News Details

Monza boss says Liberty negotiations 'difficult'

Apr.10 Italian grand prix boss Angelo Sticchi Damiani says he is locked in "complicated and difficult" negotiations with Liberty Media over the future of Monza's F1 race. With the race in doubt beyond 2019 for financial reasons, we reported this week that the Lega political party introduced a bill to parliament pledging EUR 10 million a year in state support to safeguard the "traditional grand prix". But Damiani says Monza needs more. "We have said on several occasions that Monza needs important works and that today the hypothesis is a total amount of about 100 million," he told Agenzia di Stampa Italpress. Monza's current contract expires this year....
Full Story »
Share

You May Also Be Interested In...

Liberty Media looked at Cardiff as an alternative...

It sounds as if Formula 1 racing will continue at Silverstone after the...
6y ago from GPBlog.com

Silverstone and F1 set to agree British Grand Prix deal

Formula 1 owners Liberty Media Corp are nearing an agreement to keep the...
6y ago from GrandPrix247.com

Monza to get government funding boost for F1 race

Monza's hopes of staying on the F1 calendar have received a financial...
6y ago from ThisIsF1.com

Steiner welcomes Liberty's stance on Haas business...

Haas boss Guenther Steiner was happy to hear that Liberty Media intends...
6y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...
17h ago from MotorsportWeek.c...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Solberg sensational in the snow (and slush, and rain)

Oliver Solberg and Elliot Edmondson, making their debut as full-time...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arsenal hold talks to discuss move to sign...

Arsenal are investigating a move for former Manchester City star Julian...
1h ago from SportsKeeda.com

Mikel Arteta tells these Arsenal players 'they have to...

Arsenal manager Mikel Arteta has explained that his bigger squad this...
9h ago from CaughtOffside.com

Carrick's Man Utd aiming to 'prove' themselves as...

Manchester United head coach Michael Carrick is relishing the opportunity...
9h ago from SkySports.com

Arsenal and Man United exploring move for...

Arsenal and Manchester United are reportedly exploring a potential move...
9h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.