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Breaking: Italian Grand Prix secure five-year contract

Breaking: Italian Grand Prix secure five-year contract

04-09-2019 18:17 Last update: 23:10

Tom Mason

The Italian Grand Prix has secured a new five-year contract. Formula 1 confirmed the 22-race calendar last week, with the Monza track only on there provisionally as they waited for a new deal to be "finalised".

This all means that the circuit at Monza will remain on the grid until 2024 with the grid heading there this weekend in the second race following the summer break.

The news was announced at an event celebrating 90 years of Scuderia Ferrari, whose home circuit is at Monza.

The Italian Grand Prix in 2019 will take place on the 8th of September, with Ferrari aiming to win their second successive race of the season.

“We are really pleased to have reached an agreement with the ACI which ensures the Italian Grand Prix will remain on the FIA Formula 1 world championship calendar until at least 2024,” said F1 chairman and CEO Chase Carey.

“This is one of four grands prix that were part of the 1950 championship and still features in the calendar and along with the British Grand Prix, it is the only one to have been held every year since then. History, speed and passion are words that motorsport fans associate with Monza. The feeling one gets at this Grand Prix is truly unique, as is the circuit’s distinctive podium.

“I would like to thank the ACI [Automobile Club of Italy], especially its President, Angelo Sticchi Damiani for its efforts and this five year deal means that another part of the jigsaw for the Formula 1 of the future, is now in place.”