Formula 1 CEO Bernie Ecclestone has given officials at the Autodromo Nazionale Monza until the end of February to resolve the future of the Italian Grand Prix.
Monza has hosted the Italian Grand Prix for all but one year since 1950 when the F1 world championship was formed, establishing itself as one of the series’ most historic and legendary venues.
However, its future has come under increasing scrutiny in recent months following a cut in the amount of tax relief that the race receives by the Italian government.
Ecclestone said back in November that he had “no doubts” the race would remain on the calendar and extend its contract beyond the end of 2016 when it expires.
However, the 85-year-old has now cast fresh doubt on the race in an interview with Reuters, giving the circuit until the end of February to resolve its future.
“It’s Italian. A lot of conversations at the moment and not much action,” Ecclestone said.
“They said to me a few months ago: ‘Everything is sorted out, we know exactly where we are and it’s all agreed and no dramas.’
“And now I heard yesterday it’s become very political… They’ll get on with it. Or not. I don’t know what’s going to happen. Nothing we can do about it.
“The only people that can sort this out are the people that are currently involved in Italy. They can take as long as they like, provided it’s by the end of this month.”
The 2016 Italian Grand Prix is set to take place at Monza on September 4.