The Formula 1 Portuguese Grand Prix is set to return in 2027, with the race due to take place at the Algarve International Circuit before or after the summer.
While the exact date has not yet been confirmed, organisers say the race will not be held during the busiest summer months. Instead, two possible timeframes are being considered.
“We have a few possible windows,” the CEO of the Algarve racetrack, Jaime Costa, told DAZN Portugal.
“We know it won’t be in the peak summer months – that’s something we agreed upon with Formula 1, because the impact on the region would be much lower and therefore the return on investment smaller. We are still consulting and finalising the calendar with other circuits. In reality, it will be either before the summer or just after the peak season,” Costa explained.
The agreement for F1’s return to the Algarve currently covers two years (2027 and 2028), although Costa says there are plans to extend the deal.
“Our goal is, by the summer, to start working on extending the contract. It doesn’t depend only on us,” he said.
The return of Formula 1 racing is expected to bring a significant economic boost to Portugal’s main tourist region. According to the circuit, major motorsport events always generate “at least €150 million” for the country, with between €180 million and €200 million estimated for the Algarve region.
Negotiations to bring the race back began in 2024 and were finalised at the end of last year, with the agreement officially announced in mid-December.
Portugal last hosted a Formula 1 race in 2021, when the Algarve circuit was used as a replacement venue during the pandemic. The event was widely praised by drivers and fans but did not remain on the calendar once the championship returned to a full schedule.
The Portuguese Grand Prix has previously been held at several venues, most notably the Estoril Circuit, which hosted races between 1984 and 1996, as well as earlier street circuits in Monsanto and Boavista.
Meanwhile, the Algarve racetrack continues to establish itself as a venue for major international events, including world-famous championships such as the MotoGP since 2020 and the Superbike World Championship for most seasons since 2008.
