Simplify the following text for a Grade 10 native English-speaking person.
Original: Following Italy 's defeat in World War II , and the consequent demise of fascism , the race was renamed the Circuito di Pescara , and in some years was also referred to as the Pescara Grand Prix ( Gran Premio di Pescara ) .
Simplified: Following Italy 's defeat in World War II , the race was renamed the Circuito di Pescara , and in some years was also referred to as the Pescara Grand Prix ( Gran Premio di Pescara ) .