The Italian Grand Prix looks set to remain at Monza, with an eleventh hour investment likely to lead to a new deal being signed ahead of next month's race.

The Autodromo Nazionale's F1 future had been thrown into doubt when changes to tax laws negatively affected the venue's ability to fund the grand prix. However, with Imola rumoured to be posturing as a potential replacement, negotiations at government level have resulted in the granting of a tax-free investment that should allow contract talks to begin again.

"Finally, after many attempts, we now have the possibility [to safeguard the race]," the governor of Lombardy, Roberto Maroni, told Gazzetta dello Sport, "With a tax-free investment, we can close the deal with Mr Ecclestone, hopefully by early September, to coincide with the holding of the grand prix at Monza."

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With one exception, when Imola staged the race in 1980, Monza has hosted every Italian Grand Prix since the F1 world championship began in 1950, and is revered in the same was as other historic circuits such as Silverstone and Monaco.

"I will meet Andrea Dall'Orto, the president of [Monza management company SIAS to close the deal with the mayors of Milan and Monza by the end of August, because the GP has to stay in Monza, because Monza is Monza," Maroni confirmed.