Mexico Town’s Estadio Azteca has modified its title to Estadio Banorte with the intention to lend a hand fund the general phases of transforming for the impending 2026 International Cup.
The venue for the 1970 and 1986 International Cup finals, the stadium will develop into the primary to host 3 International Cups when it hosts the hole recreation of the 2026 festival, which will likely be performed throughout Mexico, the USA and Canada.
The stadium will obtain a mortgage of two.1 billion pesos ($105 million) from Banorte, a significant financial institution within the nation that will likely be repaid over 12 years.
The deal between the financial institution and Ollamani, homeowners of the stadium, lets in Banorte to have naming rights, in addition to different promotions reminiscent of commercials, signage and merchandise within the venue. The newest funding is along with the 1.5 billion pesos ($75 million) that Ollamani has already invested within the transform.
The Estadio Azteca is one among handiest two stadiums to have hosted two International Cup finals. Kirby Lee-USA TODAY Sports activities
“It is an honor to unite with a very powerful monetary establishment within the nation,” mentioned Emilio Azcárraga Jean, proprietor of Ollamani.
“With them we’re going to modernize this emblematic stadium whilst respecting its essence and architectural designs identified for many years. It is going to be a very powerful position to exhibit Mexico to the sector.”
The title trade will mark the second one within the stadium’s 58-year life after in brief being known as Estadio Guillermo Cañedo in 1997. Closed since 2024 because of reworking paintings, the Estadio Banorte is anticipated to complete building later this yr or in early 2026.
Then again, the brand new title might not be used all the way through the 2026 International Cup. FIFA’s strict sponsorship regulations approach stadiums that experience offered their naming rights to sponsors will likely be compelled to switch their names for the event.
FIFA lists MetLife Stadium, the place the general will likely be performed on July 19, 2026, as New York New Jersey Stadium.
