F1, Italian Grand Prix extend contract through 2031

Field Level Media|published: 11/27/2024, 2:37pm EST

Nov 23, 2024; Las Vegas, Nevada, USA; Scuderia Ferrari driver Charles Leclerc (16) is the defending champion of the Italian Grand Prix.

The Italian Grand Prix will stay on the Formula One schedule through at least 2031 after the sides agreed on a six-year contract extension.

The governing body announced the deal on Wednesday. It follows upgrades to the track in Monza, where 335,000 people watched Ferrari's Charles Leclerc win on Sept. 1.

"I am delighted that the Italian Grand Prix will remain on the calendar until 2031," said Stefano Domenicali, president and CEO of F1. "Monza is at the very heart of Formula 1 history and the atmosphere each year is unique as the Tifosi gather in huge numbers to cheer on Ferrari and the drivers.

The Autodromo Nazionale Monza, also known as The Temple of Speed, opened in 1922

Five current F1 drivers -- Fernando Alonso, Lewis Hamilton, Pierre Gasly, Max Verstappen and Leclerc -- have won there.

In 2020, Hamilton recorded the fastest lap in F1 history on the Monza course in terms of average speed -- 264.362 (164.2 miles) kilometers per hour.

--Field Level Media