to go on until early 2027.
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