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Monza still in talks with Ecclestone over Italian GP fee
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Monza chiefs are still negotiating with F1 commercial rights boss Bernie Ecclestone about the Italian F1 Grand Prix hosting fee, per multiple reports. Monza’s contract with FOM runs until 2016 and the iconic venue had been facing an uncertain future until a new legislation has allowed increased funding for the race. As a result, Angelo Sticchi Damiani, the head of the Italian Automobile Club (ACI), recently claimed that Monza was on the verge of signing a new seven-year contract with Ecclestone. However, Italian publication Autosprint reports that the F1 supremo is demanding a $28m (£20m) annual fee – similar to what Austria is paying – when the organisers...
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