Sounds rather far-fetched to this observer, given Bernie Ecclestone’s penchant for Asia and new money centers. But a Grand Prix in Rome would be almost as cool as a GP in Manhattan!

A five-year contract for a Formula One street race in the Italian capital was signed at Monza on Friday, Rome Grand Prix officials have announced. Ahead of Italy’s existing race near Milan, they said that Rome would also feature on the calendar in 2012 or 2013, after the agreement was signed by Bernie Ecclestone and organiser Maurizio Flammini on Friday.

Rome Inks Five-Year F1 Race Contract | Motorsport.com.