Ecclestone hopeful of Monza deal post-2016

Bernie Ecclestone is hopeful of signing a new deal with the organisers of the Italian Grand Prix as long as they can agree new terms in line with other European races.

The 83-year-old recently threatened to scrap the race once its current deal expires in 2016 because it pays less than the majority of events – an announcement which was met with much criticism.

But speaking on Saturday in the Monza paddock, Ecclestone was more hopeful of a new deal following talks with new promoter and former driver Ivan Capelli.

“I spoke to them this morning and the bottom line is simple: all we want is for Monza to have the same terms as all the other European races,” he said.

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“I would like to cross the name out of any [other races] contract then I would like to put in the name ‘Monza’.”

When asked if a deal was possible, he said: “I hope so. They seem competent people.”