The Algarve International Circuit located at Portimao has been awarded a Grade 1 licence by the FIA, a certification that makes the Portuguese venue eligible for Formula 1.
The modern facility, which was opened in 2008, has undergone a series of renovations that have allowed it to upgrade its homologation status and potentially target a return of F1 to Portugal.
Shortly after its opening in October of 2008, Portimao welcomed to its new track several F1 teams which organized private tests at the facility which is geographically ideally located for winter testing.
Over the past decade, Portimao's 4.6km circuit has hosted many International races such as rounds of the FIA WTCC series, the FIA GT Championship, the Le Mans Series, the World Series by Renault or the World Superbike Championship.
Portugal last hosted an F1 Grand Prix in 1996 at Estoril, a venue which enjoyed a 13-year presence on the F1 calendar.
Portimao's situation relatively far from the nearest airport may not make it a prime candidate for F1, while the facility's potential ambition of hosting a Grand Prix would obviously need to be supported by adequate funding, an unlikely prospect in the near-term given the sport's current crisis.
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
It was a solid start to the Las Vegas weekend for Ferrari with Carlos Sainz…
Lando Norris didn’t hold back in his assessment of McLaren’s performance on the opening day…
Lewis Hamilton was particularly happy with his opening day of running at the Las Vegas…
Red Bull fears that its prospects for this weekend's Las Vegas Grand Prix - which…
Ferrari and Mercedes have both modified their car’s floor element in Las Vegas to comply…
Lewis Hamilton put Mercedes on top of the timesheets for the second time in Las…