05-08-2025
FM: Hungaroring redevelopment is world's most spectacular sports infrastructure upgrade
Péter Szijjártó, Minister of Foreign Affairs and Trade, described the 2025 redevelopment of the Hungaroring as 'the most spectacular sports infrastructure upgrade in the world this year' during remarks made in Mogyoród following talks with Formula-1 Group CEO Stefano Domenicali.
The minister emphasized that the recent transformation of the Hungarian Formula 1 venue over the past 12–13 months had 'impressed the entire Formula-1 world, including its management, rights holders and teams.' He added that other race promoters were present to observe the improvements. 'They see what they'll need to do at other locations worldwide,' he said.
Minister Szijjártó underlined that despite the scale of the development, Hungary did not cancel a single Grand Prix. 'The series' leadership refers to our project as a model for future F1 developments,' he stated, highlighting that the upgrade retained a uniquely Hungarian character while aligning with global standards and preserving a 40-year tradition.
He also said the project had prompted Formula 1 leadership to 'naturally consider' keeping the Hungarian Grand Prix on the calendar beyond 2032. 'We didn't carry out these world-class developments just to stop in 2032,' he noted.
Szijjártó emphasized that the 10-month project delivered GDP impacts of HUF 25–30 billion in a single race weekend and brought significant international exposure. 'This proves that even seemingly impossible projects can be realized swiftly with political will and expertise,' he said. 'Hungary benefits greatly from Formula 1.'
