F1 News: Imola signs agreement with F1 for hosting the venue of the Italian Grand Prix

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F1 News: Imola signs agreement with F1 for hosting the venue of the Italian Grand Prix

The Imola management has signed an agreement with F1 Group CEO Bernie Ecclestone to host the Italian Grand Prix from 2017, but the plans can only go ahead if the country’s national sporting authority Automobile Club d’Italia (ACI) gives its approval.

The future of the race in Monza has been uncertain for months, with Monza’s current contract to host the Italian Grand Prix expiring after this year’s edition of the race and the ACI takes over the management of the race starting from 2017. Negotiations between ACI president Angelo Sticchi Damiani and F1 CEO Bernie Ecclestone for the Monza venue have so far proved fruitless, leading Ecclestone to propose Imola as a viable alternative venue for the race.

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Reports said that Imola is focusing more on improving its facilities in order to be a viable alternative venue for F1 races. Unfortunately, F1 Group CEO Bernie Ecclestone can’t proceed with the Imola venue without the approval from ACI.

“Bernie knows that we are available,” Formula Imola president Uberto Selvatico Estense said in a statement, via the Motorsport.com. “And he sent us a proposal that we signed and sent back to him. We will be very happy to have F1 back in Imola. Our main effort is to achieve this kind of result.

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Imola is said to be keen on hosting the Italian Grand Prix and has announced that it has the backing of the regional government for the race venue.

Imola, as it is colloquially known, is one of the few major F1 international circuits to run in an anti-clockwise direction. Imola is most noted as the home of the Autodromo Enzo e Dino Ferrari and venue for the Formula One San Marino Grand Prix.

Imola last hosted a Grand Prix in 2006 but has since undergone major redevelopment work.

Picture Courtesy: Restu20/Wikimedia Commons