Italian GP set to remain in F1 until 2031 following six-year extension
27th November 2024Formula 1 has confirmed the Italian Grand Prix will remain on the calendar until at least 2031 as part of a six-year extension on their contract.
Feature image credit: Red Bull Content Pool
Thursday evening, Formula 1 confirmed the iconic Italian GP is set to remain on the calendar until 2031, inclusive, as part of a six-year extension to their current agreement which is set to run through 2025.
The iconic circuit, which is dubbed ‘The Temple of Speed,’ has held the grand prix since its debut on the calendar back in 1950. It has featured in the sport since F1’s inception with only a single break in 1980 when the circuit was closed for renovations.
This new deal follows new upgrades to the Italian circuit, the Autodromo Nazionale Monza, ahead of this year’s edition of the race.
On the announcement, Formula 1 President and CEO, Stefano Domenicali said:
“I am delighted that the Italian Grand Prix will remain on the calendar until 2031. Monza is at the very heart of Formula 1 history and the atmosphere each year is unique as the Tifosi gather in huge numbers to cheer on Ferrari and the drivers.
“The recent upgrades to the circuit’s infrastructure and the planned investment show a strong commitment to the long-term future of Formula 1 in Italy, and I want to thank the President of the Automobile Club d’Italia, the Italian Government, and the Lombardy Region for their continued passion and commitment to our sport.
“I also want to pay tribute to our incredible fans across the country who support Formula 1 so passionately.”
BREAKING: Formula 1 to continue to race in Monza until at least 2031 🇮🇹#F1 #ItalianGP pic.twitter.com/iYoKO9jVo8
— Formula 1 (@F1) November 27, 2024
The Temple of Speed lives up to its prestigious name as it holds one of the fastest laps on the current calendar, with drivers opening the throttle for 80% of the lap across the 5.8km circuit. Ferrari-bound Lewis Hamilton holds the fastest-ever F1 average speed on a lap with an average speed of 264.362km/h.
A total of 40 drivers have secured victories at Monza with Daniel Ricciardo being the most recent, back in 2021, ahead of Pierre Gasly’s stunning victory in 2020.
Five of the current grid; Lewis Hamilton, Max Verstappen, Fernando Alonso and Charles Leclerc have secured victories in Monza. The drivers join legendary names such as; Micheal Schumacher, Juan Manuel Fangio, Alain Prost, Niki Lauda and Ayrton Senna, who have all taken victories at the circuit.
“It’s a great honour for us, the Automobile Club of Italy (ACI), to have succeeded in guaranteeing the hosting of six more Italian Grand Prix F1 seasons at the Autodromo Nazionale Monza after 2025,” commented the President of the Automobile Club d’Italia, Angelo Sticchi Damiani.
“We must thank the valuable and decisive contribution of the current President and CEO of Formula 1 Group, Stefano Domenicali, who made this contract extension possible.
“Much as we should, certainly, thank the Italian Government, the Lombardy Region, and all the local institutions that have allowed the Italian Grand Prix to attract, during the last editions, an ever-increasing number of enthusiastic fans.”
Next year’s Italian Grand Prix will take place from September 5 – 7, after the Dutch Grand Prix which follows the annual summer break.
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