Imola is battling to remain on the F1 calendar as Europe faces a potential reduction in races.
Italy will attempt to resist the gradual shift of Formula 1 away from Europe, as Imola seeks a new agreement with the sport’s owner, Liberty Media.
During an investor conference this week, Liberty CEO Greg Maffei acknowledged that limiting the calendar to 24 Grands Prix for now has created a “demand exceeding supply” which is driving up bids, with significant additional interest from potential new hosts.
Imola returned to the F1 calendar during the Covid era, and the circuit—which is set to host the next round of the world championship—now has a contract only until 2025.
“There are obviously discussions to be had with Formula 1,” said Angelo Sticchi Damiani, president of the ACI, the Automobile Club of Italy, the race promoter.
“The situation is obviously complex, but the first small step forward would be to reschedule the 2023 race for 2026,” he added, referring to the fact that last year’s race at Imola had to be canceled due to flooding.
“Then, much depends on what happens in Europe over the next two or three years. There are ongoing changes, new candidates, some at risk.”
“The picture is not just national; it is international and especially European. It is clear that when they talk about removing Grands Prix from Europe, we naturally think of the countries that have two.”
Indeed, F1 currently races twice in Italy each year, including at Monza. But Sticchi Damiani asserts that Imola is determined to “resist.”
“Stefano Domenicali knows how available we were during the Covid tsunami in helping to ensure races for F1 were held. When needed, we were there.”
“On the other hand, we must try to be competitive both in terms of our offer and our hospitality.”
Imola Fights to Keep F1 Amid European Race Cuts. Imola Fights to Keep F1 Amid European Race Cuts
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