Historic Monza Circuit Secures Formula 1 Italian Grand Prix Through 2031

Historic Monza Circuit Secures Formula 1 Italian Grand Prix Through 2031

By Michael Anderson

November 28, 2024 at 04:53 AM

The Italian Grand Prix will continue at Monza until 2031, following a six-year extension to the current contract that was set to expire after 2025. This historic agreement ensures the oldest circuit in Formula 1 maintains its place on the calendar.

Italian flag among Ferrari fans

Italian flag among Ferrari fans

F1 CEO Stefano Domenicali emphasized Monza's significance, citing strong growth in Italy with a broadcast audience of 183.3 million in 2023. The track's passionate fanbase, particularly the Tifosi who support Ferrari, remains central to F1's heritage.

Recent infrastructure upgrades and planned investments demonstrate a strong commitment to modernizing the facility. The Automobile Club d'Italia (ACI), Italian Government, and Lombardy Region have collaborated to secure the venue's future through significant funding and improvements.

Key developments include:

  • Track resurfacing
  • Enhanced underpasses for improved safety
  • Planned improvements to hospitality offerings by 2025

ACI President Angelo Sticchi Damiani acknowledged that while Monza's history is important, the circuit must continue evolving to meet modern F1 standards. This extension follows similar recent agreements for Monaco and Canada, reflecting F1's commitment to preserving its iconic venues while ensuring they meet contemporary requirements.

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