The Italian Grand Prix will continue to be raced at Monza until at least 2024.

Formula One announced a new agreement with the Automobile Club d'Italia on Wednesday ahead of this weekend's race.

Monza has hosted 68 F1 races — more than any other circuit — and the Italian GP has been on the calendar since 1950, the year the world championship was established.

The announcement was made at an event marking the 90th edition overall of the Italian GP and the 90th anniversary of Scuderia Ferrari.