Hotel101 Global, a subsidiary of DoubleDragon Corp., has signed a 10-year agreement with MATCH Hospitality to designate Hotel101-Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid.
In a stock exchange disclosure on Monday, DoubleDragon, the real estate firm led by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, said the agreement covers the races from 2026 to 2035.
MATCH Hospitality, the official hospitality provider for the Spanish Grand Prix, is known for managing programs for major sporting events, including the FIFA World Cup and Formula 1 British Grand Prix.
“We are honored to partner with MATCH Hospitality to serve as the official hotel accommodation for the Formula 1 Spanish Grand Prix in Madrid, Spain,” said Hannah Yulo-Luccini, CEO of Hotel101 Global.
“Hotel101-Madrid's prime location next to the F1 circuit, combined with our globally standardized ‘Happy Room’ concept, positions Hotel101-Madrid as the ideal choice for fans and participants seeking comfort, convenience, and value,” she added.
The 680-room Hotel101-Madrid, currently under construction by Ferrovial, is slated for completion by the fourth quarter of the year.
It will be one of Madrid’s five largest hotels, located beside the future F1 circuit in Valdebebas and near key transport and commercial hubs.