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Monza edging closer to new Formula 1 deal
The Italian Grand Prix has been given renewed hope it can remain on the Formula 1 calendar following reports a breakthrough new deal could be struck next month. The future of the famous Monza race from 2017 onwards had been under threat with event promoters unable to strike an agreement with F1 boss Bernie Ecclestone. However, the race has been handed a lifeline following new legislature passed by Italy’s senate budget committee, which will allow the Lombardy region, where Monza is located, to invest in the event. As a result, Governor of the Lombardy region Roberto Maroni is hopeful a deal can be made to safeguard the event’s future by September. 'With a tax-free investment we can...
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