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Mission

Tradition and Innovation

For four decades, the Hungaroring’s history has been intertwined with Hungarian and international motorsport, creating countless unforgettable moments along the way. We are proud of the legacy we have been building since 1986, one that has established the Hungaroring as a major venue on the international motorsport stage, particularly in Formula 1. The 40th anniversary was not only a celebration of past achievements, but also marked the beginning of a new era in 2026.

Thanks to the Strategic Development Programme, the Hungaroring underwent a complete transformation in time for its 40th anniversary. With a new main entrance, main building, main grandstand and event area, the circuit now offers an entirely renewed experience to its visitors. While preserving its heritage, the venue is now also equipped to meet the challenges of the future. Its state-of-the-art infrastructure, modern services and renewed facilities place the Hungaroring among the world’s leading motorsport venues, while it continues to retain its distinctive character as one of the classic circuits on the Formula 1 calendar.

The transformation has also significantly expanded the Hungaroring’s potential. The venue is increasingly opening its doors to events beyond motorsport, including corporate functions, conferences, recreational sports activities and community experiences. Its ambition is to create a vibrant destination throughout the year, making the facilities accessible to an ever-wider audience.

Today, the Hungaroring is more than a racetrack: it is a modern, innovative and versatile event venue that proudly builds on its heritage while confidently embracing the future.


International visibility and Tourism

Formula 1 is a major attraction. Several countries are currently competing for the opportunity to host a World Championship race, which makes the Hungarian Grand Prix’s position all the more valuable: it is the second-longest continuously running event on the Formula 1 calendar, surpassed only by Monza.

Hosting a Formula 1 race comes at a significant financial cost, as every host country is required to pay a hosting fee. However, the event attracts large numbers of tourists and generates substantial revenue for the country. Beyond its direct economic impact, the Hungarian Grand Prix also provides exceptional international exposure. During the race weekend, television broadcasts showcase not only our circuit but also the landmarks of Budapest, making the event an important contributor to Hungary’s international image and reputation.

Drivers and teams love the Hungarian Grand Prix for a number of reasons, not least the proximity of the capital. For fans, the appeal is equally clear: they can combine the excitement of a Grand Prix weekend with a summer holiday, making the most of everything Hungary has to offer.

According to the latest studies, the Hungarian Grand Prix contributes HUF 17.4 billion to Hungary’s GDP annually and generates HUF 7.5 billion in tax and contribution revenues. The live broadcast of the race reaches more than 80 million viewers worldwide, representing an estimated media value of HUF 5.3 billion. In connection with the most recent Hungarian Grand Prix, more than 10,000 articles mentioning Hungary were published in the print media.

Attendance figures tell a similarly impressive story. For the past five years, we have been able to put up the ‘Sold Out’ sign at the circuit, with all tickets selling out months before the race. In 2026, we welcomed more than 300,000 visitors over the Grand Prix week.