The Formula 1 stage at the Italian track was due to take place from May 19-21, but was canceled due to heavy rain and flooding in the area. According to the president of the Automobile Club of Italy, Angelo Sticchi Damiani, the race was canceled and not postponed.
According to the terms of the contract, the promoters were to pay the commercial owners of the championship between 18 and 25 million dollars for the 2023 race. But given the circumstances of the cancellation, “Formula 1” will not demand payment.
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Source: Sport
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.
