[F1]Politics threaten to wipe Monza off F1 Calendar

n7thGear™
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[F1]Politics threaten to wipe Monza off F1 Calendar Mar 5, 2015 9:33:18 GMT -6

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Post by n7thGear™ on Mar 5, 2015 9:33:18 GMT -6

Politics threaten to wipe Monza off F1 Calendar

Its apparent that the Autodromo Nazionale Monza is in severe economic difficulties, and a significantly-required bailout from the regional government is needed.

As it stands, Autodromo Nazionale Monza is owned by municipal governments from Monza and Milan. Those two governments have been unable to keep the track financially afloat. In a bid to save the circuit, the Lombardy Region’s government proposed a 20 million euro investment plan for Monza.

A key element of that plan was that the large investment be exempt from local taxes. However, the proposal has been blocked by the nationwide Italian senate. The Italian government amended the “legge di stabilita,” which translates to “stability law.” What this means is that not only is the future of the Monza racetrack under threat, but the Italian Grand Prix itself is also in danger. The amendment disallows a tax exemption for the track worth 20 million Euros, which unless it is changed could go a long way towards the track’s eventual extinction.

As it stands, the Monza circuit is contracted for Formula One through to the end of the 2016 season. If funds cannot be found for the circuit before that time, there’s certainly a possibility that the Italian Grand Prix will have to be moved from Monza to another track or scrapped altogether.

There are other circuits in Italy which could host a modern Formula One race. Circuits like Mugello, Misano and Vallelunga, the Autodromo Enzo e Dino Ferrari at Imola (which has hosted 27 F1 races) There were also proposals fielded 5 or so many years in the past to hold an F1 race on the streets of Rome, a concept whose time might just come at Monza’s cost.

motorsport news politics threatens monza f1

motorsport news politics threatens monza f1

Villoresi, Ascari at Monza

Monza, is arguably Italys premier racing circuit, and 1 of the quickest on the Formula A single calendar. Found just north of Milan, the circuit 1st opened way back in 1922, when it hosted the second Italian Grand Prix. It is been property to the F1 race every since 1949 (with the exception of the 1980 championship when it was held at Imola) and so its very close to its 100th year birthday. It has hosted many other racing series more than its numerous decades in operation. It has also tragically claimed the lives of several drivers and riders above the many years, most notable among them Alberto Ascari, Count Wolfgang von Trips, Jochen Rindt and Ronnie Peterson.

motorsport news+politics threaten f1 monza+n7thGear

One Italian politician, Fabrizio Sala, said, “The stability law penalizes Monza and its Autodrome, putting at risk the future of the Formula One Grand Prix.”

Former F1 driver Ivan Capelli, who became a director of the Automobile Club of Milan earlier this year, said an effort is underway to save the facility.

“Our commitment to find the resources needed is clear,” he said emphatically.

“We did not ask for a cent, only that they would ratify something bureaucratic,” he said. “It is intolerable that the government is against the Italian grand prix.” Circuit operator Sias’ chief Andrea dell’Orto agreed:
“It is a very serious matter, particularly as it was an amendment without cost.

“So now I will ask directly for a meeting with (Italian prime minister Matteo) Renzi,” he is quoted by Milan’s Il Giorno.

Last Edit: Mar 5, 2015 9:35:07 GMT -6 by n7thGear™

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[F1]Politics threaten to wipe Monza off F1 Calendar Mar 6, 2015 14:57:24 GMT -6

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Post by Stigman on Mar 6, 2015 14:57:24 GMT -6

Monza will only ever be dropped if they find an alternative venue in Italy. Much talk is still going on of doing a Rome street race. I think everyone involved knows Ferrari would leave F1 if they took away their only race.

Of course the other option is to simply get the money needed from Ferrari.

The rarely talked about reality is that the race fees applied by the FOM are intended to bankrupt the promoter unless the race has government subsidies. There is nothing left for improvements or giving anything back to the local community. you should be ashamed, Bernie.

Last Edit: Mar 6, 2015 16:44:45 GMT -6 by Stigman

Lets see more of that Ricciardo smile!

n7thGear™ N7thGear n7thGear Heart broken over loss of my kitty Posts: 1,397 SIM Racing Titles you are playing in: Real Racing 3, Forza 5, Horizon 2, Project Cars, Grand Theft Auto 5, Formula 1 2014, Gran Turismo, Other RACE NUMBER:: 7 Favorite Racing Simulator or Game: So Far it is Forza 5 , Horizon 2 , F1 2014 & DTM Experience 2014 Do you enjoy Motorsport News?: Yes	[F1]Politics threaten to wipe Monza off F1 Calendar Mar 6, 2015 20:54:33 GMT -6 via Tapatalk Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by n7thGear™ on Mar 6, 2015 20:54:33 GMT -6 This is a test using tapatalk on ipad Blah blah blah Today Blah blah blah Attachments:
	n7thGear™ "Like drivers in an endurance race, n7thGear goes for that extra mile"™ Audi Sport Team Joest FTW TWITCH TV "Racing is my life! Anything that happens before or after is just waitng! Well in between, life is not too bad either so here I am sharing it with you!" ~Andre Lotterer #JB17 #keepfightingmichael

n7thGear™ N7thGear n7thGear Heart broken over loss of my kitty Posts: 1,397 SIM Racing Titles you are playing in: Real Racing 3, Forza 5, Horizon 2, Project Cars, Grand Theft Auto 5, Formula 1 2014, Gran Turismo, Other RACE NUMBER:: 7 Favorite Racing Simulator or Game: So Far it is Forza 5 , Horizon 2 , F1 2014 & DTM Experience 2014 Do you enjoy Motorsport News?: Yes	[F1]Politics threaten to wipe Monza off F1 Calendar Mar 6, 2015 20:55:49 GMT -6 via Tapatalk n7thGear™ likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by n7thGear™ on Mar 6, 2015 20:55:49 GMT -6 Sorry hahaha I edit this again
	n7thGear™ "Like drivers in an endurance race, n7thGear goes for that extra mile"™ Audi Sport Team Joest FTW TWITCH TV "Racing is my life! Anything that happens before or after is just waitng! Well in between, life is not too bad either so here I am sharing it with you!" ~Andre Lotterer #JB17 #keepfightingmichael

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[F1]Politics threaten to wipe Monza off F1 Calendar Mar 6, 2015 21:11:24 GMT -6

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Post by Stig's US Cuz'n on Mar 6, 2015 21:11:24 GMT -6

Rest easy racers! Stand down! Nothing to see here! These things happen when Pip gets excited about a new piece of editing software.
Return to your duties
these are not the posts you are looking for
now move along

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n7thGear™ N7thGear n7thGear Heart broken over loss of my kitty Posts: 1,397 SIM Racing Titles you are playing in: Real Racing 3, Forza 5, Horizon 2, Project Cars, Grand Theft Auto 5, Formula 1 2014, Gran Turismo, Other RACE NUMBER:: 7 Favorite Racing Simulator or Game: So Far it is Forza 5 , Horizon 2 , F1 2014 & DTM Experience 2014 Do you enjoy Motorsport News?: Yes	[F1]Politics threaten to wipe Monza off F1 Calendar Mar 6, 2015 21:16:25 GMT -6 via Tapatalk Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by n7thGear™ on Mar 6, 2015 21:16:25 GMT -6 Hahhaa this is cute Another test
	n7thGear™ "Like drivers in an endurance race, n7thGear goes for that extra mile"™ Audi Sport Team Joest FTW TWITCH TV "Racing is my life! Anything that happens before or after is just waitng! Well in between, life is not too bad either so here I am sharing it with you!" ~Andre Lotterer #JB17 #keepfightingmichael

Stigman LMP 1 (Veteran) Posts: 73 SIM Racing Titles you are playing in: Real Racing 3	[F1]Politics threaten to wipe Monza off F1 Calendar Mar 7, 2015 4:29:03 GMT -6 via mobile Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Stigman on Mar 7, 2015 4:29:03 GMT -6 Mar 6, 2015 20:55:49 GMT -6 n7thGear™ said: Sorry hahaha I edit this again LOL , fantastic....hadn't seen that one before.
	Lets see more of that Ricciardo smile!

title

Post by n7thGear™ on Mar 5, 2015 9:33:18 GMT -6

Post by Stigman on Mar 6, 2015 14:57:24 GMT -6

Post by n7thGear™ on Mar 6, 2015 20:54:33 GMT -6

Post by n7thGear™ on Mar 6, 2015 20:55:49 GMT -6

Post by Stig's US Cuz'n on Mar 6, 2015 21:11:24 GMT -6

Post by n7thGear™ on Mar 6, 2015 21:16:25 GMT -6

Post by Stigman on Mar 7, 2015 4:29:03 GMT -6

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