user icon
user icon

Monza is €60 million short for urgent renovations

  • Published on 13 Apr 2019 04:42
  • comments 0
  • By: Richard Fletcher

The iconic Autodromo Nazionale Monza circuit is €60 million short of its proposed €100 million renovations ahead of its centenary in 2022. The circuit has called on the Italian government for assistance.

The 5.793km track was the third ever race circuit to be built after Brooklands and Indianapolis and has hosted the Formula 1 Italian Grand Prix every year since the start of the series with the exception of 1980. 

Last year, the president of the Automobile Club d'Italia Angelo Sticchi Damiani revealed an ambitious overhaul of the circuit for its centenary including removal of one of its chicanes. 

Monza is one of five races on the 2019 F1 calendar that is in the final year of its contract and may not be renewed. Monza is fortunate to receive some assistance from the Italian government as The British and Brazilian events have to be entirely self-funded. 

Damiani described the situation by saying: "It is an old track, close to reaching 100 years and the right way to arrive at this date is to have the circuit up to its historic standard."

"If some help could arrive from the Italian government for the circuit, it would be decisive in order to do everything we want to do."

Damiani acknowledges the idea that the previous contracts have set an impossible standard and is currently mid-negotiation with Liberty Media to ensure the Italian Grand Prix remains at the iconic circuit. 

"There is a very tight, complicated and difficult negotiation with Liberty Media, which has inherited too many costly and unsustainable contracts. But this is about the organisational aspect. I believe that the agreement that we hope will be concluded and materialises is extraordinarily important for the work we need to do."

Replies (0)

Login to reply

AT Grand Prix of Austria

Local time 

  • Friday weather-image

    Saturday weather-image

    Sunday weather-image

  • Free practice 1

    11:00 - 12:30

    Free practice 3

    12:00 - 13:00

    Race

    15:10 - 17:10

  • Free practice 2

    15:00 - 16:30

    Qualifying

    15:00 - 16:00

    Fastest lap

     

AT Grand Prix of Austria

Local time 

  • Fridayweather-image

  • Free practice 1

    11:00 - 12:30

    Free practice 2

    15:00 - 16:30

  • Saturdayweather-image

  • Free practice 3

    12:00 - 13:00

    Qualifying

    15:00 - 16:00

  • Sunday weather-image

  • Race

    15:10 - 17:10

    Fastest lap

    15:10 - 17:10

Related news

Test calendar

Circuit de Catalunya - Winter testing

Circuit de Catalunya - Winter testing

See full test schedule

Give your opinion!

Where will Sebastian Vettel be in 2021?

World Championship standings 2019

Show full world champion standings

Formula 1 Calendar - 2020

Date
Grand Prix
Circuit
-
Spain
-
Spain
13 - Mar 15
Australia
20 - Mar 22
Bahrain
3 - Apr 5
Viet Nam
17 - Apr 19
China
1 - May 3
Netherlands
8 - May 10
Spain
21 - May 24
Monaco
5 - Jun 7
Azerbaijan
12 - Jun 14
Canada
26 - Jun 28
France
3 - Jul 5
Austria
17 - Jul 19
United Kingdom
31 - Aug 2
Hungary
28 - Aug 30
Belgium
4 - Sep 6
Italy
18 - Sep 20
Singapore
25 - Sep 27
Russian
9 - Oct 11
Japan
23 - Oct 25
United States of America
30 - Nov 1
Mexico
13 - Nov 15
Brazil
27 - Nov 29
United Arab Emirates
See full schedule

Formula 1 Calendar - 2020

Date
Grand Prix & Circuit
13 - Mar 15
Australia Albert Park
20 - Mar 22
3 - Apr 5
Viet Nam Hanoi Circuit
17 - Apr 19
1 - May 3
Netherlands Circuit Zandvoort
8 - May 10
21 - May 24
Monaco Monte Carlo
5 - Jun 7
Azerbaijan Baku City Circuit
12 - Jun 14
26 - Jun 28
France Paul Ricard
3 - Jul 5
Austria Red Bull Ring
17 - Jul 19
United Kingdom Silverstone
31 - Aug 2
Hungary Hungaroring
28 - Aug 30
4 - Sep 6
Italy Monza
18 - Sep 20
25 - Sep 27
Russian Sochi Autodrom
9 - Oct 11
23 - Oct 25
United States of America Circuit of the Americas
30 - Nov 1
13 - Nov 15
Brazil Interlagos
27 - Nov 29
United Arab Emirates Yas Marina Circuit
See full schedule
show sidebar