The Formula 1 series has officially announced that the Monaco Grand Prix will remain on the calendar until 2031.
Known as one of the most prestigious races in F1, Monaco’s contract was set to expire after the 2025 event.
Despite concerns about the race’s entertainment value due to the narrow streets of the principality, a new agreement between F1 and the Automobile Club of Monaco ensures that Monaco will continue to host the race for the next six years.
Under the terms of the new deal, Monaco will shift its traditional end-of-May slot to the first weekend of June starting in 2026, avoiding any clashes with the Indianapolis 500.
F1 CEO Stefano Domenicali expressed his enthusiasm for the extension, emphasizing Monaco’s unique street circuit and its significance in the world of Formula 1.
The Monaco Grand Prix, a dream race for all drivers, will continue to capture the imagination of fans and competitors alike.
Charles Leclerc, Ferrari SF-24, Oscar Piastri, McLaren MCL38, Carlos Sainz, Ferrari SF-24, Lando Norris, McLaren MCL38
Photo by: Andy Hone / Motorsport Images
Monaco has reportedly agreed to a higher sanctioning fee to secure its place on the calendar, with F1’s partnership with luxury conglomerate LVMH further enhancing the race’s commercial prospects.
As part of the new deal, TAG Heuer will replace Rolex as F1’s official timekeeper next year, aligning with TAG’s longstanding association with the Monaco race.
Since its debut on the F1 calendar in 1950, the Monaco Grand Prix has been a staple of the racing calendar, with no anticipated changes to its iconic 3.3km layout in the foreseeable future.
