The home of the Autodromo Internazionale Enzo e Dino Ferrari returned to the F1 schedule in 2020 when it helped the series as it managed to put on a full calendar during the COVID-19 pandemic.
The track, which hosted the Italian Grand Prix in 1980 and the San Marino GP from 1981 to 2006, proved a popular hit with fans and drivers for its old school vibe.
Having retained its spot on the schedule since then under the guise of the Emilia Romagna Grand Prix, the venue has now signed a three-year contract extension that will ensure it stays on the calendar until at least 2025.
It is understood that the new contract is worth around $25 million per season, but the fee can be adjusted downwards to not exceed $10m if race organisers are forced to hold the event behind closed doors because of COVID-19.
Angelo Sticchi Damiani, president of the Automobile Club of Italy, said: “I am very satisfied with the agreement reached with Liberty Media. It was a complicated contract, because it was…
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