Talks over the future of the embattled Italian Grand Prix at Monza are still taking place.
That is the latest news from Angelo Sticchi Damiani, the president of the Italian automobile club Aci, amid the troubled negotiations with Bernie Ecclestone over a contract beyond 2016.
"The negotiations for the grand prix at Monza continue, as it is complex and expensive," he is quoted as saying by Italpress, an Italian news agency.
"The Aci will essentially cover the large deficit between the income and the grand prix expenditure, a great responsibility for which I am forced to do not the best, but the least harmful result," Damiani added.
He also commented on Ferrari's resurgence in 2016, declaring: "I see a Ferrari on the rise, with the situation against Mercedes in a process of rebalancing."
The 2016 Italian Grand Prix takes place on September 4.
