Monza secures new three-year contract
Monza will continue to host Formula 1’s Italian Grand Prix after organisers agreed to a new three-year contract.
The deal was confirmed by F1 boss Bernie Ecclestone, FIA President Jean Todt and Italian motorsport federation (ACI) head Angelo Sticchi Damiani on the eve of this weekend’s race.
The announcement, which secures the race until 2019, ends a long running saga that had placed the circuit’s future on the F1 calendar in doubt.
Amid a stalemate in talks between promoters and Ecclestone, Imola emerged as a possible alternate venue for the race.
The new contract is yet to receive final sign-off which will now be completed in London later this year.
“Regretfully legally we can’t sign it here – but more important is that we have an agreement thanks to our lawyers and we are getting all the small details sorted,” said Ecclestone.
“There is no problem in having the race here. The contract will be for three years but I hope we are here for 100 years.
“We are going to sign it in London. We cannot sign it here, but everyone should be happy we are going to keep the race at Monza.”