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  • Thursday, 28 November 2024
Crowds of people walking the across the start-finish straight following the 2022 Monza Grand Prix.

Monza Secures Italian Grand Prix Until 2031

Formula 1 has announced that the iconic Italian Grand Prix at Monza will remain on the F1 calendar until at least 2031, following a new six-year extension to its current deal, which was set to end in 2025. This decision solidifies the future of the historic circuit, known as "The Temple of Speed," as one of F1’s most celebrated venues.

 

Monza, the oldest track on the calendar, has hosted every Italian Grand Prix since the World Championship began in 1950, apart from in 1980 when it underwent renovations. Recent upgrades to the circuit, including resurfacing and improved underpasses, were key in securing the extension. 

 

Despite the challenges of competing with newer circuits, Monza’s commitment to modernization and its deep ties to Formula 1 history have ensured its place on the calendar. As Damiani noted, “Monza is the oldest racetrack in the world to host a race of the World Championship. But we must stay ahead of the standards required by modern Formula 1.”

 

Angelo Sticchi Damiani, President of the Automobile Club d’Italia (ACI), acknowledged the importance of modernization. “We are all aware that history is no longer enough,” he said. Plans for further upgrades to hospitality facilities are already in motion for 2025.

 

Monza’s legacy is unmatched in Formula 1. The circuit, built in 1922, has been the site of countless iconic moments, including the fastest lap in F1 history by Lewis Hamilton in 2020 when he took the pole position for the 2020 Italian Grand Prix with a qualifying time of 1m 18.887s and an average speed of 264.362 km/h. It is also a home race for Ferrari, the team with the most wins at the track, including Charles Leclerc’s triumph in 2024.

 

The decision to extend Monza’s deal comes as Formula 1 faces increasing pressure to balance its historic European tracks with new, modern venues in the Middle East, North America, and potentially Africa. While Monza’s future is secure, uncertainty looms over Italy’s other race in Imola, whose contract expires in 2026.

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