City officials hope event revival paves way for Formula 1 comeback

After nearly three decades, MotoGP will make a long-anticipated return to Buenos Aires in 2027, city officials confirmed on Monday. The race will take place at the historic Óscar and Juan Gálvez racetrack, following a full renovation of the municipal circuit.

This marks the first MotoGP race in Argentina’s capital since 1999, with races having been held at the Termas de Río Hondo circuit in Santiago del Estero since 2014.

Mayor: “We’re Going for More”

Buenos Aires Mayor Jorge Macri made the official announcement at the racetrack, positioning the MotoGP return as part of a broader vision to reclaim the city’s status as a motorsport hub in Latin America.

“Buenos Aires used to be the capital of motorsports and motorcycling in the region, and today it begins to regain that status,” Macri said.
“But we’re going for more: this is the first step toward applying again to host Formula 1.”

The capital city has a rich motorsports heritage, having hosted legendary racers such as Juan Manuel Fangio and Michael Schumacher, who won the last Formula 1 race there in 1998.

Major Renovation Planned for Historic Track

To meet MotoGP’s international standards, the city has committed to completely renovating the Óscar and Juan Gálvez circuit by October 2027. The upgrades will include:

  • Track resurfacing
  • New pit lanes and paddock facilities
  • Enhanced bumpers and safety zones

These improvements are expected to boost the venue’s appeal for other international events, including a potential Formula 1 bid.

Economic Boost and Global Spotlight

City officials estimate that hosting MotoGP will generate approximately $150 million in direct economic impact for Buenos Aires. The event is also expected to attract over 150,000 attendees and millions more watching via television and streaming platforms across more than 200 countries.

“Bringing MotoGP to the city means the arrival of an elite competition, with the most important international teams and riders,” Macri noted.

The event will also create thousands of jobs across sectors such as hospitality, gastronomy, transportation, and event services.

A Motorsport Revival in the Making

Buenos Aires’ return to the global MotoGP calendar marks not only a nostalgic moment for motorsport enthusiasts but also a strategic move toward re-establishing the city as a premier destination for elite racing competitions.

If successful, it could set the stage for Formula 1’s long-awaited return to the Argentine capital—reviving a legacy that once placed Buenos Aires at the heart of world motorsport.