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Motorsport Week

Bernie Ecclestone gives Monza organisers February deadline

11 years ago
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Bernie Ecclestone has warned Monza officials that they have until the end of February to resolve the current problems which are stopping a deal from going ahead to extend the circuit's contract to host the Italian Grand Prix.

It was earlier reported that a change in the law – which allows private funding to pay the hosting fee – would pave the way for a deal to go ahead, but further political problems have delayed said deal and Ecclestone has issued a deadline of February 29 to resolve the problems.

"It's Italian. A lot of conversations at the moment and not much action," he told Reuters. "They said to me a few months ago 'everything is sorted out, we know exactly where we are and it's all agreed and no dramas.'

"And now I heard yesterday it's become very political…they'll get on with it. Or not."

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It's believed the issue of funding has been resolved, with successful negotiations to reduce the hosting fee, but long-term management concerns have arisen which could threaten the event.

Ecclestone made clear that there's nothing he can do, urging officials to resolve the problems quickly.

"I don't know what's going to happen," he added. "Nothing we can do about it.

"The only people that can sort this out are the people that are currently involved in Italy. They can take as long as they like [to resolve it], provided it's by the end of this month."

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