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Ecclestone, Italian officials reach deal to keep GP in Monza
Formula One boss Bernie Ecclestone and the Italian Automobile Club have reached an agreement to keep the Italian Grand Prix in Monza for the next three years. While the deal hasn't been officially signed yet, Ecclestone says it's a matter only of 'small details' at this point. He adds, 'The contract is only for three years but I hope we will be here for another 100.' The deal is reportedly worth €68 million ($76 million), slightly less than the €25 million ($28 million) per year Ecclestone requested. No circuit has hosted more F1 racing than Monza, which was on the inaugural 1950 calendar and dropped off only in 1980 when Imola hosted the Italian GP.
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