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NOVEMBER 29, 2016

Monza finally signs new GP contract

Monza and Bernie Ecclestone have finally signed on the dotted line of their race contract extension.

After a long-running saga, the 2017-2019 deal was actually agreed in September but actual signatures on the documents were missing until now.

But Monza's official Twitter account announced on Tuesday that the deal is now "signed".

"The Italian GP remains at Monza for the next few years," it declared.

And Italian media reports quoted Italian Olympic chief Giovanni Malago as saying: "I am really happy with this great result.

"Without the careful and stubborn work of (Italian automobile club) president Angelo Sticchi Damiani, Italy would have lost its grand prix," he added.