Nov 28, 2024, 12:00 AM
Nov 27, 2024, 5:03 PM

F1 commits to Monza with new contract until 2031

Highlights
  • F1 has extended its contract with Monza until 2031, highlighting the circuit's historical significance.
  • The Italian circuit has been a staple of the Grand Prix calendar since 1950, attracting large crowds annually.
  • This agreement showcases a commitment to enhancing Formula 1's presence and infrastructure in Italy.
Story

In a significant development for motorsport in Italy, Formula 1 has secured a long-term commitment with the Autodromo Nazionale Monza, ensuring that the iconic track will remain on the Formula 1 calendar until 2031. The circuit, located just 12 miles north of Milan, has a historic presence in the racing world, having hosted the Italian Grand Prix nearly every year since the championship began in 1950, with the notable exception of one year. Known as the home of Ferrari, Monza attracts a passionate audience of tifosi, particularly when their favorite drivers, such as Charles Leclerc, compete during this prestigious event. F1 CEO Stefano Domenicali expressed his delight at the continued partnership, emphasizing Monza's essential role in Formula 1 history and the unique atmosphere it provides each year as fans gather to support their teams. The recent structural upgrades to the Monza circuit showcased a commitment from the Italian authorities, reflecting strong support for the sport in the country. With approximately 335,000 fans in attendance over the 2024 Grand Prix weekend, the popularity of the event remains robust, solidifying Monza's status as a key venue. The contract extension comes as a critical strategy for Formula 1, particularly amidst the growing interest from other circuits across various countries vying for their chance to host F1 races. Imola, which has rekindled its presence in recent seasons, now faces the possibility of a rotational arrangement as F1 explores introducing a more diverse race calendar. Several iconic tracks, including Zandvoort, Spa, and Barcelona, are being considered for such arrangements, which may further change the dynamics of the sport's global presence. With this new deal, Formula 1 not only reaffirms its relationship with Monza but also reinforces the commitment to enhancing the infrastructure supporting the sport, ensuring its long-term viability in Italy. This partnership signifies a promising future for both F1 and the Monza circuit, as it continues to be a focal point for fans and drivers alike in the years ahead.

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