The Mutua Madrid Open tournament has been renewed until 2030. It is an agreement between the Madrid City Council and the Madrid Trophy Promotion. An event was held at the Caja Mágica in which both parties celebrated this renewal. In addition, this includes the construction of an additional track, which will be located near the outer tracks. It will have the capacity to host between 8 and 10,000 people. The CEO of Madrid Trophy Promotion has stated that the tournament has to grow and, therefore, it is necessary to invest.