©WRI
With attendance numbers trending lower, the Italian Grand Prix at Monza is no longer an easy sale for race fans, a situation that is now calling into question the very future of the event at the legendary circuit.
Ferrari and Sebastian Vettel's prominent role in this year's world championship battle has apparently failed to boost Italy's interest, putting under financial pressure a venue contracted by F1 to host the Italian GP until 2020.
Angelo Sticchi Damiani, the president of the Automobile Club d'Italia sees only way for Monza to sustain its presence on the F1 calendar beyond next year: a significant reduction by FOM of its franchise fee.
"We closed last year's race with a strong loss, and the 2018 budget will not be different either," he told La Gazzetta dello Sport.
"It is clear that such a situation is not sustainable in the long term. The ACI is ready to do its part, but not under any conditions.
"[Chase] Carey has always told me that an F1 without Monza is unthinkable, and in four years it will celebrate its centenary. We agree on that, but we must also deal in facts."
In the interim, the ACI president is hoping the Scuderia will battle Mercedes for all its worth for the remainder of the 2018 season.
"A year ago Vettel had gone on holiday as the world [championship] leader, now he is in the role of pursuer," said Sticchi Damiani.
"My wish is the exact opposite of what happened a year ago, when from Monza onwards Mercedes took off."
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
On this day in 1975, a somber mood enveloped St Albans Abbey in Hertfordshire as…
As Abu Dhabi prepares to crown a world champion, McLaren has finally cracked the door…
Lando Norris opened the 2025 Abu Dhabi Grand Prix weekend in commanding fashion, topping the…
Full results from Free Practice 1 for the Abu Dhabi Grand Prix at Yas Marina,…
On the eve of Formula 1’s thrilling 2025 title decider in Abu Dhabi, the entire…
As Formula 1 prepares to wave goodbye to its current rule set in Abu Dhabi,…