After a nail-biting few months, F1 boss Bernie Ecclestone and Angelo Sticchi Damiani, president of the Automobile Club d'Italia, have finally announced that they have reached a deal to keep the Italy F1 Grand Prix in Monza.
The prestigious Italian Grand Prix at Monza Park is the oldest race in the F1 calendar, having been held for the first time in 1921. It is also one of the few races that took part in the inaugural F1 Championship in 1950 and still remains in the calendar, together with the British, Monaco and Belgian Gran Prix.
The 3-year deal is worth about €68 million. It is such a relief knowing that Monza will not lose its spot in F1 history after 70 years being at the very centre of it. We will just have to wait until September to see who takes the prize in 2017.