Formula 1 News: Ecclestone Says Ferrari Home Grand Prix Is Unnecessary, Considers Vegas Instead
If it were up to Formula 1 boss Bernie Ecclestone, it seems the Monza track can just disappear from the motorsport’s calendar and be replaced by a new grand prix in Las Vegas just as easily.Advertisement
Recently Ecclestone admitted that this may be the last year that the Monza track will be featured in the Formula 1 calendar. The same can be said for the Formula 1 Gran Premio D’italia race for that matter. This is because the circuit’s contract is only up till the end of this year. After that, there is nothing but uncertainty for the moment. “Monza has got a contract for this year so it is going to go ahead. Next year is the question mark,” Ecclestone admitted.
The revelation comes just as Ecclestone also hinted that the company tasked him to run Formula 1 may also be selling its stake in the sport soon. If things go according to plan, the motorsport’s private equity owner CVC Capitol Partners may just decide to sell their 35 percent stake in Formula 1 to the right buyer soon. And what they need from the potential buyer is quite simple: an asking price of roughly £6 billion or $8.5 billion. Not only that, a report from ROT also revealed that Ecclestone hinted last year that he might just include his own five percent stake in the sale should a deal with a buyer be made.
As Formula 1 awaits to have a potential new owner and Ecclestone keeps mum about how long he plans to continue running the sport for, it seems the Formula 1 boss is not at all hesitant to discuss a possible future racing circuit in the sport. Moreover, it also seems that Ecclestone is done with Monza.
“I don’t think we have to have an Italian Grand Prix. Somebody once told me a funny thing that you couldn’t have Formula 1 without a race in France. But we do,” Ecclestone explained to This is Money. Meanwhile, he also revealed to Sky Sports that organizers of a possible grand prix in Las Vegas actually “have a contract.” At the same time, the Formula 1 boss remarked that “Vegas would be super.”
Regardless of the upcoming possible changes, it seems what can be expected from Formula 1 is for the sport to keep the number of races to 21. Ecclestone says, “It could go more, but I don’t think it will. It’s enough. Some of the guys at the teams are shattered.”