Monza boss says venue can survive without F1

GP MONZA F1/2013

Francesco Ferri, the new director of the Monza race organiser Sias, insists it would survive even without the iconic Italian Grand Prix.

Bernie Ecclestone said last year that the current contractual terms with the fabled Autodromo Nazionale are a disaster, warning that “after 2016, bye-bye”.

It then emerged shortly before Christmas that the new, so-called ‘stability law’ passing through parliament could cost Monza up to about €20 million in tax exemptions. But Ferri, is sure the legendary circuit would survive even without Formula 1.

“2017 will arrive anyway, with or without Bernie Ecclestone,” he is quoted by Corriere della Sera. “If we do not extend the contract that expires next year, we have prepared a plan-B for the maintenance of the circuit, a number of competitions and the development of complementary activities.”

The report said F1 supremo Ecclestone is asking for about €20 million per year for the new race fee.

When asked about those demands, Ferri answered: “We look with great interest to the experience of the sponsor [Red Bull] who revived the Zeltweg circuit in Austria.”