(CNN) -- A bid to bring grand prix to the streets of Rome appears a step closer after course planner Maurizio Flammini claimed a deal has been agreed with Formula One chief Bernie Ecclestone.
Authorities in the Italian capital have been planning the race for over a year and intend to use the city streets on a course similar to races held in Monaco and Valencia but Flammini would not confirm exactly when the course will appear on the racing calendar.
"The agreement with Formula One chief Bernie Ecclestone to give life to the Rome Grand Prix has already been done and signed," Flammini told Sky Italia.
"The appropriate course still has to be defined."
Mayor of Rome Gianni Alemanno also confirmed that the race in Rome does not pose a long-term threat to Italy's current venue in Monza.
There were fears when plans for a Rome grand prix were first mooted that it would replace the historic track which has been a regular part of the Formula One calendar since 1922.
"We think the Rome Grand Prix would be very important and we are in favor of it," he said. "And it's not true that it is an alternative to Monza.
"Monza is a grand prix on the circuit, and the grand prix of Rome is integrative to that of Monza, it's not a replacement.
"We have calculated that there will be an income of one billion Euros a year with this grand prix and Rome needs to renew its tourist appeal.
"Not only the past, archaeology and monuments, but also the future, something which is aimed at families and youngsters."