Site logo

Ecclestone gives Monza final deadline

NEWS STORY
12/02/2016

Despite claims that the Italian Grand Prix at Monza was safe, Bernie Ecclestone claims this is not so, admitting that he is running out of patience whilst the legendary circuit runs out of time.

In December, the Italian Senate amended the nation's Stability Law which would allow the Automobile Club d'Italia (ACI) to use its public profits, including those from public vehicle registration, to assist with paying the ever increasing hosting fees. Previously, the Automobile Club of Milan was only allowed to use the money from ticket sales.

The move was intended to give the ACI add a further $12.5m to the $6.5m the Automobile Club of Milan had on offer.

"The agreement with Bernie is essentially already been found, the race is saved," ACI president Sticchi Damiani told Gazzetta dello Sport, "we just have to focus on a few details, including the duration of the contract."

Damiani, said he hoped the new contract, which could be for between four to seven years, would be signed by the end of next month.

It hasn't.

"It's Italian," Ecclestone told Reuters. "A lot of conversations at the moment but not much action.

"They said to me a few months ago 'everything is sorted out, we know exactly where we are and it's all agreed and no dramas'," he added. "And now I heard yesterday it's become very political. They'll get on with it. Or not. Nothing we can do about it."

Sources claim that there are "internal matter at SIAS", the Societa Incremento Automobilismo e Sport, which operates the track, thought to relate to concerns over funding for improvements to the track.

At a time when Mugello and Imola are both being considered as replacements for Monza as host of the Italian Grand Prix, Ecclestone displayed his usual keen wit when asked if there is a deadline.

"There's no deadline," he promised. "They can take as long as they like, provided it's by the end of this month."

LATEST NEWS

more news >

RELATED ARTICLES

LATEST IMAGES

galleries >

  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images
  • Pitpass.com latest F1/Formula 1 images

POST A COMMENT

or Register for a Pitpass ID to have your say

Please note that all posts are reactively moderated and must adhere to the site's posting rules and etiquette.

Post your comment

READERS COMMENTS

 

1. Posted by petes, 19/02/2016 1:46

"To be fair the little man will only be saying what Donald tells him he may say."

Rating: Neutral (0)     Rate comment: Positive | NegativeReport this comment

2. Posted by Spindoctor, 15/02/2016 16:15 (moderated by an Adminstrator, 15/02/2016 17:50)

""...Ecclestone displayed his usual keen wit..." Ha! I rather suspect that gem will be wasted on the little man."

Rating: Neutral (0)     Rate comment: Positive | NegativeReport this comment

3. Posted by Marshall, 15/02/2016 15:29 (moderated by an Adminstrator, 15/02/2016 17:50)

"wow. just wow.
why would monza have to pay all those millions to host the grand prix in the first place?
ecclestone needs to go.
"

Rating: Positive (1)     Rate comment: Positive | NegativeReport this comment

Share this page

X

Copyright © Pitpass 2002 - 2024. All rights reserved.

about us  |  advertise  |  contact  |  privacy & security  |  rss  |  terms