Ecclestone: No Certainty Yet on Monza's F1 Future
Bernie Ecclestone says Monza's Formula One contract beyond 2016 remains unresolved, with political and bureaucratic delays clouding the Italian Grand Prix's long-term future.
Bernie Ecclestone has admitted there is still no agreement in place to secure the Italian Grand Prix at Monza beyond the 2016 season. Despite recent reports suggesting some progress had been made in political and bureaucratic negotiations, Formula One’s commercial chief made clear that nothing is guaranteed for the historic circuit after this year.
Speaking at the Sochi Grand Prix, Ecclestone told Italy’s La Gazzetta dello Sport that while the 2016 event is secure, the longer-term future is still in doubt. He attributed the delays to the Italian side, suggesting a resolution may only come at the last minute. Monza has hosted the Italian Grand Prix since 1950, but the circuit’s ability to meet Formula One’s financial and organisational demands has been under scrutiny for several years.
No quick resolution for Monza’s future
Although some Italian officials have indicated progress, Ecclestone’s comments suggest that any optimism may be premature. The Formula One Management boss has previously threatened to move the race if a satisfactory deal cannot be struck, and has explored the possibility of a new promoter for the Italian Grand Prix. Negotiations have dragged on despite Monza’s status as one of the sport’s most iconic venues.
The uncertainty has raised concerns among fans and stakeholders about the future of Formula One in Italy. Monza’s contract situation has been a recurring issue in recent years, with Ecclestone’s public warnings prompting responses from Italian officials and former Ferrari president Luca di Montezemolo. For more on Montezemolo’s take, seeMontezemolo: Ecclestone’s Monza Exit Threats Are Nothing New.