F1 »

Italian GP close to securing Monza future

Both the ACI and ACM are optimistic that a new deal to keep F1 at the Autodromo Nazionale di Monza will be signed by the end of the month.
Doubts over the future of the Italian Grand Prix at Monza appear to be receding after claims that the race was close to signing a seven-year extension to its current F1 deal.

One of the oldest and most anticipated rounds on the F1 schedule, the Italian Grand Prix was thrown into question during the summer as organisers and F1 supremo Bernie Ecclestone struggled to agree the terms of a new contract, with the former having declared that it could not afford to meet the hosting fees set by the commercial rights holders.

Although there was hope of a resolution ahead of the 2015 race, negotiations – and fears - rumbled on behind the scenes through to the end of the year, but now appear to be receding, with various sources on the event side claiming that they are close to a breakthrough in discussions.

Angelo Sticchi Damiani, the head Automobile Club of Italy (ACI) spoke of his optimism following a recent law change that will allow the governing body to take on responsibility for the bulk of the event's funding, previously handled by the more local Automobile Club of Milan (ACM).

A reworking of Article 183 will allow the ACI to use its own profits - including those raised through the likes of public vehicle registration - to help meet the fees required to secure Monza's place on the schedule, with as much as two-thirds of the total – rumoured to be €12.5m - being met by the national body. The ACM, now led by former Ferrari driver Ivan Capelli, will be expected to provide the remaining sum.

"The Autodromo di Monza has had difficult times, but the worst is now over," Damiani told Italian sports newspaper Gazzetta, “We are close to signing a deal with Mr Ecclestone that will ensure we have the grand prix [at Monza] for another seven years.”

"There is one last shot to the kidneys needed in order to make the oldest race track safe [on the schedule] and we're going to win a battle that has led the ACI making tremendous sacrifices."

Capelli spoke of his own optimism towards the end of 2015, with the ACM confident of being able to provide the remaining €6.5m required to secure the race through the likes of ticket sales and sponsorships. Both the ACI and ACM are confident that a deal will now be signed before the end of the month.

That will come as good news for the majority of the drivers currently competing in the top flight, with the likes of Sebastian Vettel, Lewis Hamilton and Felipe Massa having already made their thoughts known about the possibility of losing the race. The German was particularly candid having added a second place finish on his first Ferrari appearance at Monza to the historic 2009 victory for Toro Rosso that launched his F1 career.

“It is the best second place I have ever had,” Vettel insisted, “The emotions on the podium are incredible. If we take this away from the calendar for any sh*tty money reasons, I think you are basically ripping out hearts out.

“You stand on the grid, you look to the left, you look to the right, people are just happy to be part of it and it makes our day. It is as simple as that, it is incredible.”

Tagged as: Monza , Italy

Related Pictures

Click on relevant pic to enlarge
05.09.2015 - Old track
06.09.2015 - Race, Freccie Tricolori
Tifosi at the Italian Grand Prix Podium
29.09.2016 - Sebastian Vettel (GER) Scuderia Ferrari SF16-H
29.09.2016 - Daniel Ricciardo (AUS) Red Bull Racing RB12
29.09.2016 - Daniil Kvyat (RUS) Scuderia Toro Rosso STR11
29.09.2016 - Daniil Kvyat (RUS) Scuderia Toro Rosso STR11
29.09.2016 - Max Verstappen (NED) Red Bull Racing RB12
29.09.2016 - Eric Boullier (FRA) McLaren Racing Director
29.09.2016 - Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Jean Alesi (FRA)
29.09.2016 - Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid
29.09.2016 - Press conference, (L-R) Esteban Ocon (FRA) Manor Racing MRT05, Nico Hulkenberg (GER) Sahara Force India F1 VJM09, Daniil Kvyat (RUS) Scuderia Toro Rosso STR11, Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid, Jenson Button (GBR)  McLaren Honda MP4-31 and Felipe Massa (BRA) Williams FW38
29.09.2016 - Press conference, Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Jenson Button (GBR)  McLaren Honda MP4-31
29.09.2016 - Kevin Magnussen (DEN) Renault Sport F1 Team RS16
29.09.2016 - Kevin Magnussen (DEN) Renault Sport F1 Team RS16
29.09.2016 - Pascal Wehrlein (GER) Manor Racing MRT05
29.09.2016 - Felipe Massa (BRA) Williams FW38
29.09.2016 - Felipe Massa (BRA) Williams FW38 and Felipe Nasr (BRA) Sauber C34

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


January 10, 2016 8:39 PM

@SoSlo Why do you bother with F1, everything I've read of yours just lately is negative towards the sport, I think we would all agree the past few seasons have hardly been stellar, but why bother you ask, well if someone doesn't try then eventually even the new circuits will give up and F1 would be gone. I wonder how long you have followed F1, because believe me many on here have decades of loyalty and they understand circuits like Monza, Silverstone, Monaco etc are the life blood of the sport, heritage and history are as much part of F1 as technical innovation, these circuits are like your favorite T shirt, comfortable and familiar and you never can bring your self to throw it away.

© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.