Italian Senate approves new law on taxation, which seriously jeopardizes the possibility of holding a Grand Prix Formula 1 in Monza. The legendary National circuit, the first race which was held back in the year 1922, is in dire financial straits, and the release investment in it from taxes was hardly the only factor supporting its afloat. If Monza will not be exempted, the historic race will disappear from the F1 calendar already in the year 2017.
Autodromo Nazionale di Monza is located in the northern suburbs of Milan, and is owned by the State, namely the municipalities of Monza and Milan. Of course, modest State budgets at missing out on much needed update 92-year-old circuit and this year Bernie Ecclestone remained highly dissatisfied with the level of spending of the Italian race. Former F1 pilot Ivan Capelli, head of the Milan Automobile Club and is essentially managing routes, found investors willing to invest more than 20 million euro in reconstruction, but the so-called law of stability, oblagaûŝij investment, high taxes makes the program unprofitable.
The contract between Monza and FOM is valid only until the end of the year 2016, and a list of tracks, wanting to catch the Italian Grand Prix, is almost endless: it and the famous Imola, formula 1 27 times, and struggle with technical problems and Misano and Vallelunga. Again stirred and promoters of the urban Grand Prix in Rome, which had already been denied several years ago. But with all the love of novelty and diversity, we still are not ready to abandon the Expressway in the ancient Park of Monza, stunning on the configuration, the atmosphere and the concentration of historical events on the meter of the roadway. Lawmakers not to let Italy go on vicious way losing F1 France!