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Monza finally agrees new deal to continue hosting Italian Grand Prix
Monza will continue to host the Italian Grand Prix until at least 2019, following the signing of a new contract with Formula 1 bosses. Negotiations for a new deal have lasted for more than a year as organisers struggled to raise the necessary funds, whilst the threat of losing the race to Imola – which had a contract to takeover hosting the race should Monza's deal fall through – added pressure to conclude a new contract as quickly as possible. A provisional 'handshake' deal was agreed back in August, but only now has it been signed off by both parties, with an announcement on the circuit's Twitter confirming the news. 'The renewal of the contract for...
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9y ago from GrandPrixTimes.com
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