The Monaco Grand Prix will stay on the Components 1 calendar till 2031, the sequence has introduced.
One of many crown jewels of F1’s calendar, Monaco’s contract was up for renewal after the 2025 version.
There had been doubts about Monaco’s long-term way forward for the race given its infamous struggles to offer an entertaining race on the slim streets of the principality, however F1 and the Car Membership of Monaco have struck a deal that can see the race stay on the calendar for six extra years.
Monaco will change dates below its new deal, transferring from its conventional end-of-Could date to the primary weekend of June from 2026 onwards. Which means it should not conflict with the Indianapolis 500.
“I’m delighted that Components 1 will proceed to race in Monaco till 2031,” mentioned F1 CEO Stefano Domenicali. “The streets of Monte Carlo are distinctive and a well-known a part of Components 1, and the Monaco Grand Prix stays a race that each one drivers dream of profitable.
“I want to lengthen a particular due to H.S.H. Prince Albert II of Monaco, Michel Boeri, President of the Car Membership of Monaco and everybody concerned within the extension of this essential partnership.”
Charles Leclerc, Ferrari SF-24, Oscar Piastri, McLaren MCL38, Carlos Sainz, Ferrari SF-24, Lando Norris, McLaren MCL38
Photograph by: Andy Hone / Motorsport Photographs
Monaco is known to have forked out a considerably larger sanctioning price to stay on the calendar. However the race’s industrial prospects have been boosted by F1’s just lately introduced take care of luxurious conglomerate LVMH.
As a part of the deal TAG Heuer will take over from Rolex as F1’s official timekeeper subsequent 12 months. TAG has additionally been a long-standing associate of the Monaco race, which suggests its branding will not conflict with F1’s, one thing which had been a degree of debate when Monaco’s earlier contract extension needed to be negotiated.
The Monaco Grand Prix featured on the primary F1 world championship calendar in 1950, and has been a daily fixture since 1955.
It’s understood that F1 has now accepted that because of the tight confines of the Monte Carlo harbour, Monaco’s 3.3km structure is just not anticipated to vary all through the brand new deal.