The eventual fate of the Italian Grand Prix at the noteworthy Monza circuit has been secured for the following three seasons. Monza has marked another agreement until 2019 with Formula 1 worth a sum of 68m Euros (£60.5m). F1 will get €22m in 2017 and 2018 and €24m in 2019, as per a source near the arrangement.
The move closes a time of instability over the eventual fate of Monza, which is the most established race on the timetable. It first held the Italian GP in 1921.
The F1 gathering will likewise get an extra figure – said by sources to be in the locale of €3-4m – to abuse a space outside the back of the enclosure once in the past involved by a gallery and the rights to a portion of the stock shops at the track.
The arrangement is one of the last pieces to become alright before the distribution of the authority 2017 schedule in the not so distant future after a meeting of the world board of governing body the FIA on Wednesday.
There are relied upon to be 20 races next season, one not exactly in 2016 on the grounds that Germany has neglected to concur a business bargain for the race to be held at Hockenheim rather than the monetarily grieved Nurburgring, whose turn it is.
There have additionally been question marks over the Brazilian and Canadian Grands Prix. Montreal mayor reported a week ago that the Canadian race was sheltered however the eventual fate of Interlagos in Sao Paulo stays in uncertainty as an aftereffect of a legally binding question with F1 boss Bernie Ecclestone.
The season is relied upon to take a fundamentally the same as shape to this year, with the opening race in Melbourne, Australia on 26 March.
The cancelation of Germany is probably going to prompt to Hungary being moved back a week, making a challenge of three-weeks between the British Grand Prix on 9 July and the Hungaroring on 30 July. Sources say there might be some rearranging of the end-of-season races since the distribution of the temporary schedule in September, with the races in Singapore, Malaysia, Japan, USA and Mexico returning to the current year’s positions.
