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Complex problems render Monza F1 future uncertain

A heavy cloud of uncertainty continues to loom over the future of the Italian Grand Prix at the legendary Monza circuit Last year, F1 supremo Bernie Ecclestone warned that because the current contractual terms are 'a disaster', once the deal expires after the 2016 race, formula one will say 'bye-bye' to Monza. Worsening the situation, it then emerged that the new, so-called ‘stability law' passing through parliament could cost Monza up to about  20 million in tax exemptions. Francesco Ferri, the new director of the Monza race organiser Sias, said in the Italian press at the time: '2017 will arrive anyway, with or without Bernie Ecclestone'. But Angelo Sticchi Damiani, the...
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10y ago from GrandPrix247.com 0
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