Monaco Extends F1 Hosting Deal Until 2031

Monaco extends its F1 hosting until 2031, securing the future of the iconic Monaco Grand Prix. Despite challenges with the narrow streets and overtaking difficulties, this new deal ensures that Monaco will continue to be a key event on the Formula 1 calendar.

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Monaco’s Continued Prestige in F1 Despite Challenges

Despite the challenges posed by Monaco’s narrow streets and the difficulty of overtaking, the Monaco Grand Prix retains its status as one of the most prestigious and glamorous events in Formula 1. The circuit’s layout has remained largely unchanged, as altering it would be difficult.

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Monaco’s Date Shift to June: What Does It Mean for F1?

Starting in 2026, Monaco will shift to the first full weekend in June, moving away from its traditional May slot. This shift is believed to be part of F1’s wider strategy to align race schedules for sustainability, particularly in conjunction with the Canadian Grand Prix. Though F1 has yet to explain the change, it is suspected that Canada’s race may move to May.

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The Monaco Grand Prix has been part of Formula 1 since 1950, and despite its challenges—including limited space, a small crowd, and a relatively low hosting fee—it remains an iconic race. In 2024, Ferrari’s Charles Leclerc made history by winning the race, becoming the first Monegasque driver to do so since 1931.

Though Formula 1’s owners, Liberty Media, have expanded the calendar to 24 races in 2024, Monaco’s place on the calendar has been assured for the foreseeable future. Its commitment to delivering an unrivaled experience to visitors and its continued popularity among global television audiences reaffirm Monaco’s importance to the sport.

Conclusion

With the new agreement, Monaco ensures its legacy in Formula 1, continuing to attract both spectators and millions of television viewers globally. The shift to June from 2026 may bring new scheduling dynamics, but Monaco’s status as a major sporting event remains intact.