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New F1 deal sees Monza's annual fee increase
Nov.28 Like Monaco, another iconic and traditional Formula 1 venue, Monza, will have to pay more to safeguard its medium-term future on the calendar. When Monaco's new race deal through 2031 was unveiled recently, authoritative sources reported that the agreement includes a doubled annual race fee. It is believed Monaco agreed to the much higher race fee out of concern the prestigious street race could have to be part of the expected race rotation scheme that is tipped to shortly be unveiled by F1 owner Liberty Media. And now, with venues like Barcelona, Zandvoort and Spa-Francorchamps still at risk of the race-date rotation scheme, F1 has announced a new Monaco-like annual race contract...
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