F1 Grand Prix of Singapore

Formula 1 supreme leader Bernie Ecclestone says Monza must pay up to keep the storied Italian Grand Prix on the calendar.

As reported by, the Italian circuit’s contract only gets them through 2015. They seek an extension to 2020. This isn’t the first time Bernie has questioned the viability of the race because of the financial conditions in the current contract.

The FIA wants €20M for each European Grand Prix. While Monza and Bernie shook hands on the deal two years ago, apparently the check is still in the mail.

Ecclestone told Gazzetta dello Sport: “All done, all good, we shook hands, but after that meeting nothing happened.

The 2015 Monza Grand Prix is the 12th race in early September.

In the same interview with Gazzetta, Bernie also resumed his argument for a return to V8 engines. He feels the current hybrids are causing fans to lose interest, and their expense is skyrocketing.

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