Logos of Spanish energy, construction and services conglomerate Acciona, are seen on a wall during company's annual shareholders meeting in Alcobendas, outside Madrid, May 10, 2016. REUTERS/Sergio Perez
(Reuters) - Spanish engineering firm Acciona and French rival Eiffage won a contract to build Madrid's new Formula 1 circuit, Acciona said on Tuesday.
The construction of the 5.47 kilometre (3.35 miles) long race track in an urban area in Madrid's northeast around the IFEMA exhibition centre will begin this month and it is expected to be completed by May 2026 and cost 83.2 million euros ($94.57 million), Acciona said.
