Monza remains confident over new F1 deal

By Joey Barnes, Editor-in-Chief

In a report from GPUpdate.net, Monza officials have restated their belief that the Italian circuit will strike a new deal with Formula One Management as they strive to remain on the calendar beyond the 2016 season.

 Negotiations have been going on for several months, with reports surfacing out of the Italian media that a deal had not been reached and that Formula 1 would likely move to Imola or Mugello in 2017.

Monza dismissed the surfacing reports and insists that they are focused on finalizing a new contract that would secure its place on the schedule and remain the home of the Italian Grand Prix.

In the report a spokesperson from Monza stated the following:

“Autodromo Nazionale Monza has not received any official communication concerning the failure of negotiations to renew the agreement with FOM in order to keep at Monza the Italian Grand Prix even after 2016.”

“We cannot but reiterate our confidence in the President of Automobile Club Italia, Angelo Sticchi Damiani, who is fully committed to ensuring that Monza may continue to be the location of the Italian Grand Prix in our country.

“SIAS Management [Monza’s management group] will continue to act responsibly by making available a part of the economic funds required to ensure the renewal of the agreement and to carry on the economic recovery plan they have been assigned to.”

Image: Mercedes AMG PETRONAS Formula One Team

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Joey Barnes is the Founder and Editor-in-Chief of Motorsports Tribune. He has covered auto racing since 2013 that has spanned from Formula 1 to NASCAR, with coverage on IndyCar. Additionally, his work has appeared on Racer, IndyCar.com and Autoweek magazine. In 2017, he was recognized with an award in Spot News Writing by the National Motorsports Press Association.

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