P1racenews AI automatic summary:
Formula 1 CEO Stefano Domenicali has warned that the sport must “move with the times” amid Monza’s future on the
The Temple of Speed, also known as Monza, is a highly respected and iconic venue on the Formula 1 calendar. It has hosted nearly every Italian Grand Prix except for one. Due to the COVID-19 pandemic, in 2020 two additional races were held in Italy at Mugello and Imola. Mugello did not return in 2021, but Imola replaced the cancelled Chinese Grand Prix and secured a three-year deal starting in 2022. Talks are ongoing with both circuits for a five-year extension, but Monza requires necessary renovations before committing to hosting two events. The President of the Italian Automobile Club, Angelo Sticchi Damiani, has emphasized the importance of investing in Formula 1 as an entertainment and business platform for the country.
