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Bernie Ecclestone: Monza 'must pay' to stay on calendar

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Bernie Ecclestone says Monza "must pay" the same amount as other European circuits if it wants to remain on the Formula One calendar.

Monza has featured in every Formula One world championship season except 1980 but last year Ecclestone cast doubt on its future. The Italian Grand Prix is seen as one of the key events on the calendar and, along with Monaco, pays less than other circuits on the grid due to its historic value to the sport.

The standard fee for a European race is around €20 million and Ecclestone expects Monza to match that if it wants to stay in F1 beyond 2015, the final year of its current contract.

"It's a very simple situation," Ecclestone told Gazzetta dello Sport. "Two years ago I made a deal with one of the people who are no longer involved. For Monza we applied the same economic conditions of the other European races. All done, all good, we shook hands, but after that meeting nothing happened. There is a contract for the 2015 race, but not for future seasons. Yes, Monza is a part of F1 history, but they must pay."