Monza not giving up on Italy GP yet

All hope that Monza will keep hosting the Italian grand prix beyond 2016 is not lost yet.

That is the claim of the fabled Autodromo Nazionale’s operating company Sias, hot on the heels of reports that negotiations with Bernie Ecclestone have broken down terminally.

"Autodromo Nazionale Monza has not received any official communication regarding the failure of the negotiations to renew the agreement with FOM," Sias declared in a statement.

"We therefore reiterate our confidence in Angelo Sticchi Damiani, president of the (Italian automobile club) Aci, that he is doing everything possible to ensure that Monza continues to be the natural home of the grand prix in our country," it added.

It has been reported the next host of the Italian grand prix could be Imola, having last staged a round of the world championship in 2006.