Formula 1® Will Race Back to Portugal in 2027 and 2028: Algarve Circuit Gets Ready for Record-Breaking Attendance and Global Attention!

Published on December 17, 2025

By: Paramita Sarkar

After a highly anticipated hiatus, the Formula 1® Portuguese Grand Prix will make its return in 2027 and 2028, with the iconic Autódromo Internacional do Algarve, commonly known as the Portimão Circuit, once again welcoming the world’s top drivers. The return of the Portuguese Grand Prix is part of a formal two-year agreement that involves key government entities and the local circuit promoter, ensuring that the thrilling spectacle will continue to contribute to the region’s tourism and economy.

Formula 1® Returns to Portugal in 2027 and 2028

The return of Formula 1® to Portugal is the result of a strategic two-year agreement between several Portuguese government organizations and the local circuit promoter, Parkalgar. The Portuguese government, Turismo de Portugal (the national tourism authority), and the operator of the Portimão Circuit have officially sealed the deal. The agreement is seen as a major boost for Portugal’s image on the world stage, aligning with the country’s broader economic and tourism goals.

The Grand Prix will once again be held at the Autódromo Internacional do Algarve, which hosted the Portuguese Grand Prix during the COVID-19 pandemic in 2020 and 2021. This 4.6-kilometer circuit is renowned for its dramatic elevation changes and its exciting, rollercoaster-like layout, which has earned it high praise from both drivers and fans alike.

2027 and 2028 Portuguese Grand Prix Dates

The return of the Formula 1® Portuguese Grand Prix will take place in the 2027 and 2028 seasons. The official date for the 2027 race will be confirmed in June 2026, once the final F1® calendar for the year is announced. Fans of the high-speed sport can expect a weekend full of thrilling action, with the race weekend likely to attract thousands of international visitors and boost the local economy.

The Historic Portimão Circuit in Algarve

The Portuguese Grand Prix will be held at the Autódromo Internacional do Algarve, located in the scenic Algarve region. Known for its challenging corners and unique elevation changes, the Portimão Circuit is a favorite among drivers for its exciting layout. The circuit previously hosted F1® races in 2020 and 2021, stepping in during the pandemic as a replacement venue, and it has since become a fan favorite.

The Algarve region is one of Portugal’s premier tourism destinations, attracting visitors with its stunning coastline, charming towns, and renowned resorts. This return of Formula 1® to the Algarve is expected to further cement the area as a top global sporting and tourism hub.

Economic and Strategic Importance for Portugal

The return of Formula 1® is seen as a major economic and strategic win for Portugal. The Portuguese government has highlighted the event’s substantial economic impact, with an estimated contribution of at least 140 million euros per Grand Prix. Additionally, the event is expected to draw over 200,000 visitors to the region, including 150,000 spectators, with a significant number coming from international markets. This influx of visitors will not only benefit the tourism sector but also provide a substantial boost to local businesses and small-to-medium enterprises (SMEs) in the Algarve.

The government also frames the event as a way to enhance Portugal’s international image, presenting the country as modern, ambitious, and dynamic to a global audience of nearly one billion viewers. The Formula 1® Grand Prix aligns with Portugal’s National Tourism Strategy and supports regional development, bringing long-term benefits to both the Algarve and the country as a whole.

A Collaborative Effort Between Key Stakeholders

The return of Formula 1® to Portugal has only been made possible through a partnership between several key stakeholders. The agreement was formalized in London, with major signatories including the Portuguese Minister of Economy and Territorial Cohesion, Manuel Castro Almeida, and Secretary of State for Tourism, Commerce, and Services, Pedro Machado. The deal was negotiated between Formula One Management (FOM), the Portuguese government, and the local circuit operator, Parkalgar.

The promoter, Jaime Costa, Chairman and CEO of the Algarve International Circuit, acknowledged the vital support from the Portuguese government and tourism authorities. He emphasized that the return of F1® would not only bring significant economic benefits but also enhance the profile of the Algarve as a leading destination for international events.

Stefano Domenicali, President and CEO of Formula 1®, also praised the efforts of the Portuguese officials, confirming the high demand for the return of the Portuguese Grand Prix and the significant support from the local government in making it happen.

The Bigger Picture: F1® in Portugal as a Long-Term Asset

The Portuguese Grand Prix is not only a significant event for the Algarve region but also a major asset for Portugal as a whole. The Formula 1® return underscores the country’s growing stature as a host for major international events, and the partnership is expected to yield long-term benefits. As the event draws closer, expectations for the impact on tourism, local businesses, and the country’s global image continue to rise.

With the 2027 and 2028 seasons promising to deliver another thrilling chapter in the history of Formula 1® racing in Portugal, fans can look forward to experiencing one of the most exciting race weekends in recent memory. The Algarve’s dramatic circuit and Portugal’s welcoming spirit will combine for a celebration of motorsport like no other.

Portugal’s return to the Formula 1® calendar is a reminder of the power of sport to elevate a country’s global profile and create economic opportunities for both local and national economies.