Monza will continue to host the Italian Grand Prix until 2024 at least, having signed a new deal with Liberty Media.
The race’s future was in jeopardy as Formula 1 raced towards the 90th edition of the Italian GP without a deal in place for 2020.
That, though, has now been resolved.
Chase Carey, Chairman and CEO said: “We are really pleased to have reached an agreement with the ACI which ensures the Italian Grand Prix will remain on the FIA Formula 1 World Championship calendar until at least 2024.
“This is one of four Grands Prix that were part of the 1950 championship and still features in the calendar and along with the British Grand Prix, it is the only one to have been held every year since then.
“History, speed and passion are words that motorsport fans associate with Monza. The feeling one gets at this Grand Prix is truly unique, as is the circuit’s distinctive podium.
“I would like to thank the ACI, especially its President, Angelo Sticchi Damiani for its efforts and this five year deal means that another part of the jigsaw for the Formula 1 of the future, is now in place.
“The championship features many historic venues such as Monza and also new countries in which the already vast fan-base of our sport can grow.
“For now, we can look forward to what is bound to be another great race this weekend, as we prepare for the Gran Premio Heineken D’Italian 2020 and in the years to come.”
The Autodromo di Monza has hosted 68 Formula 1 World Championship races.