The future of the Italian Grand Prix looks to be secure with news that a new deal will be agreed sometime in “early September”.
The event, held at the Autodromo Nazionale Monza, looked in doubt for 2016 and beyond as negotiations to secure a new contract stalled on multiple occasions over costs.
It’s believed between €22 and €24 million is needed to secure Monza’s place on the F1 calendar for the next few years and now a tax free investment will provide that shortfall.
Backing has come from the Italian government and now Lombardy governor, Roberto Maroni, is confident they will have a new deal signed and in place next month.
“We can do it by early September,” he told Gazzetta dello Sport. “With this tax free investment we can close the deal with Ecclestone.
“The day after tomorrow I will meet Andrea Dall’Orto, the president of Sias, to close the deal with the mayors of Milan and Monza.
“The grand prix has to stay in Monza, because Monza is Monza.”
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