After a delay in contract negotiations, the Italian Grand Prix at Monza has officially been confirmed for the next three seasons.
Earlier in the year at the Italian Grand Prix, Bernie Ecclestone revealed that a deal was agreed with Monza but there was still no official confirmation.
However, with Monza was confirmed during a meeting at the World Motor Sport Council discussing the 2017 race calendar, Formula 1 is set to receive €22m in 2017 and 2018 and €24m in 2019, according to the BBC.
The fast-paced track has been a prominent circuit on the Formula 1 calendar, featuring in every season since 1980.
With Monza’s future in Formula 1 confirmed, there are still doubts as to whether the German Grand Prix will be a destination in 2017.
Hooray – Italian Grand Prix future secured https://t.co/1cAWZm9P8L
— Andrew Benson (@andrewbensonf1) November 29, 2016