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Home » F1 CEO gives update on Imola and Monza contract renewals and renovation work delay

F1 CEO gives update on Imola and Monza contract renewals and renovation work delay. Stefano Domenicali discussed the renewals of Monza and Imola.

We’re almost entering 2024, but the renovations for the Monza circuit have yet to commence. On paper, the works were supposed to start immediately after this year’s Grand Prix. However, the publication of the tender in July has extended the initially planned timeline. When questioned about the matter, Stefano Domenicali not only provided an update on the state of the works but also discussed the renewals of both Italian circuits.

Monza and Imola Grand Prix: The Current Situation
“The theme is to try to keep up with the times,” declared the CEO of Formula 1, who was a guest on the La Politica nel Pallone show. “Angelo Sticchi Damiani knows it: there is a need to continue investing without only looking at the historical significance of what has been done until now.”

“Italy, Imola in this case, had an extraordinary opportunity during COVID to be ready for an unexpected call. Unfortunately, the tragedy of this year did not allow us to race, and we look forward to returning next year.”

As known, the current contract of the Monza Autodrome with Formula 1 will expire in two years, in 2025. The same theoretically applies to Imola, although, due to the cancellation of this year’s Grand Prix due to the flood in Emilia, the expiration will likely be pushed to 2026.

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“It all depends on our country’s willingness to invest in F1 as a sports, promotional, and business platform because Formula 1 can no longer be managed privately,” added Stefano Domenicali – “All the countries that see us present invest directly to grow these opportunities. Our country must make a precise choice.” – the former Ferrari boss continued.

Monza Autodrome – renovation work delay
“On one hand, we are an extraordinary country; on the other, unfortunately, when it comes to infrastructure, many limitations arise that must be overcome to host Grand Prix in the future. Renewal until 2030? We are negotiating, but we need elements to carry on this negotiation.”

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In recent years, Stefano Domenicali has repeatedly emphasized the concept that the history of the Monza Autodrome is no longer sufficient to secure a slot on the calendar.

Especially in the case of Monza, the circuit requires immediate interventions to hope for a renewal beyond 2025. These include resurfacing the asphalt, constructing and widening underpasses to improve traffic, and building new grandstands and an additional level above the box area dedicated to the VIP Paddock Club.

“ACI is aware, we often talk about it with Sticchi Damiani, but it’s December. The works in Monza were supposed to start right after the Grand Prix; now they should start, hopefully, soon. My push is a constructive one. Internal bureaucracies cannot stop certain projects.”

Source: f1ingenerale

Dec 19, 2023Scuderia Fans
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2 years ago NewsEmilia Romagna GP, Italian GP, Stefano Domenicali138
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