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Italian Grand Prix at Monza "saved"

NEWS STORY
27/12/2015

The law change that will help ensure the Italian Grand Prix remains at Monza has been passed by the country’s government.

As previously reported, the race was under serious threat as the promoters, the Automobile Club of Milan, were struggling to meet the ever increasing hosting fees.

However, the Italian Senate has now officially amended the nation's Stability Law which will allow the Automobile Club d'Italia (ACI) to use its public profits, including those from public vehicle registration, to assist with the required funding.

Previously, the Automobile Club of Milan was only allowed to use the money from ticket sales.

The move should see the ACI add a further $12.5m to the $6.5m the Automobile Club of Milan has on offer.

The legendary circuit's current contract expires next year, but ACI president Sticchi Damiani is confident the move will guarantee the future of the race at the historic track.

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

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

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1. Posted by geek49203, 31/12/2015 18:49

"So yet more tax money -- taken from taxpayers under the force of the power of government, at the end of guns, under threat of violence and financial ruin -- to pay for a sport run by billionaires with its stars (either by the sport's income or by being a member of the lucky sperm club) millionaires.

Don't get me wrong -- I love sports, especially motor sports. And I applaud governments doing roads to venues and such. But for a government to pay for the thing is morally wrong. "

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2. Posted by Marshall, 28/12/2015 20:07

"hate em all equally. great. that was the problem over at that other place. no equality, no fairness, biased moderation and because of all this just a hand full of regulars contributing. amazing they managed to sell some ad space to mercedes. im pretty sure merc never checked where they were advertising.

and i agree with mickl. bad precedent."

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3. Posted by mickl, 28/12/2015 1:01

"Great, now Bernie will expect all governments to chip in to 'save' their national grand prix.

Sets a bad precedent."

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4. Posted by RDFox, 27/12/2015 22:34

"Marshall, you will find that Pitpass is definitely a much more mature and intelligent site than your previous one. After all, here, we hate all drivers equally. ;D"

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5. Posted by Marshall, 27/12/2015 16:45

"The Italian Grand Prix is an absolute classic and would have disappeared if the Italian government had not intervened. Ever rising hosting fees. F1 should have to pay the circuit for using it for their race. The greed of the people running this sport is destroying F1. That and the ridiculous rules and engine format.

I am new here by the way, but not new to F1. I think it has been more than 15 years since I didn't watch a race live. I am a refugee from another site, where people are only allowed to worship Vettel and hate Hamilton. I hope Pitpass is an environment more suitable for grown ups."

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