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ACI and Formula 1 reach agreement over 2020-24 Monza deal
The Automobile Club d’Italia has confirmed that it has reached an agreement with Formula 1 over keeping the Italian Grand Prix at Monza through 2024. Monza, located to the north of Milan, first held the Italian Grand Prix in 1922 and has been on the calendar for each Formula 1 season, bar 1980, when the circuit was renovated. Monza’s current contract will expire at the end of the current year, after a short-term deal was agreed with Formula 1 owners Liberty Media’s predecessors back in 2016. The ACI have repeatedly expressed a desire to keep the event at Monza, under improved financial conditions, and on Tuesday confirmed that a “general agreement” between the...
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