One of the most historic Grand Prix venues looked to be under threat in recent times - however it has been announced that Monza have 'agreed in principle' a new five-year extention to their hosting of F1 racing.
Having been one of the most popular and important Grand Prix since the beginning of modern Formula One racing in 1950, the future of the Italian Grand Prix at Monza appears to have been secured for a further five years thanks to what the Automobile Club of Italy (ACI) have announced as an 'agreement in principle' with the Formula One group.
Having hosted more Formula One Grand Prix than any other circuit in the history of the sport, and with the honour of being known as the spiritual home of Ferrari and the passionate Tifosi, an agreement to continue racing at the Monza circuit is good news for both the sport and its fans.
The new deal is set to begin in 2020, and will run for five years until the conclusion of the 2024 racing season.
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