Unthinkable just a decade ago, the disappearance of the German Grand Prix from the 2015 Formula 1 calendar sounded like a thunderclap. Next year, a similar upheaval could occur with the disappearance of the Italian Grand Prix.<\/p>\n
Like the majority of their European counterparts, the owners of the Monza circuit are struggling to cover their costs. Two years ago, the organizers promised a \u20ac20 million investment to renovate aging structures. The promise has not been kept so far. As a result, Bernie Ecclestone, the F1’s chief financial officer, is seriously considering the event’s disappearance starting from 2016.<\/p>\n
“It’s a very simple situation,” summarized the FOM president for the Gazzetta dello Sport<\/i>. “For Monza, we applied the same economic rules as for other European circuits [\u20ac20 million for each race, editor’s note]. Why should they be entitled to special treatment? Formula 1 costs money. The negotiation was concluded, we shook hands, but after this meeting, nothing happened.”<\/p>\n
If the race organizers (who have changed since the agreement was made) do not release the promised 20 million euros, Monza’s contract should not be extended: \u00ab There is a contract for this year, but not for the following years \u00bb, Ecclestone reminds.<\/p>\n
Monza has been on the Formula 1 calendar every year since the championship was created, with the exception of 1980, when the Italian Grand Prix took place at the Imola circuit.<\/p>\n","protected":false},"excerpt":{"rendered":"
The future of the legendary Monza Grand Prix is still uncertain. Bernie Ecclestone is waiting for concrete financial commitments from the organizers to include the event in the 2016 calendar.<\/p>\n","protected":false},"author":49,"featured_media":39624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,1749],"tags":[87,1011],"class_list":["post-13479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-f1","category-news","tag-bernie-ecclestone","tag-monza"],"acf":[],"yoast_head":"\n