Monza set to sign new F1 deal

Tifosi F1 fans claiming the mainstraight at Monza
19 December 2015 by    1 min read

The Italian Grand Prix is set to continue at Monza, after Automobile Club of Milan president Ivan Capelli confirmed an agreement is close.

The famous track has been in conflict with Bernie Ecclestone over the fee to stage the race, and it looked likely that it would scupper a deal.

But when asked if a deal close, Capelli told AUTOSPORT: “Yes.

“The Italian government confirmed the amendment in the law that Automobile Club of Italy can use the money from all the companies that are connected to it to pay the fee for the Italian Grand Prix organised in Monza.

"There will be an agreement between the Automobile Club of Italy and the Automobile Club of Milan, which owns Monza through the company SIAS, that we will provide the funding.

"The AC of Italy president Angelo Sticchi Damiani achieved this through the connection he has in Rome, especially because the political side understood the importance of the grand prix for the region and for the whole country."

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