Good news for Formula 1 fans! Hungaroring renovation already in the finish line

Market Építő Plc. and Bayer Construct are undertaking simultaneous construction and demolition activities at the iconic Hungaroring circuit, currently undergoing renovation. They are working with a tight timeframe as Formula 1’s Hungarian Grand Prix is scheduled to commence on 19 July, necessitating the timely completion of site preparations 60 days before the event. Here is the newest update on the construction.

Construction on Hungaroring

As Magyar Építők writes, Market Építő Plc. and Bayer Construct are ensuring timely progress as they complete the first phase of the Hungaroring renovation project’s second stage. A recent update on Market Építő Plc.’s community page confirms the successful construction and insulation of supporting walls, installation of utilities, and expansion of the depot at the event site. As cranes are disassembled and construction materials cleared, the site handover to the sports team preparing for the competition has commenced.

Construction activities at the Hungaroring involve the development of an event space and retaining wall system, with 30-50 thousand cubic meters of soil already moved for the project. Excavated soil is being repurposed for the foundation of a new, expanded depot building. This year’s race will utilise the completed depot, accommodating teams’ buses and trucks. To meet May’s deadline, contractors are working around the clock on pile foundations, with four cranes already removed from the site.

F1 Hungaroring. Photo: Facebook/Hungaroring

Under the ground

In this phase of the project at the Hungarian Formula 1 site, two tunnels have been constructed. One tunnel, set to open to the public in 2025, will provide general access, while the other will be reserved for VIP guests and service staff, connecting the paddock to the main concourse. The construction involved cutting through the circuit’s asphalt at the finish line, with ongoing efforts to restore the road surfaces, install kerbstones, and complete irrigation and electricity networks. Future phases aim to minimise the visual impact of construction on the racetrack, with plans to clear remaining materials, restore road surfaces, and finalise basement-level asphalt for the depot.

After the Formula 1 race

The renovation works at the Hungarian Formula 1 site will be interrupted two times between 2023 and 2026. That is because races will be held on the track in 2024 and 2025 as well. Following this year’s race, the next phase of construction is set to begin in just over a week. During this stage, contractors will embark on several key tasks, including the demolition and reconstruction of the main arena, the overhaul of the event area, and the complete demolition of the paddock and main racecourse building. Subsequently, the newly constructed building will be handed over for immediate use.

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