Dubbed "The Temple of Speed" where drivers often reach more than 350kph, Monza has hosted a Grand Prix every year since the inaugural world championship in 1950, except in 1980 when the track was closed for renovations.
"Monza is at the very heart of Formula 1 history and the atmosphere each year is unique as the Tifosi gather in huge numbers to cheer on Ferrari and the drivers," said Stefano Domenicali, President and CEO of Formula 1.
"The recent upgrades to the circuit's infrastructure and the planned investment show a strong commitment to the long-term future of Formula 1 in Italy."
The circuit, built in 1922, is the home grand prix for Ferrari, who have won more times at Monza than any other team, with the latest victory coming this year when Charles Leclerc took the chequered flag.
