Connect with us

F1 top news

Monza finally secure new deal for Italian GP future

Published

on

Monza finally secure new deal for Italian GP future

Monza finally secure new deal for Italian GP future

Monza officials may finally have shaken hands with Bernie Ecclestone on a new deal to secure the future of the Italian grand prix.

The negotiations have been public, fraught and protracted but Italian automobile club chief Angelo Sticchi Damiani agreed terms last weekend in Monaco, according to Sky Italia.

“After the drafting of the contracts, the announcement regarding the years 2017-2020 will be made,” the report added.

Sky said the latest meeting in Monaco, also attended by Ecclestone’s long-time friend and business partner Flavio Briatore, resulted in a deal regarding the until-now disputed financial value of the new contract beyond 2016.

The report continued: “Ecclestone has always said that his handshake is worth more than a written contract. Now the formal part will follow and, if everything goes well, Monza will announce the renewal shortly.”

Loading...

Continue Reading
Advertisement
Click to comment

Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment. All Rights Reserved © 2017 Prime Sport Media