Monaco Grand Prix Secures Formula 1 Race Deal Until 2031

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Formula 1 has secured a deal to continue racing in Monaco until 2031, thanks to a six-year extension with the Automobile Club of Monaco (ACM). The Monaco Grand Prix has been a part of the Formula 1 World Championship calendar since its inception in 1950 and has been an iconic event since 1955.

This prestigious race takes place on the scenic streets of Monte Carlo, featuring famous sections like the Loews Hairpin, Casino Square, and Swimming Pool. Many legendary drivers, including Ayrton Senna, Alain Prost, Michael Schumacher, and Niki Lauda, have triumphed on this challenging 3.3km circuit.

The 2024 Monaco Grand Prix was a memorable event, with drivers like Fernando Alonso, Lewis Hamilton, Max Verstappen, Sergio Perez, and Charles Leclerc taking home multiple victories. Leclerc made history by becoming the first Monegasque driver to win the Grand Prix in Formula 1.

The appeal of the Monaco Grand Prix remains strong, with the 2024 edition attracting over 70 million viewers worldwide. This event is a highlight of the Formula 1 calendar and continues to captivate fans across the globe.

The extension of the agreement between the ACM and Formula 1 shows a commitment to sustainability and creating a calendar that benefits all stakeholders. The 2025 Monaco Grand Prix is scheduled for May 23-25, marking the 75th anniversary of the race’s official F1 debut.

Stefano Domenicali, President and CEO of Formula 1, expressed his delight at the extension, emphasizing the unique nature of the Monaco Grand Prix. The partnership between Formula 1 and Monaco signifies a new era of collaboration and innovation in the sport.

Michel Boeri, President of the Automobile Club of Monaco, highlighted the importance of offering a top-tier experience to visitors during race weekends. The Monaco Grand Prix is a premier sporting event that draws hundreds of thousands of spectators to the Principality and millions of viewers globally.

Overall, the extension of the Monaco Grand Prix deal until 2031 ensures that this iconic race will continue to be a cornerstone of the Formula 1 calendar, delighting fans and drivers alike for years to come.

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