The Portuguese Grand Prix, a race that Lewis Hamilton dominated in 2020 and 2021, is reportedly set to make a comeback to the Formula One calendar in 2027.

Earlier this week, Prime Minister Luis Montenegro announced that Portugal is ‘all set’ to finalize its return to the racing schedule, amid continued speculation over the Brit’s future.

The popular Portimao circuit, which hosted the Portuguese GP during the COVID-19-shortened season in 2020 and remained on the calendar in 2021, is ready to host again after a four-year hiatus.

“One of the circumstances that most contributes to the promotion of this region is the major events,” said Prime Minister Montenegro.

“We’ve secured the MotoGP, the premier event in world motorcycling, for 2025 and 2026. And I can tell you that we’re all set to formalize the return of Formula One to the Algarve next year, in 2027.

“These events require some financial effort on the part of the government, but they provide a return, both direct and indirect, through promotion, that is truly worthwhile.”

However, Portugal isn’t the only country eager to return to the F1 grid. With the calendar now maxed out at 24 races and few venues willing to give up their spots on the schedule, competition is heating up.

Nations including Thailand, South Africa, Argentina, Turkey and South Korea are all vying to secure hosting rights for races. Similar to Portimao, the Turkish Grand Prix featured during the pandemic-impacted season and is campaigning for a calendar comeback.

In comments to Motorsport Turkey, Turkish Automobile Sports Federation president Eren Uclertopragi outlined their strategy. “There is a strong commitment from the government to bring Turkey back into the Formula One calendar with a permanent and long-term agreement,” he said. “As is known, the 2026 calendar has already been announced.

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“Nevertheless, in the event that a race cannot be held for various reasons, we could host the Turkish Grand Prix. However, unlike during the pandemic, we do not want to host a one-off replacement race; instead, we aim to secure a place on the calendar through a long-term contract.”

Given the numerous countries competing for F1 hosting opportunities, CEO Stefano Domenicali is exploring race rotation possibilities. The Belgian Grand Prix and Spanish Grand Prix are anticipated to adopt this approach in future seasons, with the concept involving alternating hosting duties on an annual basis.