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Formula 1 extends Italian Grand Prix deal until 2031

F1 continues to expand well in Italy, with a cumulative audience of 183.3 million in 2023 and a 16% increase in social media followers last season.

Formula 1, the pinnacle of motorsports, has agreed to keep the Italian Grand Prix on the schedule until 2031, following a six-year renewal, which begins next year.

Monza, often known as “The Temple of Speed,” was constructed in 1922 and has welcomed a Grand Prix every year since the inaugural World Championship in 1950, with the exception of 1980, when the track was closed for restoration. Located approximately north-east of Milan, one of the world’s cultural and fashion capitals, the 5.8km track has one of the quickest circuits on the Formula 1 calendar, with drivers on the throttle for 80% of the time.

In 2020, Monza witnessed the most rapid F1 lap in terms of average speed, with Lewis Hamilton qualifying for the 2020 Italian Grand Prix in 1m 18.887s and an average speed of 264.362 km/h.

Five current drivers, Fernando Alonso, Lewis Hamilton, Charles Leclerc, Pierre Gasly, and Max Verstappen, have won the Italian Grand Prix, joining a list of legends that includes Alberto Ascari, Juan Manuel Fangio, Sir Stirling Moss, Sir Jackie Stewart, Niki Lauda, Ayrton Senna, and Michael Schumacher.

F1 continues to expand well in Italy, with a cumulative audience of 183.3 million in 2023 and a 16% increase in social media followers last season. The 2025 Italian Grand Prix is scheduled to take place from September 5-7, 2025.

Stefano Domenicali, President and CEO of Formula 1, 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.”

Angelo Sticchi Damiani, President of the Automobile Club d’Italia, said, “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. 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. In particular, I want to emphasize the key contribution of the Italian Government and the Lombardy Region, which have invested resources in this centenarian circuit and funded the works carried out this year.

“As we all know, Monza is the oldest racetrack in the world to host a race of the World Championship, and it is also the longest-running event on the World Championship calendar. We are all aware that history is no longer enough. Following the resurfacing of the track and underpasses to improve the safety on track and for the fans, we are now faced with a new challenge in 2025: improving the quality and quantity of hospitality offerings. With this goal in mind, we are already working to keep ahead of the standards required by modern Formula 1.”

The announcement comes after the Automobile Club of Monaco (ACM) and Formula 1 agreed on an extension deal, guaranteeing the iconic Monaco Grand Prix will continue to be held until 2031.

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