Formula 1 have agreed a six-year extension agreement with the Automobile Club of Monaco, meaning the series will continue to race around the streets of Monaco until 2031.
Circuit de Monaco’s History
A race on the first F1 Calendar in 1950 and a permanent fixture since 1955, the Monaco Grand Prix is one of the most famous sporting events worldwide.
Furthermore, the event is also part of the prestigious ‘Triple Crown of Motorsport’ with the 24 Hours of Le Mans and the Indianapolis 500.
Legends of the sport including Ayrton Senna and Michael Schumacher have all triumphed at the circuit, alongside Fernando Alonso, Lewis Hamilton, Max Verstappen, Sergio Perez and Charles Leclerc on the current grid.
The 2024 Monaco Grand Prix saw hometown hero Charles Leclerc take victory, making him the first Monegasque to win the Grand Prix in F1 history.
Circuit de Monaco’s Future
Additionally, a significant commitment has been made with the Automobile Club of Monaco in regard to F1’s sustainability endeavours and its ambition for a sustainable calendar for all stakeholders.
The 2025 Monaco Grand Prix will take place from May 23-25, marking the 75th anniversary of the race’s official F1 debut.
Celebrating A New Era
“I’m delighted that Formula 1 will continue to race in Monaco until 2031,” said Stefano Domenicali, President and CEO of Formula 1.
“The streets of Monte Carlo are unique and a famous part of Formula 1, and the Monaco Grand Prix remains a race that all drivers dream of winning.
“I would like to extend a special thanks to H.S.H. Prince Albert II of Monaco, Michel Boeri, President of the Automobile Club of Monaco and everyone involved in the extension of this important partnership.
“This agreement signals a new era of partnership and innovation between Formula 1 and Monaco. It is the future focused leadership of H.S.H. Prince Albert II of Monaco which will allow us to create an optimised calendar, which reduces pressure on logistics, and to decrease the environmental impact of our global championship, as we continue the path towards our Net Zero goal by 2030.”
Michel Boeri, President of the Automobile Club of Monaco, added:
“I would particularly like to thank H.S.H. Prince Albert II of Monaco, Stefano Domenicali, and everyone involved in the extension of this contract.
“The signing of this new agreement with the Formula One Group until 2031 not only confirms the strength of our relationship but reaffirms our commitment to offering all visitors an unrivalled, first-class experience at race weekends.
“The Monaco Grand Prix is the most important sporting event here and continues to attract hundreds of thousands of spectators to the Principality and millions of global television viewers worldwide.”
Featured Image Credit: Scuderia Ferrari
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